Amar Maletira, Chief Executive Officer at Rackspace Technology, Inc. (RXT), sold 1,043,680 shares at $1.87 ($2.0M) on 2025-03-17, disclosed to the SEC on 2025-03-19.
Scheduled sale ($2.0M) by Chief Executive Officer under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $1.87 | 521,840 | $976K | 50.0% |
| 2 | $1.87 | 521,840 | $976K | 50.0% |
| Total | $1.87 avg | 1,043,680 | $2.0M | 100% |
| Filing → |
| RXT | SELL | 2024-12-05 | $282K | — | Filing → |
| RXT | SELL | 2024-10-02 | $1.2M | — | Filing → |
| RXT | SELL | 2024-08-22 | $245K | — | Filing → |