STOCK TITAN

RXT (NASDAQ: RXT) insider files to sell 114,375 shares after RSU vesting

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

Rhea-AI Filing Summary

RXT filing reports 114,375 shares of Common Stock to be sold in a Form 144; the shares were acquired on 06/04/2026 in connection with the vesting of restricted stock units, with the filing listing the broker as Morgan Stanley Smith Barney LLC.

The filing also records recent dispositions by Mark Marino: 14,058 shares sold on 03/18/2026 for $25,726.14 and 20,183 shares sold on 03/02/2026 for $36,531.23.

Positive

  • None.

Negative

  • None.

Insights

Form 144 lists resale of vested RSUs and recent open-market dispositions by an affiliate.

The filing shows 114,375 shares identified for resale, acquired upon the vesting of restricted stock units on 06/04/2026. It names Morgan Stanley Smith Barney LLC as the executing broker and classifies the acquisition as "not applicable (securities acquired in connection with the vesting of restricted stock units)."

Past transfers reported include two sales by Mark Marino totaling 34,241 shares in March 2026, with reported gross proceeds shown. This filing is a resale notice and is administrative in nature; cash‑flow treatment and exact timing of the 114,375 share sales are not specified in the provided excerpt.

Reported volumes are tangible but the filing is procedural, not an offering.

The document lists an intended resale of 114,375 shares tied to RSU vesting and two executed sales of 14,058 and 20,183 shares in March 2026, with dollar amounts provided for each sale. The method of distribution (block trades, open market, etc.) is not detailed in the excerpt.

Because this is a Form 144 resale notice, its market impact depends on whether and how quickly the selling holder places the registered shares into the market; subsequent filings would disclose execution details.

Shares to be sold 114,375 shares vesting of restricted stock units on 06/04/2026
Prior sale 1 14,058 shares sold 03/18/2026 for $25,726.14
Prior sale 2 20,183 shares sold 03/02/2026 for $36,531.23
restricted stock units financial
"vesting of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Form 144 regulatory
"Securities To Be Sold / Securities Sold During The Past 3 Months"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
issuer financial
"ISSUER | not applicable (securities acquired in connection"
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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 report about the 114,375 shares?

The Form 144 reports 114,375 shares of Common Stock to be sold, acquired on 06/04/2026 upon the vesting of restricted stock units. The broker is named as Morgan Stanley Smith Barney LLC.

Who executed recent sales disclosed in the RXT excerpt?

The filing records two recent dispositions by Mark Marino: 14,058 shares sold on 03/18/2026 for $25,726.14 and 20,183 shares sold on 03/02/2026 for $36,531.23.

Are the 114,375 shares registered or already sold?

The filing identifies 114,375 shares as the amount to be sold under Form 144; the excerpt ties those shares to RSU vesting on 06/04/2026. Execution timing and sale method are not provided in the excerpt.

Does the Form 144 specify proceeds or use of proceeds for the 114,375 shares?

The excerpt does not state proceeds or use of proceeds for the 114,375 shares. The document lists past sales with gross proceeds, but cash‑flow treatment for the future resale is not provided in the excerpt.