secwatch.observer — SEC 8-K summary
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Issuer:     Rapid7, Inc. (RPD)
CIK:        0001560327
Form:       8-K
Filed at:   2026-03-30T23:59:59+00:00
Accession:  0001193125-26-131752
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rapid7 agrees with JANA Partners to nominate Kevin Galligan to board, caps JANA ownership at 19.9%
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- Kevin Galligan added to Rapid7 board slate for 2026 annual meeting; company will support his election.
- JANA Partners agrees to vote for all 11 board nominees including Galligan, Corey Thomas, Marc Brown, Judy Bruner, Mike Burns, Ben Holzman, Wael Mohamed, Ben Nye, Tom Schodorf, Reeny Sondhi.
- JANA ownership capped at 19.9% of outstanding common stock without prior board consent; acquisition up to that threshold approved under DGCL Section 203.
- Agreement effective through early January 2027 or 30 days before 2027 annual meeting advance notice period.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560327/000119312526131752/0001193125-26-131752-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560327/000119312526131752/d117706d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-131752

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