Rapid7 (RPD) CAO reports 406 shares withheld to cover taxes
Rhea-AI Filing Summary
Rapid7, Inc.'s Chief Accounting Officer, Murphy Scott, reported a routine tax-related share withholding. On 01/15/2026, 406 shares of Rapid7 common stock were withheld by the company at $13.30 per share to cover his tax obligations arising from the vesting of restricted stock units granted on March 4, 2024. After this withholding, he beneficially owns 24,076 shares of Rapid7 common stock directly.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Rapid7 (RPD) report for Murphy Scott?
Rapid7 reported that Chief Accounting Officer Murphy Scott had 406 shares of common stock withheld on 01/15/2026 to cover tax obligations from a restricted stock unit vesting.
How many Rapid7 shares were involved in the January 15, 2026 transaction?
The transaction involved 406 shares of Rapid7 common stock, which were withheld by the company to satisfy the officer's tax withholding obligation.
At what price were the Rapid7 shares withheld for the tax obligation?
The 406 shares of Rapid7 common stock were valued at $13.30 per share for purposes of the tax withholding transaction.
How many Rapid7 shares does Murphy Scott own after this Form 4 transaction?
Following the reported withholding, Chief Accounting Officer Murphy Scott beneficially owns 24,076 shares of Rapid7 common stock directly.
Was the Rapid7 insider transaction a sale on the open market?
No. The filing explains that the 406 shares represent shares withheld by Rapid7 to satisfy Murphy Scott's tax withholding obligation upon the vesting of previously granted restricted stock units.
What is the source of the shares involved in this Rapid7 Form 4 filing?
The shares relate to restricted stock units that were granted to Murphy Scott on March 4, 2024 and later vested, triggering the tax withholding reported in this Form 4.