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STOCK TITAN

[Form 4] Rapid7, Inc. Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Thomas Corey E., CEO and Director of Rapid7, Inc. (RPD), reported a transaction on 08/15/2025 where 12,969 shares of common stock were disposed at a price of $21.27 per share. The filing states these shares were withheld by the issuer to satisfy the reporting person’s tax withholding obligations upon the vesting of restricted stock units granted across 2021�2025.

The report shows the reporting person directly beneficially owns 593,337 shares and indirectly holds 218,748 shares through Thomas Family Holdings LLC plus 30,000 shares held by the Corey E. Thomas Irrevocable Trust of 2016. The filing includes standard disclaimers that the reporting person disclaims beneficial ownership of the LLC and trust holdings except to the extent of pecuniary interest.

Thomas Corey E., amministratore delegato e direttore di Rapid7, Inc. (RPD), ha dichiarato una operazione in data 15/08/2025 con la quale sono state alienate 12.969 azioni ordinarie al prezzo di $21,27 ciascuna. Il documento indica che tali azioni sono state trattenute dall'emittente per soddisfare gli obblighi fiscali del dichiarante al momento del vesting delle restricted stock unit assegnate nel periodo 2021�2025.

La comunicazione riporta che il dichiarante possiede direttamente 593.337 azioni e detiene indirettamente 218.748 azioni tramite Thomas Family Holdings LLC, oltre a 30.000 azioni in possesso del Corey E. Thomas Irrevocable Trust of 2016. Il documento contiene le consuete clausole con cui il dichiarante rinuncia a rivendicare la titolarità beneficiaria delle partecipazioni nella LLC e nel trust, salvo l'interesse pecuniario.

Thomas Corey E., CEO y director de Rapid7, Inc. (RPD), informó una transacción el 15/08/2025 en la que se dispusieron 12.969 acciones ordinarias a un precio de $21,27 por acción. La presentación indica que estas acciones fueron retenidas por el emisor para satisfacer las obligaciones fiscales del declarante al producirse el vesting de las unidades restringidas de acciones concedidas entre 2021 y 2025.

El informe muestra que el declarante posee directamente 593.337 acciones y mantiene indirectamente 218.748 acciones a través de Thomas Family Holdings LLC, además de 30.000 acciones en el Corey E. Thomas Irrevocable Trust of 2016. La presentación incluye las cláusulas habituales en las que el declarante renuncia a reclamar la propiedad beneficiaria de las participaciones en la LLC y el trust, salvo por su interés pecuniario.

토마� 코리 E., Rapid7, Inc. (RPD)� 최고경영�(CEO) � 이사� 2025� 8� 15일에 12,969주의 보통주를 처분했으� 주당 가격은 $21.27이라� 보고했습니다. 제출서류� 해당 주식들이 2021년부� 2025� 사이� 부여된 제한주식단위(RSU)� 베스� 시점� 발생� 신고인의 세금 원천징수 의무� 충족하기 위해 발행인이 보류했다� 명시합니�.

보고서에 따르� 신고인은 직접적으� 593,337�� 보유하고 있고 Thomas Family Holdings LLC� 통해 218,748�� 간접 보유하며, 또한 Corey E. Thomas Irrevocable Trust of 2016� 30,000�가 보관되어 있습니다. 제출서류에는 신고인이 LLC와 신탁 보유분의 수익� 소유권을 금전� 이익 범위� 제외하고� 부인한다는 표준 면책조항� 포함되어 있습니다.

Thomas Corey E., directeur général et administrateur de Rapid7, Inc. (RPD), a déclaré une transaction en date du 15/08/2025 au cours de laquelle 12 969 actions ordinaires ont été cédées au prix de 21,27 $ par action. Le dépôt indique que ces actions ont été retenues par l'émetteur pour satisfaire aux obligations fiscales du déclarant lors du vesting des unités d'actions restreintes attribuées entre 2021 et 2025.

Le rapport indique que le déclarant détient directement 593 337 actions et détient indirectement 218 748 actions via Thomas Family Holdings LLC, ainsi que 30 000 actions détenues par le Corey E. Thomas Irrevocable Trust of 2016. Le dépôt comprend les clauses habituelles par lesquelles le déclarant décline la qualité de propriétaire bénéficiaire des participations dans la LLC et le trust, sauf dans la mesure de son intérêt pécuniaire.

