Taylor Rhodes insider trades: Rackspace Hosting (RAX) stock sales
Trades on the price chart
Daily close, with an arrow on each day they bought or sold
Companies
Where Taylor reports to the SEC
Open-market buys and sales
16 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Jan 14, 2016 | RAX | ↓ Sell10b5-1 | 14,325 | $20.24 | $290K | Direct | Jan 15, 2016 (1d) |
| Nov 16, 2015 | RAX | ↓ Sell10b5-1 | 3,866 | $27.71 | $107K | Direct | Nov 18, 2015 (2d) |
| Aug 17, 2015 | RAX | ↓ Sell10b5-1 | 5,057 | $29.88 | $151K | Direct | Aug 19, 2015 (2d) |
| Aug 13, 2015 | RAX | ↓ Sell10b5-1 | 558 | $29.96 | $17K | Direct | Aug 17, 2015 (4d) |
| Aug 10, 2015 | RAX | ↓ Sell10b5-1 | 467 | $32.25 | $15K | Direct | Aug 12, 2015 (2d) |
| May 12, 2015 | RAX | ↓ Sell10b5-1 | 534 | $45.75 | $24K | Direct | May 14, 2015 (2d) |
| Aug 14, 2014 | RAX | ↓ Sell | 1,021 | $30.00 | $31K | Direct | Aug 18, 2014 (4d) |
| May 12, 2014 | RAX | ↓ Sell | 327 | $27.35 | $9K | Direct | May 14, 2014 (2d) |
| Mar 10, 2014 | RAX | ↓ Sell10b5-1 | 1,154 | $37.59 | $43K | Direct | Mar 12, 2014 (2d) |
| Sep 11, 2013 | RAX | ↓ Sell10b5-1 | 1,298 | $50.41 | $65K | Direct | Sep 13, 2013 (2d) |
| Feb 15, 2013 | RAX | ↓ Sell10b5-1 | 2,553 | $60.00 | $153K | Direct | Feb 20, 2013 (5d) |
| Aug 13, 2012 | RAX | ↓ Sell10b5-1 | 2,077 | $54.09 | $112K | Direct | Aug 15, 2012 (2d) |
| Aug 9, 2012 | RAX | ↓ Sell10b5-1 | 1,918 | $53.51 | $103K | Direct | Aug 13, 2012 (4d) |
| May 9, 2012 | RAX | ↓ Sell10b5-1 | 2,738 | $52.06 | $143K | Direct | May 11, 2012 (2d) |
| Mar 12, 2012 | RAX | ↓ Sell | 281 | $53.19 | $15K | Direct | Mar 14, 2012 (2d) |
| Feb 16, 2012 | RAX | ↓ Sell | 255 | $53.83 | $14K | Direct | Feb 17, 2012 (1d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
About Taylor Rhodes's insider trades
Taylor Rhodes is President & CEO at Rackspace Hosting (RAX). Since Feb 16, 2012, Taylor has reported no open-market purchases and 16 sales worth $1.3M on SEC Form 4. There have been no open-market trades in the last 12 months.
12 sales (95% of the value sold) were made under a Rule 10b5-1 trading plan, which is set up months in advance and runs on a schedule, so they say little about how the insider sees the stock today.
Their filings also include shares withheld for taxes (9 filings), grants and awards (9 filings), option exercises (6 filings), shares returned to the company (2 filings). These aren't open-market trades and aren't counted above.
How to read insider trades
Officers, directors and owners of more than 10% of a company must report trades in its stock on SEC Form 4, usually within two business days. Purchases with their own money are the stronger signal: insiders sell for many reasons (taxes, diversification, a house), but buy for one. See every RAX insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.