RPD.NASDAQRapid7, INC

Form 4: Rapid7 Executive Christina Luconi Reports Stock Transaction

Sentiment:

SEC Form 4 Filing


Christina Luconi, Chief People Officer at Rapid7, reports the disposal of shares to cover tax obligations upon vesting of restricted stock units.

Summary

  • On August 15, 2024, Christina Luconi, Chief People Officer of Rapid7, Inc., disposed of 3,604 shares of common stock to cover tax obligations.
  • The transaction was executed at a price of $37.83 per share.
  • Following the transaction, Luconi directly owns 88,883 shares of Rapid7 common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where shares are withheld to cover tax obligations.

Key Dates

DateDescription
February 2, 2021Date of a previous grant of restricted stock units to the Reporting Person.
February 15, 2022Date of a previous grant of restricted stock units to the Reporting Person.
February 15, 2023Date of a previous grant of restricted stock units to the Reporting Person.
February 15, 2024Date of a previous grant of restricted stock units to the Reporting Person.
08/15/2024Date of the stock transaction where shares were disposed of to cover tax obligations.
08/19/2024Date of signature on the Form 4 filing.

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