Rapid7 director plans sale of 13,190 shares
Rapid7, Inc. (RPD) director Michael Burns filed a Form 144 indicating an intent to sell 13,190 shares of Rapid7 common stock under Rule 144.
Rhea-AI Filing Summary
Rapid7, Inc. (RPD) director Michael Burns filed a Form 144 indicating an intent to sell 13,190 shares of Rapid7 common stock under Rule 144. The shares are restricted stock acquired from the issuer on August 27, 2026, with the planned sale reported on September 2, 2026 through Morgan Stanley Smith Barney LLC on NASDAQ.
Positive
- None.
Negative
- None.
Key Figures
Shares to be sold: 13,190 shares
Aggregate market value: $146,765.13
Planned sale date: September 2, 2026
+1 more
4 metrics
Shares to be sold
13,190 shares
Common stock covered by Michael Burns’ Form 144 notice
Aggregate market value
$146,765.13
Reported market value of 13,190 Rapid7 shares planned for sale
Planned sale date
September 2, 2026
Date associated with the reported NASDAQ sale of the shares
Acquisition date of restricted stock
August 27, 2026
Date the 13,190 restricted shares were acquired from the issuer
Key Terms
Rule 144, Restricted Stock, aggregate market value
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock financial
"Common | 08/27/2026 | Restricted Stock | Issuer |"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
aggregate market value financial
"Common ... 13190 | 146765.13 | 67400640 | 09/02/2026"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
What does the Form 144 filing disclose for Rapid7, Inc. (RPD)?
It discloses that director Michael Burns has filed notice of intent to sell 13,190 shares of Rapid7 common stock under Rule 144, representing restricted stock acquired from the issuer, with a planned sale reported for September 2, 2026 on NASDAQ.
Which broker-dealer is associated with the planned Rule 144 sale for Rapid7 (RPD)?
The filing lists Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, as the broker-dealer associated with the planned sale of 13,190 shares of Rapid7 common stock on NASDAQ.
AI-generated analysis. How Rhea-AI works. Not financial advice.