Alan Schoenbaum, Senior V.P, GC, and Secretary at RACKSPACE HOSTING, INC. (RAX), sold 17,000 shares at $44.00 ($739K) on 2011-11-08, disclosed to the SEC on 2011-11-14.
Scheduled sale ($739k) by Senior V.P, GC, and Secretary 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 | $44.00 | 7,000 | $308K | 41.7% |
| 2 | $43.09 | 10,000 | $431K | 58.3% |
| Total | $43.46 avg | 17,000 | $739K | 100% |
| Filing → |
| RAX | SELL | 2013-11-15 | $2.3M | — | Filing → |
| RAX | SELL | 2013-09-05 | $701K | — | Filing → |
| CST | BUY | 2013-08-16 | $143K | — | Filing → |