Corey Thomas increases Rapid7 stake with 14,500-share purchase
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.
Positive
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Negative
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Insights
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
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
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | COMMON STOCK | 14,500 | $13.82 | $200K |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
Footnotes (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. 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.
