Filing Analysis
Rapid7, Inc. filed an 8-K to announce its financial results for the fiscal quarter ended September 30, 2024. The filing serves as a formal notice that earnings data has been released via press release.
📋 Key Facts
- Reporting period: Fiscal quarter ended September 30, 2024.
- Filing date: November 6, 2024.
- The filing includes Exhibit 99.1 containing the official press release of financial results.
Rapid7, Inc. filed an 8-K to announce its financial results for the fiscal quarter ended June 30, 2024. The filing serves as a formal notice that a press release containing these results was issued on August 6, 2024.
📋 Key Facts
- Reporting period: Fiscal quarter ended June 30, 2024.
- Filing date: August 6, 2024.
- The filing includes a press release (Exhibit 99.1) detailing the company's financial condition and results of operations.
Rapid7, Inc. issued a press release announcing preliminary financial results for the fiscal quarter ended June 30, 2024, and noted certain organizational changes.
🚩 Red Flags
- Mention of 'organizational changes' can sometimes imply restructuring or cost-cutting measures, though specific details were not provided in this summary text.
📋 Key Facts
- Preliminary financial results announced for the fiscal quarter ended June 30, 2024.
- The company reported 'certain organizational changes' alongside the financial update.
- Results are based on current estimates and remain subject to change pending final review procedures.
Rapid7, Inc. held its 2024 Annual Meeting of Stockholders on June 13, 2024. The company successfully passed all three proposals, including the election of directors and the ratification of KPMG LLP as independent auditors.
📋 Key Facts
- Annual Meeting held on June 13, 2024.
- Proposal 1 (Election of Directors) was approved; eight nominees were elected to hold office until the 2025 Annual Meeting.
- Proposal 2 (Ratification of KPMG LLP as independent auditor for FY ending Dec 31, 2024) was approved with 55,665,192 votes in favor.
- Proposal 3 (Advisory vote on executive compensation) was approved on a non-binding basis with 49,346,815 votes in favor.
Rapid7, Inc. announced the resignation of its President and Chief Operating Officer, Andrew Burton, effective June 30, 2024. Mr. Burton is leaving to pursue a CEO role at a privately held company.
🚩 Red Flags
- Departure of a key executive (President and COO) can create leadership instability or transition risks.
📋 Key Facts
- Andrew Burton resigned from his positions as President and COO on June 4, 2024.
- The resignation becomes effective on June 30, 2024.
- Mr. Burton is departing to accept a Chief Executive Officer role at a privately held company.
Rapid7, Inc. filed an 8-K to announce its financial results for the fiscal quarter ended March 31, 2024. The filing serves as a formal notice that earnings information was released via press release on May 7, 2024.
📋 Key Facts
- Report date: May 7, 2024
- Reporting period: Fiscal quarter ended March 31, 2024
- The filing includes Exhibit 99.1 containing the press release of financial results
- Signed by Tim Adams, Chief Financial Officer
Rapid7, Inc. filed an 8-K to announce its financial results for the fiscal quarter ended December 31, 2023. The filing serves as a formal notification of the earnings release issued on February 7, 2024.
📋 Key Facts
- Reported date: February 7, 2024
- Reporting period: Fiscal quarter ended December 31, 2023
- The filing includes a press release as Exhibit 99.1 regarding financial results.
- Information under Item 2.02 is furnished but not 'filed' for purposes of Section 18 liability.
Rapid7, Inc. announced the appointment of Scott Murphy as Senior Vice President and Chief Accounting Officer, effective March 4, 2024. This transition will result in Tim Adams ceasing to serve as the Company's principal accounting officer upon Mr. Murphy's commencement.
📋 Key Facts
- Scott Murphy appointed as SVP and Chief Accounting Officer, effective March 4, 2024.
- Mr. Murphy previously served as VP, CAO and Controller at Booz Allen Hamilton Inc.
- Compensation includes a $370,000 annual base salary and a 50% target annual bonus.
- One-time cash sign-on bonus of $75,000 (subject to clawback if terminated for cause or voluntary resignation within one year).
- Restricted stock unit (RSU) award with an approximate value of $800,000, vesting over three years.
- Severance terms include 3 months of salary/COBRA, increasing to 6 months and accelerated equity vesting in the event of a change in control or qualifying termination.