Rapid7 CEO Corey Thomas Reports Tax Withholding Stock Transaction
Rhea-AI Filing Summary
Rapid7, Inc. (RPD) reported an insider equity transaction by its CEO and Director, Corey E. Thomas. On 11/15/2025, 12,969 shares of Rapid7 common stock were withheld by the company at a price of $14.03 per share to cover his tax obligations upon the vesting of previously granted restricted stock units. After this tax withholding, Thomas beneficially owned 580,566 shares directly. He also had indirect ownership of 218,748 shares held by Thomas Family Holdings LLC and 30,000 shares held by the Corey E. Thomas Irrevocable Trust of 2016, for which he disclaims beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | COMMON STOCK | 12,969 | $14.03 | $182K |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
Footnotes (1)
- Represents shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units previously granted to the Reporting Person on February 2, 2021, February 15, 2022, February 15, 2023, February 15, 2024 and February 14, 2025. Includes 198 shares acquired under the Rapid7, Inc. 2015 Employee Stock Purchase Plan on September 15, 2025. Represents shares held by the Thomas Family Holdings LLC ("LLC"). The reporting person is the manager of LLC and has the power to vote and dispose of the shares held by LLC. The reporting person disclaims beneficial ownership of the shares owned by LLC except to the extent of his pecuniary interest therein. Represents shares held by the Corey E. Thomas Irrevocable Trust of 2016, which is administrated by an independent trustee, and is for the benefit of the reporting person's immediate and other family members. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
FAQ
What insider transaction did Rapid7 (RPD) report for its CEO?
Rapid7 reported that CEO and Director Corey E. Thomas had 12,969 shares of common stock withheld on 11/15/2025 to satisfy tax withholding obligations related to vesting restricted stock units.
What is the relationship of Corey E. Thomas to Rapid7 (RPD)?
Corey E. Thomas is reported as both a Director and an Officer (CEO) of Rapid7, Inc. in the Form 4 filing.