Murphy Scott M 4
Research Summary
AI-generated summary
Rapid7 (RPD) CAO Scott M. Murphy Sells 764 Shares
What Happened
- Scott M. Murphy, Chief Accounting Officer of Rapid7, sold 764 shares of RPD stock in an open-market transaction on January 22, 2026. The shares were disposed at $12.70 each for a total transaction value of $9,703. This was a sale (routine disposition), not a purchase.
Key Details
- Transaction date and price: 2026-01-22 — 764 shares at $12.70 per share.
- Total proceeds: $9,703 (gross).
- Filing date: Form 4 filed on 2026-01-23 (appears timely based on the one-day gap).
- Shares owned after transaction: Not disclosed in the information provided.
- Footnotes/plans: The filing provided does not indicate a 10b5-1 trading plan, tax withholding, or other special footnotes.
Context
- Sales by officers are common and can be routine (e.g., portfolio rebalancing or liquidity needs); they do not by themselves indicate a change in company prospects. The trade size here is modest ($9.7k), which is small relative to typical insider transactions.