Trade Summary
5 days ago, Marino Mark A., serving as CFO at Rackspace Technology, Inc. (RXT), sold 14,058 shares at $1.81 per share, for a total transaction value of $25,445.00. Following this transaction, Marino Mark A. now holds 2,158,874 shares of RXT.
This sale represents a 1.00% decrease in Marino Mark A.'s stake in the company. This is considered a medium-conviction trade.
The trade was executed on Wednesday, March 18, 2026 and publicly disclosed via SEC Form 4 filing on Wednesday, March 18, 2026, meaning the disclosure happened on the same day as the trade.
Rackspace Technology, Inc. operates in the TECHNOLOGY sector, specifically within the SOFTWARE - INFRASTRUCTURE industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.