Rapid7 (RPD) director Benjamin Holzman receives 15,208 RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Holzman Benjamin reported acquisition or exercise transactions in this Form 4 filing.
Rapid7 director Benjamin Holzman received a grant of 15,208 restricted stock units (RSUs), each representing one share of Rapid7 common stock. The RSUs were granted at no cash cost to him and are part of his equity compensation.
The RSU grant vests in full on the earlier of the company’s next annual meeting of stockholders after the grant date or the first anniversary of the grant, provided he continues serving Rapid7 through that date. Following this award, Holzman’s direct holdings reported in this filing total 81,313 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Holzman Benjamin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 15,208 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK — 81,313 shares (Direct, null)
Footnotes (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
Grant price per RSU: $0.0000 per unit
Holdings after transaction: 81,313 shares
3 metrics
RSU grant size
15,208 shares
Restricted stock units awarded to Benjamin Holzman
Grant price per RSU
$0.0000 per unit
Compensation-related equity grant, no cash paid
Holdings after transaction
81,313 shares
Benjamin Holzman direct ownership after RSU grant
Key Terms
restricted stock units, contingent right, annual meeting of stockholders
3 terms
restricted stock units financial
"This security represents restricted stock units. Each restricted stock unit represents a contingent right..."
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..."
annual meeting of stockholders financial
"This restricted stock unit grant vests in full on the earlier of the date of the Issuer's next annual meeting of stockholders..."
FAQ
What insider transaction did Rapid7 (RPD) report for Benjamin Holzman?
Rapid7 reported that director Benjamin Holzman received 15,208 restricted stock units as an equity grant. Each RSU represents a contingent right to one Rapid7 common share, granted at no cash cost as part of his compensation package.
When do Benjamin Holzman’s new Rapid7 (RPD) RSUs vest?
The new 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, assuming Benjamin Holzman continues serving the company through that vesting date.
What does each Rapid7 (RPD) restricted stock unit granted to Benjamin Holzman represent?
Each restricted stock unit granted to Benjamin Holzman represents a contingent right to receive one share of Rapid7 common stock. The units convert into actual shares only upon vesting, subject to his continued service with the company through the vesting date.
Was Benjamin Holzman’s Rapid7 (RPD) RSU grant an open-market purchase?
No. The filing describes the transaction as a grant or award acquisition of 15,208 RSUs at a price of $0.0000 per unit. This indicates a compensation-related award, not an open-market stock purchase by Benjamin Holzman.