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

Reporting relationship: Chief Executive Officer, Director
Issuer ticker: RXT
Reported as of: 04 Sep 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 08 Sep 2025, 18:11:24 UTC
Prior SEC filing: 08 Sep 2025
Next SEC filing: 04 Jun 2026
Source filing: View source filing
Reporting owner signature: /s/ Sarah Alexander, by power of attorney from Gajakarnan Vibushanan Kandiah

Key filing fact

Gajakarnan Vibushanan Kandiah filed Form 4 for Rackspace Technology, Inc. (RXT) on 08 Sep 2025.

Key facts

This page summarizes Gajakarnan Vibushanan Kandiah's Form 4 filing for Rackspace Technology, Inc. (RXT).
2 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 08 Sep 2025, 18:11.

Change

Previous filing in this sequence was filed on 08 Sep 2025.
Current net transaction value: $0.

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.

View source filing

Reporting Owners (1)

CIK 0001684713 Primary reporting owner

Kandiah Gajakarnan Vibushanan

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

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

RXT transaction

Common Stock

Award

Transaction value: $0
Shares: +4,000,000
Change %
Price: $0.000000
Shares after: 4,000,000
Date: 04 Sep 2025
Ownership: Direct
Footnotes: F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

RXT transaction Derivative

Stock Option (right to buy)

Award

Transaction value: $0
Shares: +6,000,000
Change %
Price: $0.000000
Shares after: 6,000,000
Date: 04 Sep 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 6,000,000
Exercise price: $1.30
Footnotes: F1, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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.

Footnote 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.

Footnote 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.