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RXT (RXT) Form 144: Director/insider lists 564,716 shares for sale

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

RXT reported a Form 144 notice indicating planned sales of 564,716 common shares tied to the vesting of restricted stock units on 02/23/2026. The filing lists the transaction as securities to be sold by an issuer-related party, with the shares described as "securities acquired in connection with the vesting of restricted stock units."

The filing documents the intended disposition and the acquisition source; timing and cash‑flow details for any completed sales are not provided in the excerpt.

Positive

  • None.

Negative

  • None.

Insights

Form 144 notifies of an intended sale of vested RSU shares.

The notice lists 564,716 common shares as "Securities To Be Sold" on 02/23/2026, tied to the "vesting of restricted stock units." This language signals a planned Rule 144 disposition following vesting.

Key dependencies include any applicable holding‑period and resale conditions under Rule 144; subsequent filings or broker reports will show whether sales occurred and the cash‑flow recipient.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does RXT's Form 144 disclose about the transaction?

The Form 144 discloses planned sales of 564,716 common shares connected to the vesting of restricted stock units on 02/23/2026. It lists these shares under "Securities To Be Sold" and states they were acquired upon vesting.

Does the Form 144 show who will receive proceeds from the RXT share sales?

The excerpt does not name a proceeds recipient. It states the shares were "acquired in connection with the vesting of restricted stock units." The filing does not specify cash‑flow treatment or the specific seller receiving sale proceeds.

Are the disclosed RXT shares newly issued or from vested awards?

The filing states the shares stem from the "vesting of restricted stock units," indicating they were issued upon RSU vesting rather than newly authorized or broadly registered shares. The number shown is 564,716 shares dated 02/23/2026.

Does RXT's Form 144 confirm the share sales were completed?

The Form 144 lists "Securities To Be Sold" and the vesting source but does not confirm completed sales. The excerpt documents intended dispositions; execution and settlement details are not provided here.

Will Rule 144 restrictions affect the sale of these RXT shares?

The notice references a Rule 144 filing context by listing "Securities To Be Sold" tied to RSU vesting. Specific holding‑period or other Rule 144 conditions are not detailed in the excerpt; such restrictions depend on the securities' status and are not shown here.
Rackspace Technology, Inc.

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Software - Infrastructure
Services-computer Programming, Data Processing, Etc.
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United States
SAN ANTONIO