---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-236924"
form_type: "8-K"
ticker: "RPD"
cik: "0001560327"
company_name: "Rapid7, Inc."
filed_at: "2023-09-18T23:59:59+00:00"
generated_at: "2026-06-10T14:44:53.978132+00:00"
event_type: "debt"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Rapid7 issues additional $40M of 1.25% convertible senior notes due 2029

## Summary
- Issued $40M aggregate principal of 1.25% Convertible Senior Notes due 2029 to initial purchasers.
- Additional notes have identical terms to original $260M notes issued September 8, 2023.
- Entered additional capped call transactions costing $4.9M to offset potential dilution upon conversion.
- Initial max conversion rate: 20.4331 shares per $1,000 principal, subject to anti-dilution.

## SEC filing metadata
- accession: 0001193125-23-236924
- form_type: 8-K
- ticker: RPD
- cik: 0001560327
- company_name: Rapid7, Inc.
- filed_at: 2023-09-18T23:59:59+00:00
- event_type: debt
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 8.01, 2.03, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1560327/000119312523236924/0001193125-23-236924-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1560327/000119312523236924/d513715d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-236924
- JSON: https://secwatch.observer/filing/0001193125-23-236924.json
- Plain text: https://secwatch.observer/filing/0001193125-23-236924.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.