Gajakarnan Vibushanan Kandiah - 04 Sep 2025 Form 4 Insider Report for Rackspace Technology, Inc. (RXT)

Role
Chief Executive Officer, Director
Signature
/s/ Sarah Alexander, by power of attorney from Gajakarnan Vibushanan Kandiah
Issuer symbol
RXT
Transactions as of
04 Sep 2025
Transactions value $
$0
Form type
4
Filing time
08 Sep 2025, 18:11:24 UTC
Previous filing
08 Sep 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Kandiah Gajakarnan Vibushanan Chief Executive Officer, Director 1718 DRY CREEK WAY, SUITE 115, SAN ANTONIO /s/ Sarah Alexander, by power of attorney from Gajakarnan Vibushanan Kandiah 08 Sep 2025 0001684713

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction RXT Common Stock Award $0 +4M $0.00 4M 04 Sep 2025 Direct F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction RXT Stock Option (right to buy) Award $0 +6M $0.00 6M 04 Sep 2025 Common Stock 6M $1.30 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 In accordance with Nasdaq Listing Rule 5635(c)(4), the RSUs and stock options were an inducement material to Mr. Kandiah's entering into employment with the Company. The awards were approved by a majority of the independent members of the Company's board of directors outside of the Company's shareholder-approved equity incentive plan.
F2 Grant of restricted stock units ("RSUs") in a transaction exempt under Section 16b-3. The RSUs vest in equal annual installments (25%) on each of September 3, 2026, 2027, 2028 and 2029, generally subject to Mr. Kandiah's continued employment through the respective vesting dates. Each RSU represents the right to receive, at settlement, one share of common stock.
F3 The stock options vest in equal annual installments (25%) on each of September 3, 2026, 2027, 2028 and 2029, generally subject to Mr. Kandiah's continued employment through the respective vesting dates.