Rackspace Scott Anthony Sells 48,780 Shares for $207,315
Anthony disposed of 21% of his equity holdings following a massive rally for the Rackspace stock price.
Overview
Scott Anthony, Director of Rackspace Technology (NASDAQ:RXT), reported a sale of 48,780 shares of common stock in an SEC Form 4 filing on Aug. 17, 2026.
Transaction value based on SEC Form 4 weighted average sale price ($4.25); post-transaction value based on Aug. 14, 2026, market close ($4.21).
Details
Rackspace Technology is a global provider specializing in multi-cloud technology services. The company organizes its business into two primary divisions: Multicloud Services and Apps & Cross Platform. Through its Multicloud Services division, the firm offers comprehensive managed services for both public and private cloud environments.
Source
Originally published at www.fool.com.