Kalowski Jeffrey 4

What Happened Jeffrey Kalowski, a director of Rapid7, was granted 57,390 restricted stock units (RSUs) on June 9, 2026. The grant is reported as an award/acquisition (transaction code A) with a grant-date acquisition price of $0 (no cash paid by the reporting person). Each RSU represents a contingent right to receive one share of Rapid7 common stock upon vesting. The award was made as an initial, one-time grant in connection with his appointment to the Board.

Key Details

• Transaction date: 2026-06-09; Filing date: 2026-06-10 (timely filing).
• Instrument: 57,390 restricted stock units (RSUs); acquisition price reported $0.
• Vesting: RSUs vest in three substantially equal annual installments beginning June 9, 2027, subject to continued service.
• Shares owned after transaction: not disclosed in the filing.
• Footnotes: grant made under the 2015 Equity Incentive Plan as an initial board appointment award; units convert 1:1 to common shares at vesting.
• Transaction code: A = Award/Grant. No 10b5-1 plan, tax-withholding sale, or late filing indicated.

Context RSU grants to new directors are common compensation practice and are not an immediate purchase of stock — they only convert into shares if and when they vest. Because this is a compensatory award tied to service, it should be viewed as board compensation rather than a direct market vote by the insider. For retail investors, outright purchases or sales by insiders are often more informative about sentiment than routine grant awards.