Rapid7, Inc. (RPD) CAO has 344 shares withheld to cover taxes
Rhea-AI Filing Summary
Rapid7, Inc. reports that Chief Accounting Officer Scott M. Murphy had 344 shares of common stock withheld on July 15, 2026 at $12.25 per share to satisfy his tax withholding obligation upon vesting of restricted stock units granted March 4, 2024. He now holds 38,798 shares directly.
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 | 344 | $12.25 | $4K |
Holdings After Transaction:
COMMON STOCK — 38,798 shares (Direct)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 344.0000 shares
Withholding price per share: $12.2500 per share
Shares held after transaction: 38798.0000 shares
+1 more
4 metrics
Shares withheld for taxes
344.0000 shares
Common stock withheld on July 15, 2026 to satisfy tax withholding obligation
Withholding price per share
$12.2500 per share
Value used for tax-withholding disposition of 344 common shares
Shares held after transaction
38798.0000 shares
Direct Rapid7 common stock holdings of Scott M. Murphy following the withholding
Tax withholding shares (summary)
344 shares
TaxWithholdingShares reported in transactionSummary for this Form 4
Key Terms
restricted stock units, tax withholding obligation, tax-withholding disposition
3 terms
restricted stock units financial
"upon the vesting of restricted stock units 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
"to satisfy the Reporting Person's tax withholding obligation upon the vesting"
tax-withholding disposition financial
"transaction_action: tax-withholding disposition of common stock"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Rapid7 (RPD) Chief Accounting Officer Scott M. Murphy report?
Scott M. Murphy reported 344 Rapid7 shares withheld on July 15, 2026 at $12.25 per share. The shares were retained by Rapid7 to cover his tax withholding obligation upon vesting of restricted stock units granted on March 4, 2024.
Was the Rapid7 (RPD) transaction by Scott M. Murphy an open-market sale?
No, the transaction was a tax-withholding disposition, not an open-market sale. Rapid7 withheld 344 shares from Murphy upon RSU vesting to pay taxes, rather than him selling shares into the market.
What equity award triggered the Rapid7 (RPD) tax withholding for Scott M. Murphy?
The tax withholding was triggered by the vesting of restricted stock units granted to Scott M. Murphy on March 4, 2024. When these RSUs vested, Rapid7 withheld shares to cover the associated tax liability.