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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.

(Neutral)
(Neutral)
Form Type
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.

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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
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.

How many Rapid7 (RPD) shares are covered by Michael Burns’ Form 144?

The notice covers 13,190 shares of Rapid7, Inc. common stock. These are reported as restricted stock to be sold pursuant to Rule 144, with Morgan Stanley Smith Barney LLC identified in connection with the transaction.

What is the reported aggregate market value of the Rapid7 (RPD) shares in this Form 144?

The Form 144 reports an aggregate market value of $146,765.13 for the 13,190 shares of Rapid7 common stock to be sold on September 2, 2026 on NASDAQ.

When were the Rapid7 (RPD) shares acquired that are referenced in the Form 144?

The 13,190 restricted shares of Rapid7 common stock referenced in the Form 144 were acquired from the issuer as restricted stock on August 27, 2026, according to the acquisition information in the filing.

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.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature