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RXT (NASDAQ: RXT) proposes sale of 31,646 RSU shares under Rule 144

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

Rhea-AI Filing Summary

RXT reports a proposed sale of 31,646 shares of Common Stock under Rule 144.

The filing states these shares arise from the vesting of restricted stock units on 03/18/2026 and lists the seller as the issuer. The record also shows a prior sale by Mark Marino of 254,866 shares on 03/02/2026 for $419,064.52. Shares outstanding were listed as 246,914,399 as of 03/18/2026.

Positive

  • None.

Negative

  • None.

Insights

Rule 144 notice documents a proposed resale of vested RSUs and a recent insider sale.

Rule 144 filings notify potential investors of proposed resales of restricted or control securities. The filing lists 31,646 shares tied to the vesting of restricted stock units on 03/18/2026, with the seller identified as the issuer.

Practical dependencies include compliance with holding-period and notice requirements; the filing also discloses a prior disposition: Mark Marino sold 254,866 shares on 03/02/2026 for $419,064.52. Subsequent transfers or notices in public filings will clarify timing and execution.

Transaction size is modest relative to reported outstanding shares.

The proposed 31,646-share resale represents a small nominal amount versus reported shares outstanding of 246,914,399 as of 03/18/2026. The source lists the sale method as resulting from vested RSUs rather than an open-market purchase order.

Cash-flow treatment and exact timing of any market sale are not specified here; market impact will depend on whether sales occur as block trades or routine broker transactions.

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 the RXT Form 144 disclose about shares to be sold?

The filing discloses a proposed resale of 31,646 shares of Common Stock arising from vested restricted stock units on 03/18/2026. The seller is listed as the issuer and the sales method is tied to RSU vesting.

Did any insider recently sell RXT shares?

Yes. The filing shows Mark Marino sold 254,866 shares on 03/02/2026 for $419,064.52. That disposition is recorded separately from the proposed Rule 144 resale of vested RSUs.

How many RXT shares were outstanding per the filing?

The document lists shares outstanding as 246,914,399 as of 03/18/2026. This figure appears in the filing as a baseline context alongside the proposed Rule 144 resale.

Are the shares being sold from RSU vesting or from open-market holdings?

The filing states the 31,646 shares stem from the vesting of restricted stock units on 03/18/2026. The notice labels the securities as acquired in connection with RSU vesting, not as previously held open-market shares.
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