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flag Rackspace CEO Amar Maletira sold nearly 10.7% of his shares, totaling $975,840.80, on March 17.

flag Rackspace Technology, Inc. CEO Amar Maletira sold 521,840 shares on March 17, totaling $975,840.80, reducing his ownership by 10.67%. flag The stock traded at $1.87 midday on Wednesday, with a market cap of $425.55 million. flag Rackspace provides cloud services and recently reported revenue of $685.60 million, beating estimates. flag Insider Srini Koushik also sold shares, decreasing his position by 7.33%.

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