RXT CHRO Kellie Teal-Guess sells 113,232 shares at $5.12 (pre-arranged 10b5-1 plan); holds 909,152 shares post-transaction
Chief Human Resources Officer Kellie Teal-Guess sold 113,232 shares for $579,747.84 pursuant to a pre-arranged 10b5-1 trading plan adopted on 2023-09-12, reducing holdings from 1,022,384 to 909,152 shares. As a scheduled transaction, this sale carries no timing signal or intent interpretation—it reflects a predetermined execution plan rather than a discretionary decision. The company context shows modest fundamentals: quarterly revenue of $678,100,000, a full-year net loss, and annual revenue decline of -1.9%, paired with a current stock price of $4.80 that sits 37.2% below the 52-week high of $7.65. The insider retains material stake of 909,152 shares post-transaction, indicating continued long-term exposure despite the systematic reduction schedule.