Amar Maletira - Apr 4, 2025 Form 4 Insider Report for Rackspace Technology, Inc. (RXT)

Signature
/s/ Sarah Alexander, by power of attorney from Amar Maletira
Stock symbol
RXT
Transactions as of
Apr 4, 2025
Transactions value $
-$143,731
Form type
4
Date filed
6/3/2025, 08:58 PM
Previous filing
Apr 2, 2025
Next filing
Jul 1, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Maletira Amar Chief Executive Officer, Director C/O RACKSPACE TECHNOLOGY, INC., 1718 DRY CREEK WAY, SUITE 115, SAN ANTONIO /s/ Sarah Alexander, by power of attorney from Amar Maletira 2025-06-03 0001652379

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RXT Common Stock Award $0 +1.79M +41.03% $0.00 6.16M Apr 4, 2025 Direct F1
transaction RXT Common Stock Tax liability -$144K -126K -2.05% $1.14 6.03M Jun 1, 2025 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Grant of restricted stock units ("RSUs") in a transaction exempt under Section 16b-3. RSUs vest in quarterly installments over three years. Each RSU represents the right to receive, at settlement, one share of common stock.
F2 Represents shares withheld by the Issuer to satisfy withholding tax liability incident to the vesting of restricted stock units in a transaction exempt under Rule 16b-3.