RPD — what changed in the latest 10-Q

Text added vs the prior filing · source: 10-Q · 2026-08-10

• In June 2026, we executed a limited restructuring activity designed to improve operational efficiencies and better align our workforce with current business needs. The restructuring included a reduction of our workforce primarily within our sales and marketing departments and, to a lesser degree, wi…

• On August 7, 2026, our board of directors approved a restructuring plan that is designed to simplify our operations, align resources and investments with our core platform, and create capacity to reinvest in capabilities and solutions that improve the customer experience and strengthen our competiti…

• Effective June 1, 2026, Wael Mohamed was appointed Chief Executive Officer, Corey Thomas was appointed Executive Chairman, and Marc Brown was appointed Lead Independent Director.

• travel and entertainment, consulting and professional fees for third-party development resources as well as allocated overhead costs.

• Restructuring expense consists of charges related to a restructuring plan such as employee transition, notice period and severance payments and employee benefits and related facilitation costs. For further information, refer to Note 15, Restructuring, in the Notes to our unaudited condensed consolid…

Text removed vs the prior filing · source: 10-Q · 2026-05-05

• On March 26, 2026, we acquired Kenzo Security, Inc. ("Kenzo") an agentic AI security platform built to scale autonomous security investigations for a purchase price with an aggregate fair value of $25.5 million. The purchase consideration consisted of $24.2 million in cash paid at closing and $1.3 m…

• The decrease in total revenue for the three months ended March 31, 2026 as compared to the same period in 2025 was driven by a decrease in professional services revenue from less consulting testing performed in the first quarter of 2026. Revenue from product subscriptions was approximately flat.

• The increase in total cost of revenue for the three months ended March 31, 2026 as compared to the same period in 2025 was primarily driven by a $3.1 million increase in personnel costs related to supporting product delivery, a $0.9 million increase in cloud computing costs, a $0.6 million increase …

• Research and development expenses increased for the three months ended March 31, 2026 as compared to the same period in 2025, primarily driven by a $2.5 million increase in personnel cost driven by an increase in headcount to further product development and offset by a $0.6 million decrease in impai…

• Sales and marketing expenses decreased for the three months ended March 31, 2026 as compared to the same period in 2025, primarily driven by a $2.6 million decrease in personnel costs, primarily consisting of a $2.2 million decrease in SBC expense $1.3 million decrease in commissions, and offset by …

Text added vs the prior filing · source: 10-Q · 2026-08-10

• Name and PositionActionAdoption or Transaction DateType of Trading ArrangementNumber of Shares of Common Stock to be SoldOriginal Expiration Date

• * Contract, instruction or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) under the Exchange Act.

• ** Represents the maximum number of shares that may be sold pursuant to the Rule 10b5-1 trading arrangement in amounts and prices determined in accordance with a formula set forth in the plan. The actual number of shares sold will depend on the satisfaction of certain conditions as set forth in the …

• *** The Rule 10b5-1 trading arrangement was set to terminate on the earlier of the date all the shares under the plan were sold and the expiration date indicated, subject to early termination for specified events set forth in the plan.

• During the three months ended June 30, 2026, other than noted above, none of our executive officers or directors terminated or modified a 10b5-1 equity trading plan, or adopted, terminated, or modified any “non-Rule 10b5-1 equity trading arrangement”.