RXT - Rackspace Technology, Inc.
Insider Sale by Marino Mark A. (Chief Financial Officer)
Trade Summary
2 days ago, Marino Mark A., serving as Chief Financial Officer at Rackspace Technology, Inc. (RXT), sold 48,099 shares at $5.56 per share, for a total transaction value of $267,430.44. Following this transaction, Marino Mark A. now holds 2,917,226 shares of RXT.
This sale represents a 1.62% decrease in Marino Mark A.'s stake in the company. This is considered a medium-conviction trade.
The trade was executed on Thursday, June 4, 2026 and publicly disclosed via SEC Form 4 filing on Friday, June 5, 2026 (accepted Jun 4, 9:37 PM ET), 1 day after the trade was made.
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.
Trade Price
$5.56
Quantity
48,099
Total Value
$267,430.44
Shares Owned
2,917,226
Trade Date
2 days ago
SEC Filing Date
(accepted Jun 4, 9:37 PM ET)
Filed 1 day after trade
Discussion