STOCK TITAN

Rapid7 (RPD) director shifts 16,840 shares into gifts and family trust

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

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.

Positive

  • None.

Negative

  • None.
Insider BERRY MICHAEL J
Role null
Type Security Shares Price Value
Gift COMMON STOCK 8,420 $0.00 --
Gift COMMON STOCK 8,420 $0.00 --
Holdings After Transaction: COMMON STOCK — 0 shares (Direct, null); COMMON STOCK — 26,170 shares (Indirect, By The Berry Family Trust)
Footnotes (1)
  1. [object Object]
Total gifted shares 16,840 shares Bona fide gifts reported June 9, 2026
Individual gift size 8,420 shares Each of two gift transactions
Indirect holdings after transactions 26,170 shares Held through The Berry Family Trust
Direct holdings after transactions 0 shares Common stock held directly by Berry
Gift transactions count 2 transactions Both coded G, bona fide gift
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
beneficial owner financial
"The reporting person remains the beneficial owner of the securities held by the trust."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
indirect ownership financial
"ownership_type: "indirect" and nature_of_ownership: "By The Berry Family Trust""
The Berry Family Trust financial
"transferred 8,420 shares of RPD common stock to The Berry Family Trust for no consideration."
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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*
BERRY MICHAEL J

(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 STOCK06/09/2026G8,420D$00D(1)
COMMON STOCK06/09/2026G8,420A$026,170I(1)By The Berry Family Trust
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. 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.
Remarks:
Exhibit 24 - Power of Attorney.
/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)

FAQ

What insider transaction did Rapid7 (RPD) director Michael J. Berry report?

Michael J. Berry reported two bona fide gifts totaling 16,840 Rapid7 shares. One 8,420-share transfer moved stock into The Berry Family Trust, and another 8,420-share gift reduced his direct holdings to zero while maintaining indirect ownership through the trust.

How many Rapid7 (RPD) shares did Michael J. Berry gift in this Form 4?

The Form 4 shows Berry gifted a total of 16,840 Rapid7 common shares. This consists of two separate 8,420-share bona fide gifts reported on June 9, 2026, affecting both his direct holdings and shares now held indirectly through The Berry Family Trust.

Does Michael J. Berry still beneficially own the Rapid7 (RPD) shares moved to the family trust?

Yes. A footnote states 8,420 shares were transferred to The Berry Family Trust for no consideration and Berry remains the beneficial owner. He is trustee, and he and his family are the sole beneficiaries of the trust’s Rapid7 holdings.

What are Michael J. Berry’s Rapid7 (RPD) holdings after these reported gifts?

Following the reported gifts, Berry holds 26,170 Rapid7 shares indirectly through The Berry Family Trust and no shares directly. The filing classifies the trust position as indirect ownership, reflecting his role as trustee and the family’s beneficial interest.

Were the reported Rapid7 (RPD) insider transactions open-market sales or purchases?

No. Both transactions are coded as “G” for bona fide gifts with a price of $0.00 per share. This indicates non-market transfers, including a movement of shares into a family trust, rather than open-market buying or selling activity.