Filing Details

Accession Number:
0001810019-24-000095
Form Type:
4
Zero Holdings:
No
Publication Time:
2024-05-20 21:21:03
Reporting Period:
2024-04-05
Accepted Time:
2024-05-20 21:21:03
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1810019 Rackspace Technology Inc. RXT Services-Computer Programming, Data Processing, Etc. (7370) 813369925
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1977413 Kellie Teal-Guess C/O Rackspace Technology, Inc.
1 Fanatical Place
San Antonio TX 78218
Chief Human Resources Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2024-04-05 214,285 $0.00 970,668 No 4 A Direct
Common Stock Disposition 2024-05-16 61,393 $2.13 909,775 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 S Direct
Footnotes
  1. Grant of restricted stock units ("RSUs") vesting in quarterly installments over three years. Each RSU represents the right to receive, at settlement, one share of common stock.
  2. Reflects the number of shares of common stock that were sold in a "sell to cover" transaction for the sole purpose of satisfying tax withholding obligations in connection with the vesting of restricted stock units previously granted to the reporting person.
  3. This transaction was made pursuant to a Rule 10b5-1 trading plan in the form of a durable sell-to-cover instruction adopted by the reporting person on September 12, 2023. The trading plan provides for the automatic sale of shares of common stock necessary to satisfy the reporting person's tax withholding obligations incurred in connection with the vesting or settlement of restricted stock units.
  4. Includes the acquisition of 500 shares of common stock on May 16, 2024 pursuant to the Issuer's Employee Stock Purchase Plan (ESPP) in a transaction exempt under Rule 16b-3(c).