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STOCK TITAN

[Form 4] Rackspace Technology, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

Rackspace Technology, Inc. (RXT) � Form 4 insider filing

Director Mitchell Alan Garber reported the grant of 75,471 restricted stock units (RSUs) on 20 June 2025 under the company’s Non-Employee Director Compensation Policy. Each RSU converts into one common share upon vesting. The award vests on the earlier of the next annual shareholder meeting or the first anniversary of the grant date, providing the director remains on the board.

Following this grant, Garber’s direct beneficial ownership rises to 373,860 common shares. The transaction was coded “A� (acquisition) at $0 cost, indicating a compensatory award rather than an open-market purchase.

The filing discloses no derivative transactions, sales, or 10b5-1 trading plans. As a routine director equity grant, the event does not materially affect Rackspace’s capital structure or near-term financial outlook but modestly aligns director incentives with shareholder value.

Rackspace Technology, Inc. (RXT) � Comunicazione interna Form 4

Il direttore Mitchell Alan Garber ha comunicato la concessione di 75.471 unità azionarie vincolate (RSU) il 20 giugno 2025, secondo la politica di compensazione per direttori non dipendenti della società. Ogni RSU si trasforma in una azione ordinaria al momento del consolidamento. L'assegnazione si consolida alla prima tra la prossima assemblea annuale degli azionisti o il primo anniversario della data di assegnazione, a condizione che il direttore rimanga nel consiglio.

Dopo questa assegnazione, la posizione diretta di Garber sale a 373.860 azioni ordinarie. L’operazione è stata classificata come “A� (acquisizione) a costo zero, indicando un premio compensativo e non un acquisto sul mercato aperto.

La comunicazione non segnala transazioni derivate, vendite o piani di trading 10b5-1. Essendo una normale assegnazione azionaria per direttori, l’evento non incide in modo significativo sulla struttura del capitale di Rackspace né sulle prospettive finanziarie a breve termine, ma allinea modestamente gli incentivi del direttore al valore per gli azionisti.

Rackspace Technology, Inc. (RXT) � Presentación interna Formulario 4

El director Mitchell Alan Garber reportó la concesión de 75,471 unidades de acciones restringidas (RSU) el 20 de junio de 2025 bajo la política de compensación para directores no empleados de la empresa. Cada RSU se convierte en una acción común al momento de su consolidación. La adjudicación se consolida en la primera de la próxima reunión anual de accionistas o el primer aniversario de la fecha de concesión, siempre que el director permanezca en la junta.

Tras esta concesión, la posesión directa de Garber aumenta a 373,860 acciones comunes. La transacción fue codificada como “A� (adquisición) a costo cero, indicando un premio compensatorio en lugar de una compra en el mercado abierto.

La presentación no revela transacciones derivadas, ventas ni planes de negociación 10b5-1. Como una concesión rutinaria de acciones para directores, el evento no afecta materialmente la estructura de capital de Rackspace ni sus perspectivas financieras a corto plazo, pero alinea modestamente los incentivos del director con el valor para los accionistas.

Rackspace Technology, Inc. (RXT) � 내부� 신고� Form 4

이사 Mitchell Alan Garber� 2025� 6� 20� 회사� 비임� 이사 보상 정책� 따라 75,471개의 제한 주식 단위(RSU) 부�� 보고했습니다. � RSU� 권리 확정 � 1� 보통주로 전환됩니�. � 보상은 다음 연례 주주총회 또는 부여일로부� 1� � 빠른 시점� 권리 확정되며, 이사가 이사회에 계속 재직 중인 경우� 한합니다.

이번 부� � Garber� 직접 소유 보통� 수는 373,860주로 증가했습니다. 거래� ‘A�(취득)� 분류되었으며 비용은 0달러�, 공개 시장에서� 매수가 아닌 보상� 부여임� 나타냅니�.

신고서에� 파생 거래, 매도, 또는 10b5-1 거래 계획� 포함되어 있지 않습니다. 통상적인 이사 주식 부여로� 이번 사건은 Rackspace� 자본 구조� 단기 재무 전망� 중대� 영향� 미치지 않으�, 이사� 인센티브� 주주 가치와 소폭 일치시킵니다.

Rackspace Technology, Inc. (RXT) � Déclaration d’initié Formulaire 4

Le directeur Mitchell Alan Garber a déclaré l�octroi de 75 471 unités d’actions restreintes (RSU) le 20 juin 2025, conformément à la politique de rémunération des administrateurs non salariés de la société. Chaque RSU se convertit en une action ordinaire lors de la levée des restrictions. L’attribution devient acquise à la première date entre la prochaine assemblée annuelle des actionnaires ou le premier anniversaire de la date d’octroi, à condition que le directeur reste au conseil.

