Corey E. Thomas - 02 Jan 2025 Form 4 Insider Report for Rapid7, Inc. (RPD)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
06 Jan 2025, 16:33:41 UTC
Prior SEC filing
04 Dec 2024
Next SEC filing
23 Jan 2025
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Raisa Litmanovich, Attorney-in-Fact

Key filing fact

Corey E. Thomas filed Form 4 for Rapid7, Inc. (RPD) on 06 Jan 2025.

Key facts

  • This page summarizes Corey E. Thomas's Form 4 filing for Rapid7, Inc. (RPD).
  • 4 reported transactions and 1 derivative row are listed below.
  • Accepted by SEC: 06 Jan 2025, 16:33.

Change

  • Previous filing in this sequence was filed on 04 Dec 2024.
  • Current net transaction value: -$1,508,076.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RPD transaction

COMMON STOCK

Options Exercise

Transaction value
$488,500
Shares
+50,000
Change %
+12%
Price
$9.77
Shares after
481,469
Date
02 Jan 2025
Ownership
Direct
RPD transaction

COMMON STOCK

Sale

Transaction value
$1,416,604
Shares
-35,773
Change %
-7.4%
Price
$39.60
Shares after
445,696
Date
02 Jan 2025
Ownership
Direct
Footnotes
F1
RPD transaction

COMMON STOCK

Sale

Transaction value
$579,972
Shares
-14,227
Change %
-3.2%
Price
$40.77
Shares after
431,469
Date
02 Jan 2025
Ownership
Direct
Footnotes
F2
RPD holding

COMMON STOCK

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
218,748
Date
02 Jan 2025
Ownership
By Thomas Family Holdings LLC
Footnotes
F3
RPD holding

COMMON STOCK

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
30,000
Date
02 Jan 2025
Ownership
By Trust
Footnotes
F4

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RPD transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value
$0
Shares
-50,000
Change %
-33%
Price
$0.000000
Shares after
100,000
Date
02 Jan 2025
Ownership
Direct
Underlying class
COMMON STOCK
Underlying amount
50,000
Exercise price
$9.77
Footnotes
F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 5 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $39.32 to $40.31, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Footnote F2

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $40.32 to $41.29, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Footnote F3

Represents shares held by the Thomas Family Holdings LLC ("LLC"). The reporting person is the manager of LLC and has the power to vote and dispose of the shares held by LLC. The reporting person disclaims beneficial ownership of the shares owned by LLC except to the extent of his pecuniary interest therein.

Footnote F4

Represents shares held by the Corey E. Thomas Irrevocable Trust of 2016, which is administrated by an independent trustee, and is for the benefit of the reporting person's immediate and other family members. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.

Footnote F5

Immediately exercisable.

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