Rapid7 (RPD) director Benjamin Nye receives 15,208 restricted stock units as award

Rhea-AI Filing Summary

Nye Benjamin reported acquisition or exercise transactions in this Form 4 filing.

Rapid7, Inc. director Benjamin Nye reported an equity compensation grant of 15,208 shares of common stock in the form of restricted stock units. These units were awarded at no cash cost per share and increase his direct holdings to 95,502 shares after the transaction.

The restricted stock units vest in full on the earlier of the company’s next annual stockholder meeting after the grant date or the first anniversary of the grant, provided Nye continues serving the company through that vesting date. This reflects routine director compensation rather than an open-market purchase or sale.

Insights

Equity compensation analyst

Rapid7 director received routine RSU equity compensation, not an open-market trade.

Director Benjamin Nye was granted 15,208 restricted stock units, each representing one share of Rapid7 common stock. The grant carried a zero per-share price, indicating stock-based compensation rather than a cash purchase in the market.

The RSUs vest in a single tranche on the earlier of the next annual meeting of stockholders after the grant or the first anniversary of the grant date, conditioned on continued service. Following this award, Nye directly holds 95,502 shares, suggesting the transaction modestly increases an existing position and is best viewed as standard board compensation.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Nye Benjamin

Role null

Type	Security	Shares	Price	Value
Grant/Award	COMMON STOCK	15,208	$0.00	--

Holdings After Transaction: COMMON STOCK — 95,502 shares (Direct, null)

Footnotes (1)

1. This security represents restricted stock units. 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 full on the earlier of: (i) the date of the Issuer's next annual meeting of stockholders held after the date of the grant or (ii) the first anniversary of the date of grant, in each case subject to the Reporting Person's continued service with the Issuer through the applicable vesting date.

Key Figures

RSU grant size: 15,208 shares Transaction price: $0.0000 per share Shares held after: 95,502 shares +1 more

4 metrics

RSU grant size 15,208 shares Restricted stock units granted to director on transaction date

Transaction price $0.0000 per share Per-share price for RSU award, indicating compensation grant

Shares held after 95,502 shares Total Rapid7 common shares directly held after the grant

Vesting trigger Earlier of next annual meeting or first anniversary Single vesting date condition for the RSU grant

Key Terms

restricted stock units, contingent right, vesting, annual meeting of stockholders

4 terms

restricted stock units financial

"This security represents restricted stock units. Each restricted stock unit represents a contingent right to receive one share"

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.

contingent right financial

"Each restricted stock unit represents a contingent right to receive one share of common stock"

vesting financial

"This restricted stock unit grant vests in full on the earlier of the date of the Issuer's next annual meeting"

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.

annual meeting of stockholders financial

"on the earlier of the date of the Issuer's next annual meeting of stockholders held after the date of the grant"

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Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Nye Benjamin

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
COMMON STOCK(1)	06/09/2026		A		15,208(2)	A	$0	95,502	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This security represents restricted stock units. 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 full on the earlier of: (i) the date of the Issuer's next annual meeting of stockholders held after the date of the grant or (ii) the first anniversary of the date of grant, in each case subject to the Reporting Person's continued service with the Issuer through the applicable vesting date.

Remarks:

Exhibit 24 - Power of Attorney.

	/s/ Christopher Keenan, Attorney-in-Fact	06/10/2026
	** Signature of Reporting Person	Date
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 did Rapid7 (RPD) director Benjamin Nye report in this Form 4 filing?

Benjamin Nye reported receiving 15,208 restricted stock units of Rapid7 common stock as equity compensation. Each unit represents a right to one share, awarded at no cash cost, increasing his direct holdings to 95,502 shares after the grant.

Is Benjamin Nye buying or selling Rapid7 (RPD) shares in this transaction?

Nye is not buying or selling shares on the open market; he is receiving a grant of 15,208 restricted stock units. The Form 4 classifies this as a grant or award acquisition, typical for director compensation rather than a discretionary trade.

How many Rapid7 (RPD) shares does Benjamin Nye hold after this RSU grant?

After the grant, Benjamin Nye directly holds 95,502 shares of Rapid7 common stock. This total includes the 15,208 restricted stock units reported in the transaction, which each convert into one share upon vesting, assuming continued service through the vesting date.

When do Benjamin Nye’s Rapid7 (RPD) restricted stock units vest?

The 15,208 restricted stock units vest in full on the earlier of Rapid7’s next annual meeting of stockholders after the grant date or the first anniversary of the grant. Vesting is subject to Nye’s continued service with the company through that date.

What does a zero transaction price mean in this Rapid7 (RPD) Form 4?

The reported per-share transaction price of 0.0000 indicates a stock-based compensation grant, not a cash purchase. Nye received restricted stock units as part of his director compensation, so no cash changed hands for the 15,208 units awarded.

What are restricted stock units in the context of Rapid7 (RPD)?

Restricted stock units are compensation awards that give the holder a contingent right to receive shares later. For Nye’s grant, each unit equals one Rapid7 common share upon vesting, subject to conditions like continued service until the specified vesting date.