Thomas Corey E., CEO und Direktor von Rapid7, Inc. (RPD), meldete eine Transaktion zum 15.08.2025, bei der 12.969 Stammaktien veräußert wurden zum Preis von $21,27 je Aktie. Die Einreichung besagt, dass diese Aktien vom Emittenten einbehalten wurden, um die steuerlichen Abzugsverpflichtungen der meldenden Person beim Vesting der zwischen 2021 und 2025 gewährten Restricted Stock Units zu erfüllen.

Der Bericht weist aus, dass die meldende Person direkt 593.337 Aktien besitzt und indirekt 218.748 Aktien über Thomas Family Holdings LLC hält sowie zusätzlich 30.000 Aktien im Corey E. Thomas Irrevocable Trust of 2016. Die Einreichung enthält die üblichen Haftungsausschlüsse, wonach die meldende Person das wirtschaftliche Eigentum an den Anteilen der LLC und des Trusts außer im Hinblick auf ein pecuniäres Interesse bestreitet.

Positive
  • Significant ongoing insider ownership: 593,337 shares directly beneficially owned by the CEO, supporting alignment with shareholders
  • Routine administrative transaction: 12,969 shares were withheld to satisfy tax withholding on vested RSUs, consistent with standard compensation mechanics
Negative
  • Outstanding disposition: 12,969 shares were disposed at $21.27, reducing the reporting person’s direct share count
  • Indirect holdings disclaimers: Reporting person disclaims beneficial ownership of 218,748 LLC shares and 30,000 trust shares, limiting clear claim of control over those shares

Insights

TL;DR: Routine tax-withholding sale on RSU vesting by CEO; substantial direct and indirect holdings remain.

The Form 4 documents a common and non-dispositive transaction: shares were withheld to satisfy tax obligations arising from restricted stock unit vesting across multiple grant years. Such withholding is an administrative disposition rather than an open-market sale intended to change control or strategy. The report also confirms the CEO retains significant economic exposure with 593,337 direct shares plus 248,748 indirect shares via family entities and a trust, which implies continued alignment with shareholders. Disclaimers on LLC and trust ownership are standard and limit personal beneficial claims.

TL;DR: Transaction reflects RSU tax settlement; no material change to ownership concentration or control.

The disposition of 12,969 shares at $21.27 appears solely to satisfy tax withholding for vested RSUs, as stated. Post-transaction holdings reported are 593,337 direct shares, 218,748 shares held by Thomas Family Holdings LLC, and 30,000 shares in an irrevocable trust. These totals indicate sustained insider ownership at meaningful levels relative to typical insider positions, suggesting limited near-term dilution or change in insider incentive alignment. No derivative transactions or additional dispositions are reported.

Thomas Corey E., amministratore delegato e direttore di Rapid7, Inc. (RPD), ha dichiarato una operazione in data 15/08/2025 con la quale sono state alienate 12.969 azioni ordinarie al prezzo di $21,27 ciascuna. Il documento indica che tali azioni sono state trattenute dall'emittente per soddisfare gli obblighi fiscali del dichiarante al momento del vesting delle restricted stock unit assegnate nel periodo 2021�2025.

La comunicazione riporta che il dichiarante possiede direttamente 593.337 azioni e detiene indirettamente 218.748 azioni tramite Thomas Family Holdings LLC, oltre a 30.000 azioni in possesso del Corey E. Thomas Irrevocable Trust of 2016. Il documento contiene le consuete clausole con cui il dichiarante rinuncia a rivendicare la titolarità beneficiaria delle partecipazioni nella LLC e nel trust, salvo l'interesse pecuniario.

Thomas Corey E., CEO y director de Rapid7, Inc. (RPD), informó una transacción el 15/08/2025 en la que se dispusieron 12.969 acciones ordinarias a un precio de $21,27 por acción. La presentación indica que estas acciones fueron retenidas por el emisor para satisfacer las obligaciones fiscales del declarante al producirse el vesting de las unidades restringidas de acciones concedidas entre 2021 y 2025.

El informe muestra que el declarante posee directamente 593.337 acciones y mantiene indirectamente 218.748 acciones a través de Thomas Family Holdings LLC, además de 30.000 acciones en el Corey E. Thomas Irrevocable Trust of 2016. La presentación incluye las cláusulas habituales en las que el declarante renuncia a reclamar la propiedad beneficiaria de las participaciones en la LLC y el trust, salvo por su interés pecuniario.

