Rapid7 SEC Filings

Rapid7, Inc. (RPD) disclosed that its Chief Accounting Officer reported a small open-market sale of company stock. On 11/24/2025, the officer sold 1,370 shares of common stock in a single reported transaction coded "S" for sale. The shares were sold at a weighted average price of $13.97, with individual trades occurring between $13.71 and $14.21. After this transaction, the officer beneficially owns 24,482 shares of Rapid7 common stock directly. This is a routine insider ownership update filed on Form 4 under SEC rules.

JANA Partners Management, LP, a more than 10% owner of Rapid7, Inc. (RPD), reported open-market purchases of the company’s common stock on a Form 4. On 11/24/2025, JANA bought 150,000 Rapid7 shares at $14.13 per share. On 11/25/2025, it purchased an additional 50,000 shares at $15.01 per share. Following these transactions, JANA is shown as beneficially owning 6,718,604 Rapid7 shares, held indirectly through accounts under its management and control.

The filing notes that JANA may be deemed a director by deputization under securities laws because Kevin Galligan, a partner of JANA, serves on Rapid7’s board of directors.

Rapid7, Inc. (RPD) CEO and director Corey E. Thomas reported an open-market purchase of common stock. On 11/24/2025, he bought 14,500 shares of Rapid7 common stock at a weighted average price of $13.82 per share, with individual trades occurring between $13.78 and $13.82.

After this transaction, Thomas directly owns 595,066 shares of Rapid7 common stock. In addition, 218,748 shares are held through Thomas Family Holdings LLC, where he serves as manager, and 30,000 shares are held by the Corey E. Thomas Irrevocable Trust of 2016. He disclaims beneficial ownership of the LLC and trust shares except to the extent of any pecuniary interest.

Rapid7, Inc. (RPD) filed a Form 4 reporting that a company director bought additional common stock. On 11/20/2025, the director purchased 2,000 shares of Rapid7 common stock at a price of $13.8 per share, in a transaction coded "P" for a market purchase. Following this transaction, the director beneficially owns 5,000 shares indirectly through The Burns Living Trust and 16,197 shares directly. The filing classifies the individual’s relationship to Rapid7 as a director and indicates the form was filed for one reporting person.

Rapid7, Inc. (RPD) reported an insider equity transaction by its CEO and Director, Corey E. Thomas. On 11/15/2025, 12,969 shares of Rapid7 common stock were withheld by the company at a price of $14.03 per share to cover his tax obligations upon the vesting of previously granted restricted stock units. After this tax withholding, Thomas beneficially owned 580,566 shares directly. He also had indirect ownership of 218,748 shares held by Thomas Family Holdings LLC and 30,000 shares held by the Corey E. Thomas Irrevocable Trust of 2016, for which he disclaims beneficial ownership beyond any pecuniary interest.

Rapid7, Inc. (RPD) reported an insider equity transaction by its Chief Financial Officer on a Form 4. On 11/15/2025, the CFO had 9,225 shares of common stock withheld by the company at a price of $14.03 per share to cover tax obligations arising from the vesting of previously granted restricted stock units. After this tax withholding, the officer directly beneficially owns 186,863 shares of Rapid7 common stock.

Rapid7, Inc. (RPD)11/15/2025. The filing shows that 570 shares of common stock were disposed of at $14.03 per share with a transaction code "F," meaning the shares were withheld by the company to cover tax obligations tied to previously granted restricted stock units. After this tax-withholding event, the reporting person directly beneficially owns 25,852 shares of Rapid7 common stock.

Rapid7 (RPD) reported Q3 2025 results. Revenue was $217.960 million, up slightly from $214.654 million a year ago. Gross profit was $152.976 million. Operating income came in at $5.903 million, and net income was $9.809 million ($0.15 diluted EPS), compared with $15.410 million last year.

For the first nine months, revenue reached $642.406 million and net income was $20.252 million. Operating cash flow for the period was strong at $116.250 million. Cash and cash equivalents were $130.613 million with $503.933 million of available‑for‑sale U.S. agency securities. Current deferred revenue was $422.943 million. Remaining performance obligations expected over the next twelve months totaled $571.398 million, with a further $266.197 million thereafter.

Rapid7 redeemed the remaining 2025 convertible notes with a $46.5 million payment and entered a new $200.0 million undrawn revolving credit facility. Convertible notes outstanding include $600.0 million due 2027 and $300.0 million due 2029. Stockholders’ equity improved to $127.216 million, up from $17.711 million at year-end.

Rapid7, Inc. appointed Rafe Brown as Chief Financial Officer, effective upon his start, expected on or about December 1, 2025. The company also announced quarterly results via a press release furnished as an exhibit.

Brown’s compensation includes a $450,000 annual base salary, a target bonus equal to 75% of base salary beginning in 2026, and a $250,000 sign‑on bonus payable within 45 days of his start, subject to pro‑rata repayment if he departs within the first year under specified circumstances. Equity awards include a restricted stock unit grant with an approximate grant date value of $7.5 million vesting over three years (one‑third on December 15, 2026, then quarterly), eligibility for a performance‑based RSU around $2.5 million by March 31, 2026, and a supplemental equity award up to $5.0 million in Q1 2026.

Severance terms provide six months of base salary and COBRA premiums for certain terminations, increasing to 12 months, full target bonus for the year of termination, and full equity vesting acceleration if a qualifying termination occurs within three months before or 12 months after a change in control. Outgoing CFO Tim Adams will transition to an advisory role.