Rapid7 director gifts 16,840 shares of stock
Rapid7, Inc. director Michael J. Berry reported gifting shares of common stock.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Rapid7, Inc. director Michael J. Berry reported gifting shares of common stock. On June 9, 2026, he made two bona fide gift transfers totaling 16,840 shares of Rapid7 common stock.
According to a footnote, 8,420 shares were transferred for no consideration to The Berry Family Trust, where he is trustee and his family are sole beneficiaries, so he remains the beneficial owner of those trust-held shares. After these transactions, 26,170 shares are held indirectly through the trust, and he holds no shares directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | COMMON STOCK | 8,420 | $0.00 | $0.00 |
| Gift | COMMON STOCK | 8,420 | $0.00 | $0.00 |
Footnotes (1)
- F1. On June 9, 2026, the reporting person transferred 8,420 shares of RPD common stock to The Berry Family trust for no consideration. The reporting person is a trustee of the trust, and the reporting person and members of his family are the sole beneficiaries of the trust. The reporting person remains the beneficial owner of the securities held by the trust.
Key Figures
Key Terms
bona fide gift financial
beneficial owner financial
indirect ownership financial
The Berry Family Trust financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Rapid7 (RPD) director Michael J. Berry report?
What are Michael J. Berry’s Rapid7 (RPD) holdings after these reported gifts?
Were the reported Rapid7 (RPD) insider transactions open-market sales or purchases?
AI-generated analysis. How Rhea-AI works. Not financial advice.