SEC Form 4 · accession 0001810019-26-000051
Rackspace Technology, Inc. · RXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dharmendra Kumar Sinha
Officer — EVP, President, Public Cloud
Period of report
Apr 3, 2026
Accepted (ET)
Jun 4, 2026 · 9:37 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0001810019
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Apr 3, 2026 | A | 1,142,473 | $0.00 | A | 3,418,530 | D | |
| Common StockF2,F3,F4 | Jun 4, 2026 | S | 48,099 | $5.56 | D | 3,370,431 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant of restricted stock units ("RSUs") in a transaction exempt under Section 16b-3. RSUs vest in quarterly installments over three years, generally subject to the reporting person's continued employment. Each RSU represents the right to receive, at settlement, one share of common stock.
- F2Reflects 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.
- F3This 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 12, 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.
- F4This transaction was executed in multiple trades. 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.