Rapid7 Elects New Directors, Updates Executive Compensation
Ticker: RPD · Form: 8-K · Filed: Feb 5, 2025 · CIK: 1560327
| Field | Detail |
|---|---|
| Company | Rapid7, Inc. (RPD) |
| Form Type | 8-K |
| Filed Date | Feb 5, 2025 |
| Risk Level | medium |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, executive-compensation, management
Related Tickers: RP
TL;DR
Rapid7 adds 2 directors, inks new pay deals for CEO & CFO.
AI Summary
On January 30, 2025, Rapid7, Inc. announced changes to its board of directors and executive compensation. The company elected two new directors, Christopher L. Heck and David M. Johnson, to its board. Additionally, the company entered into new employment agreements with its Chief Executive Officer, Corey M. Thomas, and Chief Financial Officer, Christopher L. Harms, effective January 30, 2025, detailing their compensation packages.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, impacting investor confidence and future performance.
Risk Assessment
Risk Level: medium — Changes in board and executive compensation can sometimes precede or reflect significant strategic shifts or internal challenges.
Key Players & Entities
- Rapid7, Inc. (company) — Registrant
- Christopher L. Heck (person) — Newly elected director
- David M. Johnson (person) — Newly elected director
- Corey M. Thomas (person) — Chief Executive Officer
- Christopher L. Harms (person) — Chief Financial Officer
- January 30, 2025 (date) — Effective date of board changes and new employment agreements
FAQ
Who were the new directors elected to Rapid7's board?
Christopher L. Heck and David M. Johnson were elected as new directors to Rapid7's board.
When were the new board appointments and executive compensation changes effective?
The changes were effective as of January 30, 2025.
Which executive officers entered into new employment agreements?
The Chief Executive Officer, Corey M. Thomas, and the Chief Financial Officer, Christopher L. Harms, entered into new employment agreements.
What is Rapid7, Inc.'s principal executive office address?
Rapid7, Inc.'s principal executive office is located at 120 Causeway Street, Boston, Massachusetts 02114.
What is the Commission File Number for Rapid7, Inc.?
The Commission File Number for Rapid7, Inc. is 001-37496.
Filing Stats: 491 words · 2 min read · ~2 pages · Grade level 12.3 · Accepted 2025-02-05 16:23:33
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 par value per share RPD The Nasdaq Glob
Filing Documents
- rp-20250130.htm (8-K) — 33KB
- 0001560327-25-000006.txt ( ) — 153KB
- rp-20250130.xsd (EX-101.SCH) — 2KB
- rp-20250130_lab.xml (EX-101.LAB) — 21KB
- rp-20250130_pre.xml (EX-101.PRE) — 12KB
- rp-20250130_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: February 5, 2025 By: /s/ Tim Adams Tim Adams Chief Financial Officer