secwatch.observer — SEC 8-K summary
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Issuer:     Rapid7, Inc. (RPD)
CIK:        0001560327
Form:       8-K
Filed at:   2026-08-31T20:07:15+00:00
Accession:  0001560327-26-000046
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Rapid7 revamps board: four directors out, two new appointees, Nye as lead independent director
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- Four directors (Burns, Holzman, Schodorf, Sondhi) resigned Aug 27; each to get cash comp through June 30, 2027 and accelerated equity vesting.
- Maria Barrett (retired Lt Gen, ex-Commander of Army Cyber Command) and Julian Waits (current CXO) elected to board effective Sept 1, 2026.
- Waits transition: receives 6 months base salary payment, continues as non-executive through Dec 31, 2026, and retains vesting on RSU/PSU awards.
- J. Benjamin Nye appointed Lead Independent Director effective Aug 27, 2026; board size fixed at nine; committee chairs set.
- Resignations not tied to any disagreement; new directors will sign standard indemnification agreements.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1560327/000156032726000046/0001560327-26-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1560327/000156032726000046/rp-20260827.htm
  HTML page:      https://secwatch.observer/filing/0001560327-26-000046

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