Alan Schoenbaum, Senior V.P, GC, and Secretary at RACKSPACE HOSTING, INC. (RAX), sold 40,000 shares at $40.05 ($1.6M) on 2013-12-02, disclosed to the SEC on 2013-12-04.
Scheduled sale ($1.6M) 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.
| Filing → |
| RAX | SELL | 2013-09-05 | $701K | — | Filing → |
| CST | BUY | 2013-08-16 | $143K | — | Filing → |
| RAX | SELL | 2013-08-13 | $43K | — | Filing → |