[Form 4] Rapid7, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Rapid7, Inc. (RPD) CEO and director Corey E. Thomas reported an open-market purchase of common stock. On 11/24/2025, he bought 14,500 shares of Rapid7 common stock at a weighted average price of $13.82 per share, with individual trades occurring between $13.78 and $13.82.

After this transaction, Thomas directly owns 595,066 shares of Rapid7 common stock. In addition, 218,748 shares are held through Thomas Family Holdings LLC, where he serves as manager, and 30,000 shares are held by the Corey E. Thomas Irrevocable Trust of 2016. He disclaims beneficial ownership of the LLC and trust shares except to the extent of any pecuniary interest.

Insights

Equity Compensation and Governance Analyst

CEO made an open-market share purchase, modestly increasing direct ownership with standard family-entity disclosures.

The filing shows the CEO and director of Rapid7, Inc. purchasing 14,500 shares of common stock on 11/24/2025 at a weighted average price of about $13.82. This is an open-market purchase (code "P"), which increases his directly held stake to 595,066 shares. The trade is not tied to any derivative security or equity award; Table II has no entries, so this event relates purely to common stock.

In addition to the directly held shares, there are indirect holdings through Thomas Family Holdings LLC with 218,748 shares and a family trust with 30,000 shares. The filing clarifies that he has voting and dispositive power over the LLC shares but disclaims beneficial ownership beyond his economic interest, and also disclaims beneficial ownership of the trust’s shares. These standard disclaimers help separate his personal economic exposure from family and estate-planning vehicles.

The key item to watch from this disclosure is the CEO’s higher direct position after the 11/24/2025 purchase, as that is the clearest measure of his personal stock exposure. The weighted-average pricing range of $13.78 to $13.82 and the stated willingness to provide detailed trade breakdowns on request also indicate routine compliance with reporting norms. Future Forms 4 will show whether this is a one-time increase or part of a pattern of ongoing open-market buying.

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^*

Thomas Corey E.

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
11/24/2025

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	11/24/2025		P		14,500	A	$13.82(1)	595,066	D
COMMON STOCK								218,748	I	By Thomas Family Holdings LLC(2)
COMMON STOCK								30,000	I	By Trust(3)

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. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $13.78 to $13.82, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

2. 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.

3. 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.

Remarks:

	/s/ Peter Kaes, Attorney-in-Fact	11/24/2025
	** 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 insider transaction did Rapid7 (RPD) report in this Form 4?

The Form 4 reports that CEO and director Corey E. Thomas purchased 14,500 shares of Rapid7 common stock in an open-market transaction on 11/24/2025.

At what price did the Rapid7 (RPD) CEO buy shares?

Corey E. Thomas bought the shares at a weighted average price of $13.82 per share, with actual trade prices ranging from $13.78 to $13.82.

How many Rapid7 (RPD) shares does Corey E. Thomas own directly after this trade?

Following the reported transaction, Corey E. Thomas directly owns 595,066 shares of Rapid7 common stock.

What indirect Rapid7 (RPD) holdings are associated with Corey E. Thomas?

There are 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 except for any pecuniary interest.

Was the Rapid7 (RPD) CEO’s trade part of multiple transactions?

Yes. The filing states the $13.82 price is a weighted average and that the 14,500 shares were purchased in multiple trades between $13.78 and $13.82.

What roles does Corey E. Thomas hold at Rapid7 (RPD)?

Corey E. Thomas is reported as both a Director and an Officer, serving as CEO of Rapid7, Inc.