Home > Insider Trading > Filing (0001810019-24-000137)

Filing Details

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
1897081	Srini Koushik	C/O Rackspace Technology, Inc. 1718 Dry Creek Way, Suite 115 San Antonio TX 78259-1837	Chief Technology 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	Disposition	2024-08-20	7,740	$2.39	1,068,936	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct

Footnotes

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.
This transaction was executed in multiple trades at prices ranging from $2.35 to $2.49. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC, the Issuer or a security holder of the Issuer.