Rapid7 8-K: Executive/Director Changes Reported Jan 7, 2024
Ticker: RPD · Form: 8-K · Filed: Jan 9, 2024 · CIK: 1560327
| Field | Detail |
|---|---|
| Company | Rapid7, Inc. (RPD) |
| Form Type | 8-K |
| Filed Date | Jan 9, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $370,000, $75,000, $800,000 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: executive-changes, compensation, corporate-governance
TL;DR
**Rapid7 just filed an 8-K about executive changes, keep an eye on leadership shifts.**
AI Summary
Rapid7, Inc. filed an 8-K on January 9, 2024, reporting an event that occurred on January 7, 2024, related to changes in its executive team or director compensation. This filing indicates potential shifts in leadership or how key personnel are compensated, which could impact the company's strategic direction and financial performance. Investors should pay attention to the specific details of these changes, as they can signal confidence in the company's future or potential instability, directly affecting the stock's perceived value.
Why It Matters
Changes in executive leadership or compensation structures can significantly influence a company's operational strategy and investor confidence, potentially impacting stock performance.
Risk Assessment
Risk Level: medium — The filing indicates changes in leadership or compensation, which can introduce uncertainty or signal strategic shifts, warranting investor attention.
Analyst Insight
Investors should monitor subsequent filings or company announcements for specific details regarding the personnel changes or compensation arrangements mentioned, as these specifics will determine the actual impact on Rapid7's future performance and stock value.
Key Players & Entities
- Rapid7, Inc. (company) — the registrant filing the 8-K
- January 7, 2024 (date) — date of the earliest event reported
- January 9, 2024 (date) — date the 8-K was filed
- 001-37496 (other) — Commission File Number
- RPD (other) — Trading symbol for Common Stock
- The Nasdaq Global Market (other) — exchange where Common Stock is registered
FAQ
What was the specific item reported in this 8-K filing by Rapid7, Inc.?
The 8-K filing, dated January 9, 2024, reported 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' as the item information.
When did the earliest event reported in this 8-K filing occur?
The earliest event reported in this 8-K filing occurred on January 7, 2024, as stated in the 'Date of Report (Date of earliest event reported)' section.
What is Rapid7, Inc.'s trading symbol and on which exchange is its common stock registered?
Rapid7, Inc.'s trading symbol is RPD, and its Common Stock, $0.01 par value per share, is registered on The Nasdaq Global Market.
What is the business address of Rapid7, Inc. as listed in the filing?
The business address of Rapid7, Inc. is 120 Causeway Street, Boston, Massachusetts 02114, with a telephone number of (617) 247-1717.
Is Rapid7, Inc. considered an emerging growth company according to this filing?
The filing indicates that Rapid7, Inc. is NOT an emerging growth company, as the appropriate box for 'emerging growth company' is not checked.
Filing Stats: 1,217 words · 5 min read · ~4 pages · Grade level 11.7 · Accepted 2024-01-09 17:00:17
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value per share RPD The Nasdaq Glob
- $370,000 — y will receive an annual base salary of $370,000 and be eligible to earn an annual bonus
- $75,000 — eceive a one-time cash sign-on bonus of $75,000, less applicable withholdings or taxes,
- $800,000 — unit award with an approximate value of $800,000, with the underlying number of shares o
Filing Documents
- rp-20240107.htm (8-K) — 41KB
- 0001560327-24-000005.txt ( ) — 165KB
- rp-20240107.xsd (EX-101.SCH) — 2KB
- rp-20240107_lab.xml (EX-101.LAB) — 24KB
- rp-20240107_pre.xml (EX-101.PRE) — 12KB
- rp-20240107_htm.xml (XML) — 3KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Rapid7, Inc. Dated: January 9, 2024 By: /s/ Tim Adams Tim Adams Chief Financial Officer