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Tech — Software

Rapid7 Executive Compensation (FY25)

RPD · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Corey Thomas
Latest say-on-pay support
=
June 9, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of November 3, 2026Latest filing: August 31, 2026
14 filings cited on this page
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216 figures on this page: 208 cited to the filing that reported them, 8 calculated from figures it prints. See the citations
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Corey Thomas: $14,854,209 → $10,058,576 (32.3% lower)
CEO pay ratio: 111:1 → 81:1 (27.0% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Rapid7's chief executive and what were they paid?
Corey Thomas, Chief Executive Officer, received $10,058,576 in total compensation for fiscal 2025. Thomas' total moved 32.3% lower from the $14,854,209 reported for fiscal 2024.
What was Rapid7's say-on-pay result?
The say-on-pay proposal drew 95.3% of votes cast for or against in favor at the meeting held June 9, 2026 for fiscal 2025.
Which companies are in Rapid7's peer group?
The disclosed peer group includes BlackBerry, BlackLine, Elastic N.V., Everbridge and Five9, among others.
What is Rapid7's chief executive pay ratio?
The company reported a chief executive pay ratio of 81:1 for fiscal 2025, against median employee compensation of $123,625.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Craig Adams
Chief Operating Officer
◇—◇———◇◇
Tim Adams
Chief Financial Officer
◇—◇———◇◇
Corey Thomas
Chief Executive Officer and Chairman of the Board of Directors
◇—◇———◇◇
Andrew Burton
Chief Revenue Officer
◇—◇———◇◇
Christina Luconi
Chief People Officer
◇—◇———◇◇
Jeff Kalowski
Former Chief Financial Officer
Departed during or after this year
◇——————◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Andrew Burton
Chief Revenue Officer
◇—◇———◇◇
Tim Adams
Chief Financial Officer
◇—◇———◇◇
Craig Adams
Chief Operating Officer
◇—◇———◇◇
Corey Thomas
Chief Executive Officer and Chairman of the Board of Directors
◇—◇———◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Corey Thomas
Chief Executive Officer and Chairman of the Board
◇—◇———◇◇
Andrew Burton
Former President and Chief Operating Officer
Departed during or after this year
◇—◇———◇◇
Tim Adams
Chief Financial Officer
◇—◇—◇—◇◇
Christina Luconi
Chief People Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Corey Thomas
Chief Executive Officer
◇—◇—◇—◇◇
Rafe Brown
Chief Financial Officer
◇◇◇———◇◇
Tim Adams
Former Chief Financial Officer
Departed during or after this year
◇—◇———◇◇
Christina Luconi
Former Chief People Officer
Departed during or after this year
◇—————◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Christina LuconiPSU◇—◇———◇
Corey ThomasPSU◇◇◇—◇—◇
Corey ThomasRSU◇——◇——◇
Rafe BrownRSU◇——◇——◇
Tim AdamsRSU◇——◇——◇
Tim AdamsPSU◇◇◇—◇—◇
Fiscal 2022, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Rafe BrownRSU◇◇——
Corey ThomasRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Tim AdamsRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Christina Luconi
Former Chief People Officer · Terms as described in the company’s compensation discussion
Change-in-control trigger◇
Equity acceleration on change in control◇
Benefits continuation◇
Corey Thomas
Chief Executive Officer · Employment agreement
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Change-in-control base◇
Benefits continuation on change in control◇
Benefits continuation◇
Rafe Brown
Chief Financial Officer · Severance agreement
Severance multiple◇
Severance base◇
Severance cash amount◇
Change-in-control multiple◇
Benefits continuation on change in control◇
Benefits continuation◇
Tim Adams
Chief Financial Officer · Severance agreement
Change-in-control trigger◇
Equity acceleration on change in control◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Kevin Galligan
◇◇————◇
Michael Burns
◇◇————◇
Wael Mohamed
◇◇————◇
Tom Schodorf
◇◇————◇
Marc Brown
◇◇————◇
Michael Berry
◇◇————◇
Judy Bruner
◇◇————◇
Benjamin Holzman
◇◇————◇
J. Benjamin Nye
—◇————◇
Reeny Sondhi
◇◇————◇
Corey Thomas and Jeff Kalowski served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • BlackBerry BB
  • BlackLine BL
  • Elastic N.V. ESTC
  • Everbridge EVBG
  • Five9 FIVN
  • PagerDuty PD
  • Q2 Holdings QTWO
  • Qualys QLYS
  • SentinelOne S
  • SolarWinds SWI
  • Tenable Holdings TENB
  • Varonis Systems VRNS
  • Verint Systems VRNT
  • Workiva WK
  • Zscaler ZS

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 9, 2026=◇◇◇
2024June 11, 2025=◇◇◇
2023June 13, 2024=◇◇◇
2022June 8, 2023=◇◇◇
2021June 9, 2022=◇◇◇
2020June 10, 2021=◇◇◇
2019June 3, 2020=◇◇◇
2018June 12, 2019=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Corey Thomas (Chief Executive Officer), FY2025 total compensation $10,058,576 (base salary $545,000) [exec_comp, SEC accession 0001560327-26-000019, filed 2026-04-22]

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What this page does not include

Everything above is a fact Rapid7 disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Rapid7 sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
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Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
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Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
216 figures on this page: 208 cited to the filing that reported them, 8 calculated from figures it prints.
208 cited to the filing
8 calculated from the filing

Documents cited

  2. 0001560327-26-000035
    Proposal 3 - Advisory Vote on Executive Compensation
  3. 0001560327-26-000019
    CEO PAY RATIO · DIRECTOR COMPENSATION · GRANTS OF PLAN-BASED AWARDS · OUTSTANDING EQUITY AWARDS AT FISCAL YEAR-END · and 1 more section
  5. 0001560327-25-000038
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001140361-25-015441
    SUMMARY COMPENSATION TABLE · Summary Compensation Table
  7. 0001560327-24-000074
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001560327-24-000044
    Summary Compensation Table
  9. 0001560327-23-000047
  10. 0001560327-23-000020
    SUMMARY COMPENSATION TABLE · Summary Compensation Table
  11. 0001560327-22-000070
  12. 0001560327-21-000111
  13. 0001560327-20-000107
  14. 0001560327-19-000102
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This page is free to cite. Attribution we ask for:
Velarion, “Rapid7 executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/RPD (accessed 2026).
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The Rapid7 brief, $500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $900.
Get the executive briefGet the board briefNo account needed.
14 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Tech — Software rankings

Chief executive pay — Tech — SoftwareCEO pay ratio — Tech — SoftwareSay-on-pay support — Tech — Software

Peers Rapid7 discloses

The companies named in RPD's own disclosed peer group.

BlackBerryBlackLineElastic N.V.EverbridgeFive9PagerDutyQ2 HoldingsQualysSentinelOneSolarWindsTenable HoldingsVaronis SystemsVerint SystemsWorkivaZscaler

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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