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Rapid7 (RPD) accounting chief has 1,059 shares withheld for RSU taxes

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

Rhea-AI Filing Summary

Rapid7, Inc. Chief Accounting Officer Scott M. Murphy reported a tax-related share disposition. On May 15, 2026, 1,059 shares of Rapid7 common stock were withheld at $6.50 per share to satisfy his tax withholding obligation when previously granted restricted stock units vested. Following this withholding, he directly holds 39,142 shares of Rapid7 common stock.

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Insider Murphy Scott M
Role Chief Accounting Officer
Type Security Shares Price Value
Tax Withholding COMMON STOCK 1,059 $6.50 $7K
Holdings After Transaction: COMMON STOCK — 39,142 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 1,059 shares Tax withholding disposition on May 15, 2026
Withholding share value $6.50 per share Value used for tax-withholding calculation
Shares held after transaction 39,142 shares Direct common stock holdings after withholding
Transaction code F Payment of tax liability by delivering securities
Tax-withholding shares reported 1,059 shares Form 4 taxWithholdingShares in transactionSummary
restricted stock units financial
"upon the vesting of restricted stock units previously granted to the Reporting Person"
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.
tax withholding obligation financial
"withheld by the Issuer to satisfy the Reporting Person's tax withholding obligation"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Chief Accounting Officer financial
"officer_title": "Chief Accounting Officer""
A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.
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*
Murphy Scott M

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
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 STOCK05/15/2026F(1)1,059D$6.539,142D
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. Represents shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units previously granted to the Reporting Person on February 14, 2025 and February 17, 2026.
Remarks:
/s/ Peter Kaes, Attorney-in-Fact05/18/2026
** 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)

FAQ

What insider transaction did Rapid7 (RPD) report for Scott M. Murphy?

Rapid7 reported that Chief Accounting Officer Scott M. Murphy had 1,059 common shares withheld to cover tax obligations from vesting restricted stock units. This was a Form 4 transaction coded “F,” indicating payment of tax liability by delivering securities back to the issuer.

Was the Rapid7 (RPD) Form 4 transaction an open-market sale?

No, the Rapid7 Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the company to satisfy Murphy’s tax obligation upon RSU vesting, a common administrative mechanism rather than a discretionary stock sale in the market.

How many Rapid7 (RPD) shares does Scott M. Murphy hold after this Form 4?

After the tax-withholding transaction, Scott M. Murphy directly holds 39,142 Rapid7 common shares. This figure reflects his position reported following the 1,059-share withholding related to the vesting of restricted stock units granted in February 2025 and February 2026.

At what price were shares valued in the Rapid7 (RPD) tax-withholding event?

The shares in the Rapid7 tax-withholding event were valued at $6.50 per share. This value is used solely for calculating the number of shares withheld to satisfy the officer’s tax liability associated with the vesting of previously granted restricted stock units.

What caused the tax-withholding share disposition reported by Rapid7 (RPD)?

The share disposition was triggered by the vesting of restricted stock units previously granted to Scott M. Murphy in February 2025 and February 2026. To cover his tax withholding obligation on this vesting, the issuer withheld 1,059 common shares at a value of $6.50 each.