Insider Sale by Marino Mark A. (Chief Financial Officer)
Trade Summary
Yesterday, Marino Mark A., serving as Chief Financial Officer at Rackspace Technology, Inc. (RXT), sold 51,373 shares at $2.95 per share, for a total transaction value of $151,550.35. Following this transaction, Marino Mark A. now holds 2,865,853 shares of RXT.
This sale represents a 1.76% decrease in Marino Mark A.'s stake in the company. This is considered a medium-conviction trade.
The trade was executed on Wednesday, September 2, 2026 and publicly disclosed via SEC Form 4 filing on Thursday, September 3, 2026 (accepted Sep 2, 9:53 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
$2.95
Quantity
51,373
Total Value
$151,550.35
Shares Owned
2,865,853
Trade Date
1 days ago
SEC Filing Date
(accepted Sep 2, 9:53 PM ET)
Filed 1 day after trade
Discussion