[Form 4] Rackspace Technology, Inc. Insider Trading Activity
Koushik Srini, President, Technology at Rackspace Technology, Inc. (RXT), reported a transaction dated 09/01/2025. The filing shows 28,438 shares were disposed through withholding to satisfy tax on vested restricted stock units; the transaction is identified as exempt under Rule 16b-3 and carried a price of $1.26 per share. Following the withholding, Mr. Srini beneficially owns 1,338,459 shares.
The Form 4 was signed by Sarah Alexander by power of attorney on 09/03/2025. The disclosure documents an internal tax-withholding action on RSU vesting rather than an open-market sale or a new grant.
Koushik Srini, Presidente della Tecnologia presso Rackspace Technology, Inc. (RXT), ha comunicato una transazione datata 01/09/2025. La documentazione indica che 28.438 azioni sono state cedute tramite withholding per soddisfare le imposte sulle restricted stock unit maturate; la transazione 猫 qualificata come esente ai sensi della Regola 16b-3 e il prezzo 猫 stato di $1,26 per azione. Dopo il ritenuto fiscale, il Sig. Srini detiene in via benefica 1.338.459 azioni.
Il Modulo 4 猫 stato firmato da Sarah Alexander per procura il 03/09/2025. La comunicazione documenta un鈥檕perazione interna di ritenuta fiscale legata alla maturazione delle RSU, non una vendita sul mercato aperto n茅 una nuova assegnazione.
Koushik Srini, Presidente de Tecnolog铆a en Rackspace Technology, Inc. (RXT), notific贸 una transacci贸n con fecha 01/09/2025. El registro muestra que se dispusieron 28.438 acciones mediante retenci贸n para cubrir impuestos sobre unidades de acciones restringidas que vencieron; la operaci贸n est谩 identificada como exenta bajo la Norma 16b-3 y tuvo un precio de $1,26 por acci贸n. Tras la retenci贸n, el Sr. Srini posee de forma beneficiaria 1.338.459 acciones.
El Formulario 4 fue firmado por Sarah Alexander por poder el 03/09/2025. La declaraci贸n documenta una retenci贸n fiscal interna por la consolidaci贸n de RSU y no una venta en el mercado abierto ni una nueva concesi贸n.
Rackspace Technology, Inc.(RXT) 旮办垹齑濌磩 靷灔 Koushik Srini臧� 2025-09-01鞛� 瓯半灅毳� 氤搓碃頄堨姷雼堧嫟. 鞝滌稖靹滊鞐� 霐半ゴ氅� 28,438欤缄皜 靹戈笀 鞗愳矞歆曥垬(withholding)毳� 鞙勴暣 觳橂秳霅橃棃鞙茧┌ 鞚措姅 頇曥爼霅� 鞝滍暅欤检嫕雼渼(RSU)鞚� 靹戈笀 於╇嫻鞚� 鞙勴暅 觳橂秳鞛呺媹雼�. 頃措嫻 瓯半灅電� Rule 16b-3鞐� 霐半澕 氅挫牅搿� 攵勲霅橃棃瓿� 欤茧嫻 臧�瓴╈潃 $1.26鞓�鞀惦媹雼�. 鞗愳矞歆曥垬 頉� Srini 鞌姅 1,338,459欤�毳� 靷嫟靸� 氤挫湢頃橁碃 鞛堨姷雼堧嫟.
Form 4電� 2025-09-03鞐� Sarah Alexander臧� 鞙勳瀯鞛レ潉 韱淀暣 靹滊獏頄堨姷雼堧嫟. 鞚� 瓿奠嫓電� 瓿店皽鞁滌灔 毵り皝鞚措倶 鞁犼窚 攵�鞐皜 鞎勲媹霛� RSU 靹膘垯鞐� 霐半ジ 雮措秬 靹戈笀 鞗愳矞歆曥垬 臁办箻鞛勳潉 旮半頃╇媹雼�.
