Key facts
- This page summarizes Dharmendra Kumar Sinha's Form 4 filing for Rackspace Technology, Inc. (RXT).
- 1 reported transaction and 0 derivative rows are listed below.
- Filing timestamp: 18 Jul 2025, 18:42.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Tax liability
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).
| 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. |