Srini Koushik - 15 Aug 2025 Form 4 Insider Report for Rackspace Technology, Inc. (RXT)

Signature
/s/ Sarah Alexander, by power of attorney from Srinivas Koushik
Issuer symbol
RXT
Transactions as of
15 Aug 2025
Transactions value $
-$13,428
Form type
4
Filing time
15 Aug 2025, 19:12:21 UTC
Previous filing
03 Jun 2025
Next filing
03 Sep 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Koushik Srini President, Technology C/O RACKSPACE TECHNOLOGY, INC., 1718 DRY CREEK WAY, SUITE 115, SAN ANTONIO /s/ Sarah Alexander, by power of attorney from Srinivas Koushik 15 Aug 2025 0001897081

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RXT Common Stock Tax liability -$13.4K -11.5K -0.83% $1.17 1.37M 15 Aug 2025 Direct F1
* 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 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.