Insider Sale by SINHA DHARMENDRA KUMAR (EVP, President, Public Cloud)
Trade Summary
Yesterday, SINHA DHARMENDRA KUMAR, serving as EVP, President, Public Cloud at Rackspace Technology, Inc. (RXT), sold 107,002 shares at $2.95 per share, for a total transaction value of $315,655.90. Following this transaction, SINHA DHARMENDRA KUMAR now holds 3,263,429 shares of RXT.
This sale represents a 3.17% decrease in SINHA DHARMENDRA KUMAR'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
107,002
Total Value
$315,655.90
Shares Owned
3,263,429
Trade Date
1 days ago
SEC Filing Date
(accepted Sep 2, 9:53 PM ET)
Filed 1 day after trade
Discussion