Nye Benjamin 4

What Happened Benjamin Nye, a director of Rapid7, was granted 15,208 restricted stock units (RSUs) on June 9, 2026. The filing reports an acquisition at $0.00 per unit (total reported acquisition value $0), reflecting a compensatory equity award rather than a cash purchase. Such grants are routine compensation and do not represent an open-market buy signal.

Key Details

• Transaction date: 2026-06-09; Form 4 filed 2026-06-10 (next-day filing).
• Award: 15,208 RSUs acquired at $0.00 per unit (reported value $0).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes:
  • F1 — Each RSU represents a contingent right to receive one share of Rapid7 common stock.
  • F2 — Vesting: the RSUs vest in full on the earlier of (i) the issuer’s next annual meeting of stockholders after the grant date or (ii) the first anniversary of the grant date, in each case subject to continued service through the applicable vesting date.
• Remarks: Exhibit 24 — Power of Attorney included.

Context RSU grants are a form of compensation that convert into shares upon vesting; they do not involve immediate cash outlay or an open-market trade. Because vesting is service-based and may not be immediate, this award should be viewed as routine director compensation rather than a direct signal about the director's personal trading intentions.