Rapid7 Grants Inducement Awards to New Employees
News related to:Rapid7 · 2 min read
BOSTON, Oct. 20, 2026 /CourierPR/ -- Rapid7, a global leader in AI-powered managed cybersecurity operations, has granted inducement awards to two employees as of October 15, 2026. The company awarded a total of 455,621 restricted stock units (RSUs) to these employees, which will vest over a three-year period. The RSUs are part of Rapid7’s 2015 Equity Incentive Plan, as amended. The awards were approved by the company’s Compensation Committee, which is independent within the meaning of Nasdaq Listing Rule 5605(a)(2). The inducement awards were granted in accordance with Nasdaq Listing Rule 5635(c)(4) as a material inducement for the employees to commence employment with Rapid7.
Under the terms of the RSU awards, one-third of the RSUs will vest on the one-year anniversary of the vesting commencement date, with the remaining two-thirds vesting in equal quarterly installments thereafter through the third anniversary of the vesting commencement date, subject to continued employment through each applicable vesting date. Rapid7’s 2015 Equity Incentive Plan, as amended, provides the framework for these inducement awards.
Rapid7, headquartered in Boston, is known for its AI-powered managed cybersecurity operations. The company is trusted to advance the cyber resilience of more than 11,500 customers worldwide. Rapid7’s Command Platform integrates security data, enriching it with AI, threat intelligence, and 25 years of expertise and innovation to reduce risk and disrupt attackers. As a recognized leader in preemptive managed detection and response (MDR), the company unifies exposure and detection to transform the cybersecurity operations of its customers.
The inducement awards are part of Rapid7’s broader strategy to attract and retain top talent. By providing these inducement awards, the company aims to ensure that key employees are motivated and aligned with the company’s goals and objectives. The RSUs vest over a three-year period, providing a long-term incentive for the employees to remain with the company and contribute to its success.
Rapid7’s commitment to its employees and its mission to advance cyber resilience is evident in this latest move. The company’s focus on AI and threat intelligence, combined with its extensive experience in the cybersecurity field, positions it well to continue leading the industry.