Short answer
Rapid7, Inc. (RPD) filed an 8-K current report with the SEC on June 1, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers), Item 7.01 (Regulation FD Disclosure). Wael Mohamed becomes CEO June 1, 2026, succeeding Corey Thomas after Thomas’s tenure since October 2012.
Rapid7, Inc. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- Wael Mohamed becomes CEO June 1, 2026, succeeding Corey Thomas after Thomas’s tenure since October 2012
- Thomas shifts to Executive Chairman, retaining strategic influence; Marc Brown becomes Lead Independent Director
- Mohamed receives $625,000 salary, 100% target bonus, and approximately $6.0 million restricted-stock award vesting over three years
- Performance award covers 2,125,000 shares, with vesting tied to stock-price hurdles from $15.00 to $30.00 or higher
- Change-in-control severance includes 150% of salary plus target bonus, 18 months’ COBRA, and accelerated equity vesting
Item 7.01 · Regulation FD Disclosure
- Mohamed appointed Chief Executive Officer, signaling a change in Rapid7’s executive leadership
- Thomas appointed Executive Chairman, creating a separate board leadership role
- Management reaffirmed second-quarter 2026 and full-year 2026 guidance
- Press release details in Exhibit 99.1, including leadership rationale and guidance metrics
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
Other Rapid7, Inc. 8-K filings
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