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Rapid7 (RPD) CAO sees 344 shares withheld for RSU tax obligations

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Rapid7, Inc. Chief Accounting Officer Scott M. Murphy had 344 shares of common stock withheld by the company to cover taxes on vesting restricted stock units. The shares were valued at $5.76 per share for this tax-withholding disposition. After this routine compensation-related event, Murphy directly holds 21,028 shares of Rapid7 common stock. This was not an open-market purchase or sale, but an automatic withholding tied to equity compensation.

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Insider Murphy Scott M
Role Chief Accounting Officer
Type Security Shares Price Value
Tax Withholding COMMON STOCK 344 $5.76 $2K
Holdings After Transaction: COMMON STOCK — 21,028 shares (Direct)
Footnotes (1)
  1. [object Object]
Shares withheld for taxes 344 shares Tax-withholding disposition on common stock
Withholding price $5.76 per share Value used for tax-withholding shares
Shares held after transaction 21,028 shares Direct Rapid7 common stock holdings after withholding
Tax-withholding transactions 1 transaction, 344 shares Summary of F-code tax-withholding activity
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
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.
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.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Chief Accounting Officer financial
""officer_title": "Chief Accounting Officer""
A chief accounting officer is a senior executive responsible for overseeing a company's financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company's financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company's financial information.
common stock financial
""security_title": "COMMON STOCK""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
SEC Form 4
FORM 4UNITED 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 MASSACHUSETTS 02114

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Rapid7, Inc. [ RPD ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Accounting Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
COMMON STOCK04/15/2026F(1)344D$5.7621,028D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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 March 4, 2024.
Remarks:
/s/ Peter Kaes, Attorney-in-Fact04/16/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Rapid7 (RPD) insider Scott M. Murphy report in this Form 4?

Scott M. Murphy reported that 344 Rapid7 shares were withheld to pay taxes on vesting restricted stock units. This was an automatic tax-withholding disposition, not an open-market trade, and it reduced his directly held shares only slightly.

Was the Rapid7 (RPD) Form 4 a buy or sell transaction by the insider?

The Form 4 shows a tax-withholding disposition, not a buy or open-market sale. Shares were withheld by Rapid7 to satisfy Murphy’s tax obligations when his restricted stock units vested, a common non‑discretionary feature of equity compensation plans.

How many Rapid7 (RPD) shares were involved in Scott M. Murphy’s tax withholding?

A total of 344 Rapid7 common shares were withheld to cover Murphy’s tax liability. The withholding price reported was $5.76 per share, reflecting the value used to calculate the tax obligation associated with the vesting restricted stock units.

How many Rapid7 (RPD) shares does Scott M. Murphy hold after this Form 4 transaction?

After the tax-withholding event, Murphy directly holds 21,028 Rapid7 common shares. This figure, reported in the Form 4, shows his remaining direct equity position following the automatic reduction to satisfy withholding taxes on vested restricted stock units.

What triggered the tax-withholding disposition reported for Rapid7 (RPD) insider Scott M. Murphy?

The disposition was triggered by the vesting of restricted stock units granted on March 4, 2024. When those RSUs vested, Rapid7 withheld 344 shares from Murphy to satisfy his tax withholding obligation, as explained in the filing’s footnote disclosure.

Does the Rapid7 (RPD) Form 4 suggest a change in insider sentiment?

This Form 4 reflects a routine tax-withholding mechanism tied to equity vesting, not a discretionary sale. Because the shares were withheld automatically to cover taxes, it offers limited insight into Murphy’s personal outlook on Rapid7’s future performance or valuation.