Rapid7 (RPD) CAO Murphy sells 827 shares and receives 20,000 RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rapid7, Inc. Chief Accounting Officer Scott M. Murphy reported two equity transactions. On February 17, 2026, he acquired 20,000 shares of common stock through a grant of restricted stock units under the company’s 2015 Equity Incentive Plan, at a stated price of $0.00 per share.
The footnotes state each restricted stock unit represents a contingent right to receive one share of common stock, vesting in twelve quarterly installments beginning May 15, 2026, subject to continued service. On April 22, 2026, he made an open-market sale of 827 shares of common stock at $6.35 per share, leaving him with 40,201 shares of common stock directly owned after the sale. The RSU grant was reported late due to an inadvertent administrative error.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 827 shares ($5,251)
Net Sell
2 txns
Insider
Murphy Scott M
Role
Chief Accounting Officer
Sold
827 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | COMMON STOCK | 827 | $6.35 | $5K |
| Grant/Award | COMMON STOCK | 20,000 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK — 40,201 shares (Direct, null)
Footnotes (1)
- This security represents restricted stock units granted under the Issuer's 2015 Equity Incentive Plan, as amended. Each restricted stock unit represents a contingent right to receive one share of common stock of the Issuer. This transaction is being reported late due to inadvertent administrative error. This restricted stock unit grant vests in twelve quarterly installments, with the first installment vesting on May 15, 2026, subject to the Reporting Person's continued service with the Issuer.
Key Figures
Open-market sale: 827 shares at $6.35
RSU grant size: 20,000 shares
Post-sale holdings: 40,201 shares
+1 more
4 metrics
Open-market sale
827 shares at $6.35
Common stock sale on April 22, 2026
RSU grant size
20,000 shares
Restricted stock units granted February 17, 2026
Post-sale holdings
40,201 shares
Common stock directly owned after April 22, 2026 sale
RSU vesting schedule
12 quarterly installments
First installment vests May 15, 2026
Key Terms
restricted stock units, 2015 Equity Incentive Plan, contingent right, quarterly installments
4 terms
restricted stock units financial
"This security represents restricted stock units granted under the Issuer's 2015 Equity Incentive Plan"
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.
2015 Equity Incentive Plan financial
"restricted stock units granted under the Issuer's 2015 Equity Incentive Plan, as amended"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of common stock"
quarterly installments financial
"This restricted stock unit grant vests in twelve quarterly installments, with the first installment vesting on May 15, 2026"
FAQ
What insider transactions did Rapid7 (RPD) report for Scott M. Murphy?
Rapid7 reported that Chief Accounting Officer Scott M. Murphy received a grant of 20,000 restricted stock units on February 17, 2026, and later sold 827 shares of common stock on April 22, 2026, through an open-market sale at $6.35 per share.
What equity award did Scott M. Murphy receive from Rapid7 (RPD)?
Scott M. Murphy received an award of 20,000 restricted stock units on February 17, 2026, under Rapid7’s 2015 Equity Incentive Plan. Each unit represents a contingent right to one share of common stock, with no cash price stated for the grant.
How do Scott M. Murphy’s Rapid7 (RPD) restricted stock units vest?
Murphy’s 20,000 restricted stock units vest in twelve quarterly installments. The first installment is scheduled to vest on May 15, 2026, and each vesting is conditioned on his continued service with Rapid7 as described in the Form 4 footnotes.
Why was Scott M. Murphy’s Rapid7 (RPD) RSU grant reported late?
The Form 4 footnotes state that the restricted stock unit grant to Scott M. Murphy was reported late due to an inadvertent administrative error. The company still disclosed the grant details, including amount and vesting schedule, in the filing.