Dharmendra Kumar Sinha - 04 Apr 2025 Form 4 Insider Report for Rackspace Technology, Inc. (RXT)

Signature
/s/ Sarah Alexander, by power of attorney from Dharmendra Kumar Sinha
Issuer symbol
RXT
Transactions as of
04 Apr 2025
Net transactions value
-$63,745
Form type
4
Filing time
03 Jun 2025, 20:58:25 UTC
Previous filing
19 Mar 2025
Next filing
18 Jul 2025

Key filing fact

Dharmendra Kumar Sinha filed Form 4 for Rackspace Technology, Inc. (RXT) on 03 Jun 2025.

Key facts

  • This page summarizes Dharmendra Kumar Sinha's Form 4 filing for Rackspace Technology, Inc. (RXT).
  • 2 reported transactions and 0 derivative rows are listed below.
  • Filing timestamp: 03 Jun 2025, 20:58.

Change

  • Previous filing in this sequence was filed on 19 Mar 2025.
  • Current net transaction value: -$63,745.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Reporting Owners (1)

CIK 0001593839 Primary reporting owner

SINHA DHARMENDRA KUMAR

Relationship
EVP, President, Public Cloud
Address
C/O RACKSPACE TECHNOLOGY, INC., 1718 DRY CREEK WAY, SUITE 115, SAN ANTONIO
Signature
/s/ Sarah Alexander, by power of attorney from Dharmendra Kumar Sinha
Signature date
03 Jun 2025

Transactions Table

RXT transaction

Common Stock

Award

Transaction value
$0
Shares
+801,886
Change %
+38%
Price
$0.000000
Shares after
2,919,341
Date
04 Apr 2025
Ownership
Direct
Footnotes
F1
RXT transaction

Common Stock

Tax liability

Transaction value
$63,745
Shares
-55,917
Change %
-1.9%
Price
$1.14
Shares after
2,863,924
Date
01 Jun 2025
Ownership
Direct
Footnotes
F2, F3
* 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 Grant of restricted stock units ("RSUs") in a transaction exempt under Section 16b-3. RSUs vest in quarterly installments over three years. Each RSU represents the right to receive, at settlement, one share of common stock.
F2 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.
F3 Includes the acquisition of 500 shares of common stock on May 15, 2025 pursuant to the Issuer's Employee Stock Purchase Plan (ESPP) in a transaction exempt under Rule 16b-3(c).
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