Rackspace Technology (NASDAQ:RXT) CFO Mark Marino sold 234,683 shares of the company’s stock for $382,533.29 on February 23rd, reducing his stake by 9.67%. Following the sale, Marino directly owns 2,193,115 shares valued at approximately $3.57 million. The stock traded down $0.19 to $1.49 on the day of the sale with abnormally high trading volume.
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Rackspace Technology (NASDAQ:RXT) CFO Sells $382,533.29 in Stock
Rackspace Technology (NASDAQ:RXT) CFO Mark Marino sold 234,683 shares of the company’s stock for $382,533.29 on February 23rd, reducing his stake by 9.67%. Following the sale, Marino directly owns 2,193,115 shares valued at approximately $3.57 million. The stock traded down $0.19 to $1.49 on the day of the sale with abnormally high trading volume.