Form 4: Rapid7 Officer's Stock Withheld for Tax Obligation

Rapid7's Chief Accounting Officer, Scott M. Murphy, had 570 shares of common stock withheld by the company to cover tax obligations related to RSU vesting.

Summary

• Scott M. Murphy, Chief Accounting Officer of Rapid7, Inc. (RPD), reported a transaction on August 15, 2025.
• The transaction involved the disposition of 570 shares of common stock at a price of $21.27 per share.
• These shares were withheld by Rapid7 to satisfy Mr. Murphy's tax withholding obligation upon the vesting of restricted stock units (RSUs).
• The RSUs were originally granted to Mr. Murphy on February 14, 2025.
• Following this transaction, Mr. Murphy directly beneficially owns 34,423 shares of Rapid7 common stock.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or prospects.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This Form 4 filing details a routine insider transaction related to compensation, specifically the tax withholding upon RSU vesting. Such transactions are common across all industries for executives receiving equity compensation and do not typically reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: The transaction is a routine administrative event and has minimal direct impact on the broader shareholder base. It slightly reduces the direct holdings of a key executive, but this is offset by the tax obligation fulfillment.
• Employees: No direct impact on employees beyond the executive involved.

Key Dates

Keywords

Rapid7, RPD, Form 4, Insider Transaction, Stock Vesting, Tax Withholding, Chief Accounting Officer, Scott M. Murphy, Restricted Stock Units