Brown Marc Evan 4
Research Summary
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Rapid7 (RPD) Director Marc Evan Brown Receives Award of 15,208 RSUs
What Happened Marc Evan Brown, a director of Rapid7, Inc. (RPD), was granted 15,208 restricted stock units (RSUs) on 2026-06-09. The filing reports the acquisition price as $0.00 (an award/grant). Each RSU represents a contingent right to one share of common stock upon vesting.
Key Details
- Transaction type: Award/Grant (Code A) of 15,208 RSUs on 2026-06-09; reported price $0.00.
- Footnote details: F1 — each RSU equals a contingent right to one common share; F2 — the RSUs vest in full on the earlier of (i) the issuer’s next annual meeting after the grant or (ii) the first anniversary of the grant date, subject to continued service.
- Shares owned after transaction: Not disclosed in the provided filing.
- Filing timeliness: Report filed 2026-06-10 for a 2026-06-09 transaction (appears timely).
- Additional: Exhibit 24 (Power of Attorney) noted in remarks.
Context This grant is a compensation-related equity award (not an open-market purchase or sale). Such RSU awards to directors are common and typically vest subject to continued service; they do not by themselves signal buying or selling sentiment. Upon vesting, each RSU will convert into one share according to the grant terms.
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