토마� 코리 E., Rapid7, Inc. (RPD)� 최고경영�(CEO) � 이사� 2025� 8� 15일에 12,969주의 보통주를 처분했으� 주당 가격은 $21.27이라� 보고했습니다. 제출서류� 해당 주식들이 2021년부� 2025� 사이� 부여된 제한주식단위(RSU)� 베스� 시점� 발생� 신고인의 세금 원천징수 의무� 충족하기 위해 발행인이 보류했다� 명시합니�.

보고서에 따르� 신고인은 직접적으� 593,337�� 보유하고 있고 Thomas Family Holdings LLC� 통해 218,748�� 간접 보유하며, 또한 Corey E. Thomas Irrevocable Trust of 2016� 30,000�가 보관되어 있습니다. 제출서류에는 신고인이 LLC와 신탁 보유분의 수익� 소유권을 금전� 이익 범위� 제외하고� 부인한다는 표준 면책조항� 포함되어 있습니다.

Thomas Corey E., directeur général et administrateur de Rapid7, Inc. (RPD), a déclaré une transaction en date du 15/08/2025 au cours de laquelle 12 969 actions ordinaires ont été cédées au prix de 21,27 $ par action. Le dépôt indique que ces actions ont été retenues par l'émetteur pour satisfaire aux obligations fiscales du déclarant lors du vesting des unités d'actions restreintes attribuées entre 2021 et 2025.

Le rapport indique que le déclarant détient directement 593 337 actions et détient indirectement 218 748 actions via Thomas Family Holdings LLC, ainsi que 30 000 actions détenues par le Corey E. Thomas Irrevocable Trust of 2016. Le dépôt comprend les clauses habituelles par lesquelles le déclarant décline la qualité de propriétaire bénéficiaire des participations dans la LLC et le trust, sauf dans la mesure de son intérêt pécuniaire.

Thomas Corey E., CEO und Direktor von Rapid7, Inc. (RPD), meldete eine Transaktion zum 15.08.2025, bei der 12.969 Stammaktien veräußert wurden zum Preis von $21,27 je Aktie. Die Einreichung besagt, dass diese Aktien vom Emittenten einbehalten wurden, um die steuerlichen Abzugsverpflichtungen der meldenden Person beim Vesting der zwischen 2021 und 2025 gewährten Restricted Stock Units zu erfüllen.

Der Bericht weist aus, dass die meldende Person direkt 593.337 Aktien besitzt und indirekt 218.748 Aktien über Thomas Family Holdings LLC hält sowie zusätzlich 30.000 Aktien im Corey E. Thomas Irrevocable Trust of 2016. Die Einreichung enthält die üblichen Haftungsausschlüsse, wonach die meldende Person das wirtschaftliche Eigentum an den Anteilen der LLC und des Trusts außer im Hinblick auf ein pecuniäres Interesse bestreitet.

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)
08/15/2025
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 08/15/2025 F(1) 12,969 D $21.27 593,337 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. Represents shares withheld by the Issuer to satisfy the Reporting Person's tax withholding obligation upon the vesting of restricted stock units previously granted to the Reporting Person on February 2, 2021, February 15, 2022, February 15, 2023, February 15, 2024 and February 14, 2025.
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 08/19/2025
** 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 did Rapid7 (RPD) CEO Corey Thomas report on Form 4?

He reported that 12,969 shares were disposed on 08/15/2025 at $21.27 per share, withheld to satisfy tax obligations from RSU vesting.

How many Rapid7 shares does the reporting person own after the transaction?

Directly owns 593,337 shares following the reported transaction; additionally 218,748 shares are held by Thomas Family Holdings LLC and 30,000 by an irrevocable trust.

Was the 08/15/2025 transaction a market sale or tax withholding?

The filing states the 12,969-share disposition represents shares withheld by the issuer to satisfy the reporting person’s tax withholding obligation upon RSU vesting.

Does the reporting person claim beneficial ownership of the LLC and trust shares?

No. The report includes disclaimers that the reporting person disclaims beneficial ownership of the LLC and trust shares except to the extent of pecuniary interest.

Were any derivative securities reported on this Form 4?

No derivative securities (options, warrants, or convertible instruments) are reported in Table II of this Form 4.
Rapid7

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Software - Infrastructure
Services-prepackaged Software
United States
BOSTON