UBS Group AG Reports Zero Shares of Rapid7 in Latest Schedule 13G

Rhea-AI Filing Summary

UBS Group AG has fully exited its ownership position in Rapid7 (RPD), according to Amendment No. 2 to Schedule 13G for the event date 30 June 2025. The Swiss-based bank now reports 0 shares and 0% beneficial ownership of Rapid7 common stock, with no sole or shared voting or dispositive power. Because UBS and its subsidiaries UBS Financial Services Inc. and UBS Securities LLC now hold 5 percent or less of the class, they are no longer deemed a significant holder under SEC Rule 13d-1. The certification notes the securities were held in the ordinary course of business and not for the purpose of influencing control. While no prior stake size is disclosed in this filing, the complete divestiture could signal diminished institutional support; however, the document contains no commentary on Rapid7’s fundamentals or on UBS’s rationale.

Positive

• None.

Negative

• UBS Group AG reduced its stake in Rapid7 to 0%, signaling a complete institutional exit that could weigh on investor sentiment and perceived support.

Insights

Securities Analyst

TL;DR: UBS reports 0% in RPD—large holder exit may pressure perception but is not outcome-changing alone.

UBS Group AG’s move from a formerly reportable stake to zero ownership removes a visible institutional holder from Rapid7’s register. Although 13G filings are passive, the absence of UBS could marginally reduce liquidity support and signal portfolio rebalancing away from cybersecurity names. No sale price or timing details are provided, limiting insight into valuation views. Overall impact is slightly negative for sentiment but immaterial to operations.

Portfolio Manager

TL;DR: Complete divestiture by UBS is a modest negative signal; trading supply already absorbed.

The filing confirms UBS and its U.S. broker-dealer units now own 0 shares. Any sale likely occurred prior to 30 June 2025, so market has probably digested the volume. Still, losing a multinational bank as a holder can affect perception among other institutions considering or maintaining positions. With no voting power, UBS will no longer weigh on proxy matters, slightly altering Rapid7’s governance landscape.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Rapid7, Inc.

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

753422104

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 753422104

1

Names of Reporting Persons

UBS Group AG

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

SWITZERLAND

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0.0 %

12

Type of Reporting Person (See Instructions)

BK

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Rapid7, Inc.
(b)	Address of issuer's principal executive offices: 120 CAUSEWAY STREET, 120 CAUSEWAY STREET, BOSTON, MASSACHUSETTS, 02114.
Item 2.
(a)	Name of person filing: UBS Group AG
(b)	Address or principal business office or, if none, residence: Bahnhofstrasse 45 PO Box CH-8021, Zurich, Switzerland
(c)	Citizenship: Switzerland
(d)	Title of class of securities: Common Stock, par value $0.01 per share
(e)	CUSIP No.: 753422104
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 0
(b)	Percent of class: 0%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 0
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 0
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. This statement on Schedule 13G is being filed by UBS Group AG on behalf of itself and its wholly owned subsidiaries UBS Financial Services Inc. and UBS Securities LLC.
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

UBS Group AG

Signature:	/s/ Andrew Johnson
Name/Title:	Director
Date:	07/29/2025

FAQ

Why did UBS Group AG file an amended Schedule 13G for Rapid7 (RPD)?

Because its beneficial ownership fell to 0 shares (0%), requiring disclosure that it now owns 5% or less of the class.

How many Rapid7 shares does UBS Group AG now own?

UBS reports 0 shares with no voting or dispositive power.

Does the filing indicate UBS intends to influence Rapid7’s control?

No. UBS certifies the securities were held in the ordinary course and not to influence control.

Which UBS subsidiaries were included in the filing?

UBS Financial Services Inc. and UBS Securities LLC were listed as wholly owned subsidiaries under UBS Group AG.

What is the event date for this Schedule 13G/A amendment?

The event triggering the filing is dated June 30, 2025.