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Insider Trading Arrangements
3 Months Ended 12 Months Ended
Dec. 31, 2023
shares
Dec. 31, 2023
shares
Trading Arrangements, by Individual    
Material Terms of Trading Arrangement  
Certain of our executive officers and directors may execute purchases and sales of our securities through Rule 10b5-1 equity trading plans and “non-Rule 10b5-1 equity trading arrangements” (as defined in Item 408(c) of Regulation S-K).
During the three months ended December 31, 2023, several of our executive officers, as set forth below, adopted or terminated a contract, instruction or written plan for the purchase or sale of Rapid7 securities that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Name and PositionAction Adoption or Transaction DateType of Trading ArrangementNumber of Shares of Common Stock to be SoldExpiration Date
Andrew Burton, Chief Operating Officer (1)
AdoptionDecember 13, 2023Rule 10b5-1*
70,675**
12/31/2024***
Tim Adams, Chief Financial Officer
AdoptionNovember 28, 2023Rule 10b5-1*
15,000**
11/28/2024***
Corey Thomas,Chief Executive Officer (2)
AdoptionDecember 13, 2023Rule 10b5-1*
296,842**
12/13/2024***
(1) The selling start date under Mr. Burton's 10b5-1 Plan adopted on December 13, 2023 is contingent on the completion or expiration of his previously adopted plan.
(2) Mr. Thomas' plan includes the sale of 30,842 shares that were gifted to the Ancore Foundation, Inc., a charitable foundation of which Mr. Thomas is a director.

* Contract, instruction or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.

** Represents the maximum number of shares that may be sold pursuant to the Rule 10b5-1 trading arrangement in amounts and prices determined in accordance with a formula set forth in the plan. The actual number of shares sold will be dependent on the satisfaction of certain conditions as set forth in the written plan.

*** The Rule 10b5-1 trading arrangement will terminate on the earlier of the date all the shares under the plan are sold and the
expiration date indicated, subject to early termination for specified events set forth in the plan.
Non-Rule 10b5-1 Arrangement Adopted false  
Rule 10b5-1 Arrangement Terminated false  
Non-Rule 10b5-1 Arrangement Terminated false  
Andrew Burton [Member]    
Trading Arrangements, by Individual    
Name Andrew Burton  
Title Chief Operating Officer  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date December 13, 2023  
Arrangement Duration 384 days  
Aggregate Available 70,675 70,675
Tim Adams [Member]    
Trading Arrangements, by Individual    
Name Tim Adams  
Title Chief Financial Officer  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date November 28, 2023  
Arrangement Duration 366 days  
Aggregate Available 15,000 15,000
Corey Thomas [Member]    
Trading Arrangements, by Individual    
Name Corey Thomas  
Title Chief Executive Officer  
Rule 10b5-1 Arrangement Adopted true  
Adoption Date December 13, 2023  
Arrangement Duration 366 days  
Aggregate Available 296,842 296,842