Form 4: Rapid7 Officer Sells Shares for Tax Obligations

Rapid7's Chief Accounting Officer, Scott M. Murphy, disposed of 570 shares of common stock to cover tax withholdings related to RSU vesting.

Summary

• Scott M. Murphy, Chief Accounting Officer of Rapid7, Inc. (RPD), reported a transaction involving the company's common stock.
• On November 15, 2025, Murphy disposed of 570 shares of common stock.
• The shares were disposed of at a price of $14.03 per share.
• This transaction was identified with code 'F', indicating shares withheld by the Issuer to satisfy tax withholding obligations.
• The tax withholding was upon the vesting of restricted stock units (RSUs) that were granted to Murphy on February 14, 2025.
• Following this transaction, Scott M. Murphy beneficially owns 25,852 shares of Rapid7 common stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary sale of shares by an insider to cover tax obligations upon RSU vesting. This type of transaction is administrative and does not typically indicate positive or negative sentiment regarding the company's performance or outlook.

Industry Context

This filing details a routine insider transaction related to executive compensation and tax obligations, which is a common occurrence across all publicly traded companies and does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-discretionary transaction for tax purposes and does not reflect a change in the insider's investment thesis or company fundamentals.
• Employees: No direct impact beyond the reporting person.

Key Dates

Keywords

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