DHARMENDRA KUMAR SINHA - 16 Mar 2024 Form 4 Insider Report for Rackspace Technology, Inc. (RXT)

Role
EVP, President, Public Cloud
Signature
/s/ Sarah Alexander, by power of attorney from Dharmendra Kumar Sinha
Issuer symbol
RXT
Transactions as of
16 Mar 2024
Net transactions value
-$191,396
Form type
4
Filing time
19 Mar 2024, 20:59:55 UTC
Previous filing
30 Nov 2023
Next filing
20 May 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RXT Common Stock Tax liability $191,396 -120,375 -5.4% $1.59 2,095,862 16 Mar 2024 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

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.
F2 Includes the acquisition of 500 shares of common stock on December 31, 2023 pursuant to the Issuer's Employee Stock Purchase Plan (ESPP) in a transaction exempt under Rule 16b-3(c).