Form 4: Rapid7 Executive Scott M. Murphy Reports Tax Withholding Transaction
SEC Form 4 Filing
Scott M. Murphy, Chief Accounting Officer of Rapid7, Inc., reports the withholding of shares to cover tax obligations upon the vesting of restricted stock units.
Summary
- On May 15, 2025, Scott M. Murphy, Chief Accounting Officer of Rapid7, Inc., had 569 shares of common stock withheld by the issuer to satisfy tax obligations.
- This withholding occurred upon the vesting of restricted stock units granted on February 14, 2025.
- The restricted stock units vest in twelve equal quarterly installments, with the first installment vesting on May 15, 2025.
- Following the transaction, Murphy beneficially owns 35,336 shares of Rapid7 common stock directly.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations on vested stock, so it's neutral in sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which are closely monitored by investors.
Key Dates
| Date | Description |
|---|---|
| February 14, 2025 | Date of restricted stock unit grant |
| May 15, 2025 | Date of tax withholding and first vesting installment |
| May 19, 2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Rapid7, Scott M. Murphy, Chief Accounting Officer, Tax Withholding, Restricted Stock Units, Beneficial Ownership, RPD
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.