Suite à cette attribution, la possession directe de Garber s’élève à 373 860 actions ordinaires. La transaction a été codée « A » (acquisition) à coût nul, indiquant une attribution compensatoire et non un achat sur le marché libre.

La déclaration ne révèle aucune transaction dérivée, vente ou plan de trading 10b5-1. En tant qu’attribution d’actions habituelle pour un administrateur, cet événement n’affecte pas significativement la structure du capital de Rackspace ni ses perspectives financières à court terme, mais aligne modérément les incitations du directeur avec la valeur pour les actionnaires.

Rackspace Technology, Inc. (RXT) � Form 4 Insider-Meldung

Direktor Mitchell Alan Garber meldete am 20. Juni 2025 die Zuteilung von 75.471 Restricted Stock Units (RSUs) gemäß der Vergütungsrichtlinie für nicht-geschäftsführende Direktoren des Unternehmens. Jede RSU wandelt sich bei Vesting in eine Stammaktie um. Die Zuteilung erfolgt zum früheren Zeitpunkt der nächsten jährlichen Hauptversammlung oder dem ersten Jahrestag der Gewährung, vorausgesetzt, der Direktor bleibt im Vorstand.

Nach dieser Zuteilung steigt Garbers direkter wirtschaftlicher Anteil auf 373.860 Stammaktien. Die Transaktion wurde als „A� (Erwerb) mit 0 $ Kosten codiert, was auf eine Vergütungszuteilung und keinen Kauf am freien Markt hinweist.

Die Meldung enthält keine derivativen Transaktionen, Verkäufe oder 10b5-1 Handelspläne. Als routinemäßige Aktienzuteilung an Direktoren wirkt sich das Ereignis nicht wesentlich auf die Kapitalstruktur von Rackspace oder die kurzfristigen finanziellen Aussichten aus, sondern richtet die Anreize des Direktors moderat am Aktionärswert aus.

Positive
  • None.
Negative
  • None.

Insights

TL;DR: Routine RSU grant; neutral impact, minor alignment of incentives.

The Form 4 shows a standard annual equity award to non-employee director Mitchell Garber. The 75,471 RSUs—roughly a few hundred thousand dollars at current prices—represent incentive alignment but do not signal insider conviction via open-market buying. Post-grant ownership of 373,860 shares is unchanged economically because the award has a one-year vesting condition and no cash outlay.

There is no sale activity or 10b5-1 plan, so the filing poses no dilution risk and carries minimal informational value for investors assessing RXT’s fundamentals. Overall, the disclosure is neutral with negligible impact on valuation or market sentiment.

Rackspace Technology, Inc. (RXT) � Comunicazione interna Form 4

Il direttore Mitchell Alan Garber ha comunicato la concessione di 75.471 unità azionarie vincolate (RSU) il 20 giugno 2025, secondo la politica di compensazione per direttori non dipendenti della società. Ogni RSU si trasforma in una azione ordinaria al momento del consolidamento. L'assegnazione si consolida alla prima tra la prossima assemblea annuale degli azionisti o il primo anniversario della data di assegnazione, a condizione che il direttore rimanga nel consiglio.

Dopo questa assegnazione, la posizione diretta di Garber sale a 373.860 azioni ordinarie. L’operazione è stata classificata come “A� (acquisizione) a costo zero, indicando un premio compensativo e non un acquisto sul mercato aperto.

La comunicazione non segnala transazioni derivate, vendite o piani di trading 10b5-1. Essendo una normale assegnazione azionaria per direttori, l’evento non incide in modo significativo sulla struttura del capitale di Rackspace né sulle prospettive finanziarie a breve termine, ma allinea modestamente gli incentivi del direttore al valore per gli azionisti.

Rackspace Technology, Inc. (RXT) � Presentación interna Formulario 4

El director Mitchell Alan Garber reportó la concesión de 75,471 unidades de acciones restringidas (RSU) el 20 de junio de 2025 bajo la política de compensación para directores no empleados de la empresa. Cada RSU se convierte en una acción común al momento de su consolidación. La adjudicación se consolida en la primera de la próxima reunión anual de accionistas o el primer aniversario de la fecha de concesión, siempre que el director permanezca en la junta.

Tras esta concesión, la posesión directa de Garber aumenta a 373,860 acciones comunes. La transacción fue codificada como “A� (adquisición) a costo cero, indicando un premio compensatorio en lugar de una compra en el mercado abierto.

La presentación no revela transacciones derivadas, ventas ni planes de negociación 10b5-1. Como una concesión rutinaria de acciones para directores, el evento no afecta materialmente la estructura de capital de Rackspace ni sus perspectivas financieras a corto plazo, pero alinea modestamente los incentivos del director con el valor para los accionistas.

