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Stock impact report

Rapid7 Reports Inducement Grants under Nasdaq Listing Rule 5635(c)(4) [Yahoo! Finance]

Rapid7, Inc. (RPD) 
Last rapid7, inc. earnings: 2/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.rapid7.com
Company Research Source: Yahoo! Finance
that the company granted inducement awards, effective as of March 26, 2026, to employees and contractors of Kenzo Security, Inc. (“Kenzo”) in connection with Rapid7's acquisition of Kenzo on March 26, 2026, as a material inducement for the Kenzo employees and contractors to commence employment with Rapid7 and its subsidiaries following Rapid7's acquisition of Kenzo. Rapid7 granted inducement awards comprised of 467,945 restricted stock units (“RSUs”) in respect of Rapid7's common stock, in the aggregate, to Kenzo employees and contractors. In addition to RSUs, each of Harish Singh and Partha Naidu, Kenzo's founders, received an inducement award comprised of 525,769 performance-based restricted stock units (“PSUs”) in respect of Rapid7's common stock (assuming maximum performance is achieved). The RSUs vest 1/3 on each of the first three anniversaries of the vesting commencement date, subject to continued employment through the applicable vesting date. The PSUs will generally be ea Show less Read more
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