Form 4: Rackspace Technology CFO Sells Shares
Insider Transaction (Form 4)
Mark A. Marino, Chief Financial Officer of Rackspace Technology, Inc., sold 51,373 shares of common stock on September 2, 2026 for $2.95 per share.
Summary
- Open-market sale: disposed of 51,373 Common Stock at $2.95 ($151,550) on September 2, 2026; holds 2,865,853 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $151,550 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Mark A. Marino — Officer (Chief Financial Officer)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-02 | Open-market sale | Common Stock | 51,373 | $3 | $151.6K | 2,865,853 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-02 | Open-market sale (51,373 shares) |
Keywords
insider transaction, Form 4, RXT, Rackspace Technology, Inc., bearish, Mark A. Marino
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