Rapid7, Inc. Files Definitive Proxy Statement (DEF 14A)
Ticker: RPD · Form: DEF 14A · Filed: Apr 19, 2024 · CIK: 1560327
| Field | Detail |
|---|---|
| Company | Rapid7, Inc. (RPD) |
| Form Type | DEF 14A |
| Filed Date | Apr 19, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 20 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: DEF 14A, Proxy Statement, Rapid7, Corporate Governance, Shareholder Meeting
TL;DR
<b>Rapid7, Inc. has filed its Definitive Proxy Statement (DEF 14A) for the fiscal year ending December 31, 2024.</b>
AI Summary
Rapid7, Inc. (RPD) filed a Proxy Statement (DEF 14A) with the SEC on April 19, 2024. Filing type: DEF 14A (Definitive Proxy Statement). Reporting period: Fiscal year ending December 31, 2024. Filed as of date: April 19, 2024. Company Name: Rapid7, Inc. Incorporation State: DE.
Why It Matters
For investors and stakeholders tracking Rapid7, Inc., this filing contains several important signals. This filing is a standard regulatory requirement for public companies to provide shareholders with information regarding annual meetings, director elections, and executive compensation. The DEF 14A filing indicates that shareholders will be asked to vote on matters such as director appointments and potentially other corporate governance issues.
Risk Assessment
Risk Level: low — Rapid7, Inc. shows low risk based on this filing. The filing is a routine DEF 14A, which does not contain new financial performance data or strategic shifts, thus posing a low immediate risk.
Analyst Insight
Review the full DEF 14A filing for details on director nominations, executive compensation, and any shareholder proposals to understand potential governance changes.
Key Numbers
- 2024-06-13 — Conformed Period of Report (Fiscal year end for reporting)
- 2024-04-19 — Filed as of Date (Date of filing)
- 1231 — Fiscal Year End (Company's fiscal year end)
Key Players & Entities
- Rapid7, Inc. (company) — Filer name
- DE (other) — State of incorporation
FAQ
When did Rapid7, Inc. file this DEF 14A?
Rapid7, Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 19, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Rapid7, Inc. (RPD).
Where can I read the original DEF 14A filing from Rapid7, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Rapid7, Inc..
What are the key takeaways from Rapid7, Inc.'s DEF 14A?
Rapid7, Inc. filed this DEF 14A on April 19, 2024. Key takeaways: Filing type: DEF 14A (Definitive Proxy Statement). Reporting period: Fiscal year ending December 31, 2024. Filed as of date: April 19, 2024.
Is Rapid7, Inc. a risky investment based on this filing?
Based on this DEF 14A, Rapid7, Inc. presents a relatively low-risk profile. The filing is a routine DEF 14A, which does not contain new financial performance data or strategic shifts, thus posing a low immediate risk.
What should investors do after reading Rapid7, Inc.'s DEF 14A?
Review the full DEF 14A filing for details on director nominations, executive compensation, and any shareholder proposals to understand potential governance changes. The overall sentiment from this filing is neutral.
How does Rapid7, Inc. compare to its industry peers?
Rapid7 operates in the cybersecurity industry, providing solutions for threat detection, vulnerability management, and automation.
Are there regulatory concerns for Rapid7, Inc.?
As a public company, Rapid7 is subject to SEC regulations, including the requirement to file proxy statements (DEF 14A) for shareholder communication and corporate governance.
Industry Context
Rapid7 operates in the cybersecurity industry, providing solutions for threat detection, vulnerability management, and automation.
Regulatory Implications
As a public company, Rapid7 is subject to SEC regulations, including the requirement to file proxy statements (DEF 14A) for shareholder communication and corporate governance.
What Investors Should Do
- Analyze the specific proposals and voting items presented in the DEF 14A.
- Review the compensation details for named executive officers.
- Identify any shareholder proposals and the company's recommendation.
Year-Over-Year Comparison
This is a DEF 14A filing, which is a standard disclosure document and does not represent a change from previous filings of the same type.
Filing Stats: 4,927 words · 20 min read · ~16 pages · Grade level 11.9 · Accepted 2024-04-19 16:12:12
Filing Documents
- rp-20240419.htm (DEF 14A) — 1024KB
- rp-20240419_g1.jpg (GRAPHIC) — 3KB
- rp-20240419_g2.jpg (GRAPHIC) — 2KB
- rp-20240419_g3.jpg (GRAPHIC) — 25KB
- rp-20240419_g4.jpg (GRAPHIC) — 157KB
- rp-20240419_g5.jpg (GRAPHIC) — 490KB
- rp-20240419_g6.jpg (GRAPHIC) — 805KB
- rp-20240419_g7.jpg (GRAPHIC) — 211KB
- 0001560327-24-000044.txt ( ) — 5726KB
- rp-20240419.xsd (EX-101.SCH) — 1KB
- rp-20240419_htm.xml (XML) — 171KB
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 22 EXECUTIVE OFFICERS 25
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 26 COMPENSATION DISCUSSION AND ANALYSIS 26 SUMMARY COMPENSATION TABLE 42 GRANTS OF PLAN-BASED AWARDS 43 OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END 44 OPTION EXERCISES AND STOCK VESTED IN FISCAL 2022 46 EMPLOYMENT ARRANGEMENTS 47 POTENTIAL PAYMENTS UPON TERMINATION OR CHANGE IN CONTROL 48 CEO PAY RATIO 52 PAY VS. PERFORMANCE 53 DIRECTOR COMPENSATION 57 EQUITY COMPENSATION PLAN INFORMATION 60 TRANSACTIONS WITH RELATED PERSONS 61 HOUSEHOLDING OF PROXY MATERIALS 62 OTHER MATTERS 62 APPENDIX A: RECONCILIATION OF NON-GAAP FINANCIAL MEASURES 63 This document includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical or current facts, including, but not limited to, statements regarding our diversity, equity and inclusion efforts, sustainability initiatives and strategy, business plans and focus, made in this document are forward-looking. We use words such as anticipates, believes, expects, future, intends, and similar expressions to identify forward-looking statements. Forward-looking statements reflect management's current expectations and are inherently uncertain. Actual results could differ materially for a variety of reasons. Risks and uncertainties that could cause our actual results to differ significantly from management's expectations are described in our 2023 Annual Report on Form 10-K. RAPID7, INC. 120 Causeway Street Boston, Massachusetts 02114 NOTICE OF ANNUAL MEETING OF STOCKHOLDERS To Be Held On June 13, 2024 To the Stockholders of Rapid7, Inc. : NOTICE IS HEREBY GIVEN that the 2024 Annual Meeting of Stockholders (the "Annual Meeting") of Rapid7, Inc., a Delaware corporation (the "Company") will be held virtually on Thursday, June 13, 2024 at 11:30 a.m., Eastern Time. You may attend the virtual meeting, submit questions and vote your shares electronically during the meeting via