Rackspace Technology, Inc. (RXT) � 내부� 신고� Form 4

이사 Mitchell Alan Garber� 2025� 6� 20� 회사� 비임� 이사 보상 정책� 따라 75,471개의 제한 주식 단위(RSU) 부�� 보고했습니다. � RSU� 권리 확정 � 1� 보통주로 전환됩니�. � 보상은 다음 연례 주주총회 또는 부여일로부� 1� � 빠른 시점� 권리 확정되며, 이사가 이사회에 계속 재직 중인 경우� 한합니다.

이번 부� � Garber� 직접 소유 보통� 수는 373,860주로 증가했습니다. 거래� ‘A�(취득)� 분류되었으며 비용은 0달러�, 공개 시장에서� 매수가 아닌 보상� 부여임� 나타냅니�.

신고서에� 파생 거래, 매도, 또는 10b5-1 거래 계획� 포함되어 있지 않습니다. 통상적인 이사 주식 부여로� 이번 사건은 Rackspace� 자본 구조� 단기 재무 전망� 중대� 영향� 미치지 않으�, 이사� 인센티브� 주주 가치와 소폭 일치시킵니다.

Rackspace Technology, Inc. (RXT) � Déclaration d’initié Formulaire 4

Le directeur Mitchell Alan Garber a déclaré l�octroi de 75 471 unités d’actions restreintes (RSU) le 20 juin 2025, conformément à la politique de rémunération des administrateurs non salariés de la société. Chaque RSU se convertit en une action ordinaire lors de la levée des restrictions. L’attribution devient acquise à la première date entre la prochaine assemblée annuelle des actionnaires ou le premier anniversaire de la date d’octroi, à condition que le directeur reste au conseil.

Suite à cette attribution, la possession directe de Garber s’élève à 373 860 actions ordinaires. La transaction a été codée « A » (acquisition) à coût nul, indiquant une attribution compensatoire et non un achat sur le marché libre.

La déclaration ne révèle aucune transaction dérivée, vente ou plan de trading 10b5-1. En tant qu’attribution d’actions habituelle pour un administrateur, cet événement n’affecte pas significativement la structure du capital de Rackspace ni ses perspectives financières à court terme, mais aligne modérément les incitations du directeur avec la valeur pour les actionnaires.

Rackspace Technology, Inc. (RXT) � Form 4 Insider-Meldung

Direktor Mitchell Alan Garber meldete am 20. Juni 2025 die Zuteilung von 75.471 Restricted Stock Units (RSUs) gemäß der Vergütungsrichtlinie für nicht-geschäftsführende Direktoren des Unternehmens. Jede RSU wandelt sich bei Vesting in eine Stammaktie um. Die Zuteilung erfolgt zum früheren Zeitpunkt der nächsten jährlichen Hauptversammlung oder dem ersten Jahrestag der Gewährung, vorausgesetzt, der Direktor bleibt im Vorstand.

Nach dieser Zuteilung steigt Garbers direkter wirtschaftlicher Anteil auf 373.860 Stammaktien. Die Transaktion wurde als „A� (Erwerb) mit 0 $ Kosten codiert, was auf eine Vergütungszuteilung und keinen Kauf am freien Markt hinweist.

Die Meldung enthält keine derivativen Transaktionen, Verkäufe oder 10b5-1 Handelspläne. Als routinemäßige Aktienzuteilung an Direktoren wirkt sich das Ereignis nicht wesentlich auf die Kapitalstruktur von Rackspace oder die kurzfristigen finanziellen Aussichten aus, sondern richtet die Anreize des Direktors moderat am Aktionärswert aus.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
Garber Mitchell Alan

(Last) (First) (Middle)
C/O RACKSPACE TECHNOLOGY, INC.
1718 DRY CREEK WAY, SUITE 115

(Street)
SAN ANTONIO TX 78259

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Rackspace Technology, Inc. [ RXT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
06/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/20/2025 A 75,471(1) A $0 373,860 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents a grant of restricted stock units ("RSUs") under the Non-Employee Director Compensation Policy of the Issuer in a transaction exempt under Section 16b-3. Each RSU represents the right to receive one share of common stock of Rackspace Technology, Inc. upon vesting. The shares underlying the RSUs will vest on the earlier of (a) the next subsequent annual meeting of stockholders following the grant date or (b) the one year anniversary of the grant date, subject to the reporting person remaining a member of the Issuer's board of directors through such date.
Remarks:
/s/ Sarah Alexander, by power of attorney from Mitchell Garber 06/23/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
Rackspace Technology, Inc.

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Software - Infrastructure
Services-computer Programming, Data Processing, Etc.
United States
SAN ANTONIO