BURNS MIKE 4

What Happened

• Mike Burns, a director of Rapid7, received an award of 15,208 restricted stock units (RSUs) on June 9, 2026. The reported acquisition price is $0 (this is a grant, not an open-market purchase or sale). RSUs are a contingent right to receive one share of Rapid7 common stock upon vesting.

Key Details

• Transaction date: 2026-06-09; Filing date: 2026-06-10 (timely).
• Transaction code: A (award/grant). Reported acquisition price: $0.
• Grant size: 15,208 RSUs. Each RSU converts to one share upon vesting (Footnote F1).
• Vesting: Vests in full on the earlier of the issuer's next annual meeting or the first anniversary of the grant, subject to continued service (Footnote F2).
• Ownership notes: Footnote F3 references shares held by Burns as Trustee of The Burns Living Trust. Exhibit 24 (Power of Attorney) is attached.
• Shares owned after the transaction are not specified in the filing.

Context

• This is a compensation award (not a purchase or sale). RSU grants are common for directors and typically vest over time or on specified events; they may create taxable income when they vest and shares are delivered. This filing does not indicate immediate sale or exercise of options.