Form 4: Rapid7 Officer Schedules Stock Sale Under 10b5-1 Plan

Rapid7's Chief Accounting Officer, Scott M Murphy, reported a scheduled sale of 1,267 shares of common stock for $6.51 per share on February 23, 2026, under a pre-arranged 10b5-1 plan.

Summary

• Scott M Murphy, Chief Accounting Officer of Rapid7, Inc. (RPD), reported a planned disposition of common stock.
• The transaction involves the scheduled sale of 1,267 shares of Rapid7 common stock.
• The shares are set to be sold at a price of $6.51 per share on February 23, 2026.
• This transaction is being conducted pursuant to a Rule 10b5-1(c) plan, which allows insiders to pre-arrange stock trades.
• Following this scheduled transaction, Murphy will beneficially own 21,372 shares of Rapid7 common stock directly.
• The total value of the scheduled sale is approximately $8,246.17 (1,267 shares multiplied by $6.51 per share).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine disclosure of an insider stock sale under a pre-arranged plan, which is generally neutral in sentiment as it is a pre-scheduled event rather than a reactive one.

Future Outlook

The filing does not provide any forward-looking statements or guidance beyond the scheduled transaction date.

Industry Context

StockSavvy.ai notes that insider sales under Rule 10b5-1 plans are a common practice for executives to manage personal finances, diversify holdings, and ensure compliance with insider trading regulations by pre-scheduling trades. The future-dated transaction indicates a pre-planned execution.

Stakeholder Impact

• Shareholders may note the planned insider sale, but given its relatively small size and execution under a 10b5-1 plan, the direct impact on shareholder sentiment or company operations is likely minimal.

Key Dates

Keywords

Rapid7, RPD, Insider Sale, Form 4, Scott M Murphy, Chief Accounting Officer, 10b5-1 Plan, Stock Transaction