Rapid7 (RPD) accounting chief has 1,059 shares withheld for RSU taxes
Filing Impact
Filing Sentiment
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
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)
- [object Object]
Key Figures
Shares withheld for taxes: 1,059 shares
Withholding share value: $6.50 per share
Shares held after transaction: 39,142 shares
+2 more
5 metrics
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
Key Terms
restricted stock units, tax withholding obligation, Form 4, Chief Accounting Officer
4 terms
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.
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.