Form 4 for RXT Rackspace Technology, Inc.

Accepted 2024-05-20 00:00:00 ET · period of report 2024-04-05 · accession 0001810019-24-000095 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
	2024-05-20	2024-05-16	RXT	TEAL-GUESS KELLIE	CHRO	S - Sale	$2.13	-61.4K	909.8K	-6%	-$130.8K
	2024-05-20	2024-04-05	RXT	TEAL-GUESS KELLIE	CHRO	A - Grant	$0.00	+214.3K	970.7K	+28%	$0

Purchase Sale Sale after option exercise All abbreviations

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2024-05-16	S	D	61,393	$2.13	909,775	D	—	—	(F3) 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. (F2) 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. (F4) 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).
2	Common	Common Stock	2024-04-05	A	A	214,285	$0.00	970,668	D	—	—	(F1) 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.