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Rapid7 (RPD) awards 57,390 restricted stock units to new board member

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kalowski Jeffrey reported acquisition or exercise transactions in this Form 4 filing.

Rapid7, Inc. reported that director Jeffrey Kalowski received a grant of 57,390 restricted stock units as an initial one-time equity award for joining the Board of Directors. The units were granted at no cash cost and each unit represents one share of common stock.

The award vests in three substantially equal annual installments beginning on June 9, 2027, subject to his continued service with the company. Following this grant, Kalowski is shown as holding 57,390 shares related to this award, reflecting a standard, compensation-driven equity grant rather than an open-market purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Kalowski Jeffrey
Role null
Type Security Shares Price Value
Grant/Award COMMON STOCK 57,390 $0.00 --
Holdings After Transaction: COMMON STOCK — 57,390 shares (Direct, null)
Footnotes (1)
  1. This security represents restricted stock units granted under the Issuer's 2015 Equity Incentive Plan, as amended, as an initial one-time grant to the Reporting Person in connection with his appointment to the Issuer's Board of Directors. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer. This restricted stock unit grant vests in three substantially equal annual installments beginning on June 9, 2027, in each case subject to the Reporting Person's continued service with the Issuer through the applicable vesting date.
RSUs granted 57,390 units Initial one-time grant to director on June 9, 2026
Price per unit $0.0000 per share Grant of restricted stock units, no cash purchase price
Holdings after grant 57,390 shares Total common stock reported following this RSU award
Vesting schedule Three equal annual installments Beginning on June 9, 2027, subject to continued service
restricted stock units financial
"This security represents restricted stock units granted under the Issuer's 2015 Equity Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2015 Equity Incentive Plan financial
"restricted stock units granted under the Issuer's 2015 Equity Incentive Plan, as amended"
vesting financial
"This restricted stock unit grant vests in three substantially equal annual installments"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Board of Directors financial
"initial one-time grant to the Reporting Person in connection with his appointment to the Issuer's Board of Directors"
The Board of Directors is a group of people chosen by a company's owners to help make big decisions and oversee how the company is run. They act like a team of advisors or managers, making sure the company stays on track and meets its goals. Their choices can influence the company's success and how it grows.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kalowski Jeffrey
(Last)(First)(Middle)
C/O RAPID7, INC.
120 CAUSEWAY STREET
(Street)
BOSTON MASSACHUSETTS 02114
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Rapid7, Inc. [ RPD ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/09/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
COMMON STOCK(1)06/09/2026A57,390(2)A$057,390D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This security represents restricted stock units granted under the Issuer's 2015 Equity Incentive Plan, as amended, as an initial one-time grant to the Reporting Person in connection with his appointment to the Issuer's Board of Directors. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer.
2. This restricted stock unit grant vests in three substantially equal annual installments beginning on June 9, 2027, in each case subject to the Reporting Person's continued service with the Issuer through the applicable vesting date.
Remarks:
/s/ Christopher Keenan, Attorney-in-Fact06/10/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Rapid7 (RPD) disclose for Jeffrey Kalowski?

Rapid7 disclosed that director Jeffrey Kalowski received 57,390 restricted stock units as an initial one-time equity grant. The award was made at no cash cost and is tied to his service on the company’s Board of Directors as part of standard director compensation.

How many Rapid7 (RPD) shares are covered by Jeffrey Kalowski’s RSU grant?

The grant covers 57,390 restricted stock units, each representing one share of Rapid7 common stock. This entire amount is shown as held after the transaction, reflecting a new equity award rather than an open-market trade or sale of previously owned shares.

What is the vesting schedule for Jeffrey Kalowski’s Rapid7 (RPD) RSU grant?

The RSU grant vests in three substantially equal annual installments starting June 9, 2027. Each installment requires Kalowski to continue serving on Rapid7’s Board of Directors through the applicable vesting date, aligning his compensation with longer-term company service and performance.

Was there any purchase price for Jeffrey Kalowski’s Rapid7 (RPD) RSU award?

No cash purchase price is associated with this award; the Form 4 reports a price per share of 0.0000. The restricted stock units were granted under Rapid7’s 2015 Equity Incentive Plan as part of director compensation, not acquired in an open-market transaction.

Under which plan was the Rapid7 (RPD) RSU grant to Jeffrey Kalowski issued?

The restricted stock units were granted under Rapid7’s 2015 Equity Incentive Plan, as amended. This plan governs equity-based compensation, and in this case provided an initial one-time grant to Kalowski in connection with his appointment to the company’s Board of Directors.