secwatch.observer — SEC 8-K summary
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Issuer:     Rapid7, Inc. (RPD)
CIK:        0001560327
Form:       8-K
Filed at:   2026-06-01T12:29:24+00:00
Accession:  0001193125-26-249850
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rapid7 appoints Wael Mohamed CEO; Corey Thomas becomes Executive Chairman; reaffirms 2026 guidance
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- Wael Mohamed becomes CEO effective June 1, 2026; Corey Thomas transitions to Executive Chairman.
- Mohamed receives $625K base salary, target bonus 100% of base, $6M RSU vesting over 3 years.
- Performance-based RSU covers up to 2.125M shares with price hurdles from $15 to $30+, phased vesting.
- Company reaffirms Q2 and full-year 2026 financial guidance as provided on May 5, 2026.
- Leadership team refresh includes new CFO, CCO, CPTO over past year to drive AI-SOC strategy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560327/000119312526249850/0001193125-26-249850-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560327/000119312526249850/d109829d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-249850

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