Murphy Scott M 4

What Happened
Scott M. Murphy, Chief Accounting Officer of Rapid7, reported an open-market sale of 1,267 shares on February 23, 2026. The shares were sold at $6.51 each, generating roughly $8,248 in proceeds. This was a straightforward sale (transaction code S), not a purchase or option exercise.

Key Details

• Transaction date: 2026-02-23; sale price: $6.51 per share; total proceeds ≈ $8,248.
• Transaction type: Open-market sale (Disposition, code S).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• No footnotes or special plan references (e.g., no 10b5-1 plan or tax-withholding details) were provided.
• Filing date: 2026-02-24 (filed the next day); this timing appears timely and not late.

Context
Sales by officers are common and may reflect routine portfolio management rather than a view on company prospects; purchases generally carry more weight as potential bullish signals. There’s no indication this sale involved option exercises, gifts, or other derivative activity.