Koushik Srini, Pr茅sident Technologie chez Rackspace Technology, Inc. (RXT), a d茅clar茅 une transaction dat茅e du 01/09/2025. Le dossier indique que 28 438 actions ont 茅t茅 c茅d茅es via withholding pour couvrir l鈥檌mp么t sur des restricted stock units devenues acquises聽; la transaction est identifi茅e comme exon茅r茅e en vertu de la r猫gle 16b-3 et s鈥檈st effectu茅e au prix de 1,26 $ par action. Apr猫s cette retenue, M. Srini d茅tient 脿 titre b茅n茅ficiaire 1 338 459 actions.
Le formulaire 4 a 茅t茅 sign茅 par Sarah Alexander par procuration le 03/09/2025. La divulgation documente une op茅ration interne de retenue fiscale li茅e 脿 la vesting des RSU, et non une vente sur le march茅 ouvert ni une nouvelle attribution.
Koushik Srini, President Technology bei Rackspace Technology, Inc. (RXT), meldete eine Transaktion vom 01.09.2025. Die Einreichung zeigt, dass 28.438 Aktien durch Einbehaltung (withholding) ver盲u脽ert wurden, um Steuern auf gevestete Restricted Stock Units zu begleichen; die Transaktion ist gem盲脽 Rule 16b-3 als ausgenommen gekennzeichnet und hatte einen Preis von $1,26 je Aktie. Nach der Einbehaltung besitzt Herr Srini wirtschaftlich 1.338.459 Aktien.
Das Formular 4 wurde am 03.09.2025 von Sarah Alexander per Vollmacht unterzeichnet. Die Offenlegung dokumentiert eine interne Steuer-Einbehaltungsma脽nahme bei der RSU-Vesting, nicht einen Verkauf am offenen Markt oder eine neue Zuteilung.
- Continued substantial ownership: Reporting person retains 1,338,459 shares, maintaining alignment with shareholders
- Transaction is administrative: Withholding for tax on RSU vesting is exempt under Rule 16b-3, not an open-market sale
- Shares disposed (withheld): 28,438 shares were surrendered to satisfy tax withholding obligations
- Nominal dilution of holdings: The reported disposal reduces the reporting person鈥檚 absolute share count
Insights
TL;DR: Officer withheld shares to cover RSU taxes; ownership remains substantial and the transaction is routine.
This Form 4 records a common, administrative disposition: shares withheld to satisfy tax withholding obligations on vested restricted stock units. The filing cites the Rule 16b-3 exemption, indicating the transfer is part of compensatory equity arrangements rather than a discretionary market sale. The officer still retains a material equity position of 1,338,459 shares, which aligns incentives with shareholders. No unexpected leadership change or new compensation arrangement is disclosed.
TL;DR: Disposal reflects tax withholding on RSUs at $1.26; not an active divestiture, limited market impact expected.
The report shows 28,438 shares were withheld at an effective price of $1.26 to cover tax liabilities arising from RSU vesting. Because the transaction is a withholding rather than an open-market sale, it does not indicate intent to reduce ownership for liquidity or diversification. Reported beneficial ownership remains at 1,338,459 shares, preserving alignment with corporate performance. This is a routine filing with low informational novelty for investors.
Koushik Srini, Presidente della Tecnologia presso Rackspace Technology, Inc. (RXT), ha comunicato una transazione datata 01/09/2025. La documentazione indica che 28.438 azioni sono state cedute tramite withholding per soddisfare le imposte sulle restricted stock unit maturate; la transazione 猫 qualificata come esente ai sensi della Regola 16b-3 e il prezzo 猫 stato di $1,26 per azione. Dopo il ritenuto fiscale, il Sig. Srini detiene in via benefica 1.338.459 azioni.
Il Modulo 4 猫 stato firmato da Sarah Alexander per procura il 03/09/2025. La comunicazione documenta un鈥檕perazione interna di ritenuta fiscale legata alla maturazione delle RSU, non una vendita sul mercato aperto n茅 una nuova assegnazione.
Koushik Srini, Presidente de Tecnolog铆a en Rackspace Technology, Inc. (RXT), notific贸 una transacci贸n con fecha 01/09/2025. El registro muestra que se dispusieron 28.438 acciones mediante retenci贸n para cubrir impuestos sobre unidades de acciones restringidas que vencieron; la operaci贸n est谩 identificada como exenta bajo la Norma 16b-3 y tuvo un precio de $1,26 por acci贸n. Tras la retenci贸n, el Sr. Srini posee de forma beneficiaria 1.338.459 acciones.
