secwatch.observer — SEC 8-K summary
======================================

Issuer:     Rapid7, Inc. (RPD)
CIK:        0001560327
Form:       8-K
Filed at:   2025-03-24T23:59:59+00:00
Accession:  0001193125-25-060853
Event type: other_material
Sentiment:  positive
Materiality: 0.65
Item codes: 1.01, 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rapid7 expands board to 11, appoints three directors, cooperates with JANA Partners
--------------------------------------------------------------------------------

- Board expands from 8 to 11; Wael Mohamed and Mike Burns appointed by April 15, Kevin Galligan within 45 business days upon JANA request.
- JANA will support all Rapid7 director nominees at 2025 annual meeting; ownership capped at 14.9% without board consent.
- Galligan joins Compensation Committee, Burns joins Audit Committee upon appointment.
- Cooperation agreement effective until Jan 9, 2026 or 30 days before 2026 meeting notice period.
- JANA to vote with board on proposals except extraordinary transactions; may follow ISS/Glass Lewis.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560327/000119312525060853/0001193125-25-060853-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560327/000119312525060853/d920173d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-060853

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer