Key facts
- This page summarizes Brian Lillie's Form 4 filing for Rackspace Technology, Inc. (RXT).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 05 Dec 2024, 21:15.
Brian Lillie - 03 Dec 2024 Form 4 Insider Report for Rackspace Technology, Inc. (RXT)
- Reporting relationship
- EVP, President Private Cloud
- Issuer ticker
- RXT
- Reported as of
- 03 Dec 2024
- Net transaction value
- -$51,219
- SEC form
- 4
- Accepted by SEC
- 05 Dec 2024, 21:15:52 UTC
- Prior SEC filing
- 22 Nov 2024
- Next SEC filing
- 21 Nov 2025
- Source filing
- View source filing
- Reporting owner signature
- /s/ Sarah Alexander, by power of attorney from Brian Lillie
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Brian Lillie filed Form 4 for Rackspace Technology, Inc. (RXT) on 05 Dec 2024.
Change
- Previous filing in this sequence was filed on 22 Nov 2024.
- Current net transaction value: -$51,219.
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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
RXT
transaction
Common Stock
Sale
- Transaction value
- $51,219
- Shares
- -20,165
- Change %
- -1%
- Price
- $2.54
- Shares after
- 1,987,623
- Date
- 03 Dec 2024
- Ownership
- Direct
- Footnotes
- F1, F2, F3, F4
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Rule 10b5-1 trading plan
These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.
Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).
Explanation of responses 4 footnotes
Footnote F1
This transaction was executed in multiple trades at prices ranging from $2.44 to $2.67 between 12/3/2024 and 12/5/2024. 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.
Footnote F2
This transaction was made pursuant to a Rule 10b5-1 trading plan in the form of a durable sell-to-cover instruction adopted by the reporting person on September 15, 2023. The trading plan provides for the automatic sale of shares of common stock necessary to satisfy the reporting person's tax withholding obligations incurred in connection with the vesting or settlement of restricted stock units.
Footnote F3
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.
Footnote F4
Includes the acquisition of 500 shares of common stock on November 15, 2024 pursuant to the Issuer's Employee Stock Purchase Plan (ESPP) in a transaction exempt under Rule 16b-3(c).