Rapid7 (RPD) Executive Chairman Corey E. Thomas Sells 7,726 Shares

What Happened
Corey E. Thomas, Executive Chairman and Director of Rapid7 (RPD), had 7,726 shares withheld by the company to satisfy tax withholding when restricted stock units (RSUs) vested. The withholding was recorded at $13.00 per share, a total value of $100,438. This was a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-08-15; reported on Form 4 filed 2026-08-17 (timely filing).
• Price per share: $13.00; shares withheld/disposed: 7,726; total value: $100,438.
• Transaction code: F — payment of exercise price or tax liability (here: tax withholding on RSU vesting).
• Footnote F1: Shares withheld to satisfy tax obligations for RSUs granted Feb 15, 2024 and Feb 14, 2025.
• Footnotes F2–F3: Notes regarding shares held by Thomas Family Holdings LLC and the Corey E. Thomas Irrevocable Trust (manager/disclaimer language); these describe other holdings and disclaimers of beneficial ownership.
• Shares owned after the transaction: not stated in the provided excerpt—see the full Form 4 for total holdings.

Context
This was a routine tax-withholding transaction tied to RSU vesting (a cashless-like withholding), not an open-market sale that signals active divestment. Such withholdings are common when equity awards vest and do not necessarily indicate the insider’s market view.