El Formulario 4 fue firmado por Sarah Alexander por poder el 03/09/2025. La declaraci贸n documenta una retenci贸n fiscal interna por la consolidaci贸n de RSU y no una venta en el mercado abierto ni una nueva concesi贸n.
Rackspace Technology, Inc.(RXT) 旮办垹齑濌磩 靷灔 Koushik Srini臧� 2025-09-01鞛� 瓯半灅毳� 氤搓碃頄堨姷雼堧嫟. 鞝滌稖靹滊鞐� 霐半ゴ氅� 28,438欤缄皜 靹戈笀 鞗愳矞歆曥垬(withholding)毳� 鞙勴暣 觳橂秳霅橃棃鞙茧┌ 鞚措姅 頇曥爼霅� 鞝滍暅欤检嫕雼渼(RSU)鞚� 靹戈笀 於╇嫻鞚� 鞙勴暅 觳橂秳鞛呺媹雼�. 頃措嫻 瓯半灅電� Rule 16b-3鞐� 霐半澕 氅挫牅搿� 攵勲霅橃棃瓿� 欤茧嫻 臧�瓴╈潃 $1.26鞓�鞀惦媹雼�. 鞗愳矞歆曥垬 頉� Srini 鞌姅 1,338,459欤�毳� 靷嫟靸� 氤挫湢頃橁碃 鞛堨姷雼堧嫟.
Form 4電� 2025-09-03鞐� Sarah Alexander臧� 鞙勳瀯鞛レ潉 韱淀暣 靹滊獏頄堨姷雼堧嫟. 鞚� 瓿奠嫓電� 瓿店皽鞁滌灔 毵り皝鞚措倶 鞁犼窚 攵�鞐皜 鞎勲媹霛� RSU 靹膘垯鞐� 霐半ジ 雮措秬 靹戈笀 鞗愳矞歆曥垬 臁办箻鞛勳潉 旮半頃╇媹雼�.
Koushik Srini, Pr茅sident Technologie chez Rackspace Technology, Inc. (RXT), a d茅clar茅 une transaction dat茅e du 01/09/2025. Le dossier indique que 28 438 actions ont 茅t茅 c茅d茅es via withholding pour couvrir l鈥檌mp么t sur des restricted stock units devenues acquises聽; la transaction est identifi茅e comme exon茅r茅e en vertu de la r猫gle 16b-3 et s鈥檈st effectu茅e au prix de 1,26 $ par action. Apr猫s cette retenue, M. Srini d茅tient 脿 titre b茅n茅ficiaire 1 338 459 actions.
Le formulaire 4 a 茅t茅 sign茅 par Sarah Alexander par procuration le 03/09/2025. La divulgation documente une op茅ration interne de retenue fiscale li茅e 脿 la vesting des RSU, et non une vente sur le march茅 ouvert ni une nouvelle attribution.
Koushik Srini, President Technology bei Rackspace Technology, Inc. (RXT), meldete eine Transaktion vom 01.09.2025. Die Einreichung zeigt, dass 28.438 Aktien durch Einbehaltung (withholding) ver盲u脽ert wurden, um Steuern auf gevestete Restricted Stock Units zu begleichen; die Transaktion ist gem盲脽 Rule 16b-3 als ausgenommen gekennzeichnet und hatte einen Preis von $1,26 je Aktie. Nach der Einbehaltung besitzt Herr Srini wirtschaftlich 1.338.459 Aktien.
Das Formular 4 wurde am 03.09.2025 von Sarah Alexander per Vollmacht unterzeichnet. Die Offenlegung dokumentiert eine interne Steuer-Einbehaltungsma脽nahme bei der RSU-Vesting, nicht einen Verkauf am offenen Markt oder eine neue Zuteilung.
FAQ
What did Rackspace (RXT) officer Koushik Srini report on Form 4?
How many shares does Koushik Srini beneficially own after the transaction?
What was the price associated with the withheld shares?
Why were the shares disposed of according to the filing?
Who signed the Form 4 and when was it filed?
