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
- 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.
- 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.
- 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.
- 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).