
ESOPJun 15, 2026, 04:06 PM
Rapid7 Grants 525,000 RSUs to New Chief Product & Technology Officer
AI Summary
Rapid7, Inc. announced the grant of 525,000 restricted stock units (RSUs) to Dejan Deklich, the company's new Chief Product and Technology Officer, on June 15, 2026. This inducement award, approved by Rapid7's Compensation Committee, is intended to incentivize Mr. Deklich's employment. The RSUs will vest over a three-year period, with one-third vesting on the first anniversary and the remainder in equal quarterly installments through the third anniversary, subject to continued employment.
Key Highlights
- Rapid7 granted 525,000 restricted stock units (RSUs).
- Awarded to Dejan Deklich, Chief Product and Technology Officer.
- Granted on June 15, 2026, as an inducement award.
- RSUs vest over a three-year period.
- One-third of RSUs vest on the one-year anniversary.
- Remaining two-thirds vest in equal quarterly installments thereafter.
- Award was unanimously approved by Rapid7's Compensation Committee.
Price Impact
More from RPD