RPD Insider Tax Withholding: 570 Shares Withheld After RSU Vesting

Rhea-AI Filing Summary

Rapid7 Chief Accounting Officer Scott M. Murphy reported a transaction on 08/15/2025 in which 570 shares of Rapid7 common stock were disposed at a price of $21.27 per share. The filing explains these shares were withheld by the issuer to satisfy tax withholding upon the vesting of restricted stock units originally granted on February 14, 2025. Following the withholding, the reporting person beneficially owns 34,423 shares, held directly. The Form 4 was signed on behalf of the reporting person by an attorney-in-fact on 08/19/2025.

Insights

Financial Analyst

TL;DR: Routine tax-withholding sale of vested RSUs; immaterial to company financials and likely neutral for investors.

The Form 4 documents a common administrative disposition where 570 shares were withheld to cover tax obligations from RSU vesting at an effective price of $21.27 on 08/15/2025. This transaction reduces the reporting person's direct share count to 34,423. There is no indication of market-driven sale intent, additional derivative activity, or a change in ownership control. For valuation or liquidity analysis, this event is routine and does not alter outstanding share counts materially at the company level.

Corporate Governance Expert

TL;DR: Administrative withholding following RSU vesting; standard insider disclosure complying with Section 16 rules.

The filing states the disposition resulted from tax withholding on RSUs granted 02/14/2025 and was reported by the officer via Form 4 with an attorney-in-fact signature on 08/19/2025. The disclosure identifies the reporting person as Chief Accounting Officer and confirms direct ownership of 34,423 shares after the transaction. This is a routine compliance disclosure with no governance implications or changes to board or executive status reflected in the form.

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	570	$21.27	$12K

Holdings After Transaction: COMMON STOCK — 34,423 shares (Direct)

Footnotes (1)

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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^*

Murphy Scott M

(Last) (First) (Middle)

C/O RAPID7, INC.

120 CAUSEWAY STREET

(Street)

BOSTON MA 02114

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Rapid7, Inc. [ RPD ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Accounting Officer

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	08/15/2025		F(1)		570	D	$21.27	34,423	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. Represents shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units granted to the Reporting Person on February 14, 2025.

Remarks:

	/s/ Peter Kaes, Attorney-in-Fact	08/19/2025
	** 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.

FAQ

What did Rapid7 insider Scott M. Murphy report on Form 4?

The Form 4 reports that 570 shares of Rapid7 common stock were disposed on 08/15/2025, with the filing explaining the shares were withheld to satisfy taxes on vested RSUs.

At what price were the shares disposed in the Form 4 for RPD?

The reported price for the disposed shares is $21.27 per share.

How many Rapid7 shares does the reporting person own after the transaction?

Following the transaction the reporting person beneficially owns 34,423 shares held directly.

Why were the 570 shares disposed according to the filing?

The filing explains the 570 shares were withheld by the issuer to satisfy the reporting person’s tax withholding obligation upon RSU vesting granted on 02/14/2025.

When was the Form 4 signed and who signed it?

The Form 4 is signed by Peter Kaes, Attorney-in-Fact on 08/19/2025 on behalf of the reporting person.