Amar Maletira - Nov 24, 2023 Form 4 Insider Report for Rackspace Technology, Inc. (RXT)

Role
Chief Executive Officer, Director
Signature
/s/ Sarah Alexander, by power of attorney from Amar Maletira
Stock symbol
RXT
Transactions as of
Nov 24, 2023
Transactions value $
-$143,653
Form type
4
Date filed
11/24/2023, 05:51 PM
Previous filing
Sep 29, 2023
Next filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RXT Common Stock Sale -$144K -111K -2.31% $1.30 4.68M Nov 24, 2023 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 This transaction was executed in multiple trades at prices ranging from $1.30 to $1.35. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC, the Issuer or a security holder of the Issuer.