0001810019-23-000177.txt : 20231220 0001810019-23-000177.hdr.sgml : 20231220 20231220184915 ACCESSION NUMBER: 0001810019-23-000177 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20231218 FILED AS OF DATE: 20231220 DATE AS OF CHANGE: 20231220 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Koushik Srini CENTRAL INDEX KEY: 0001897081 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-39420 FILM NUMBER: 231502478 MAIL ADDRESS: STREET 1: 1 FANATICAL PLACE STREET 2: CITY OF WINDCREST CITY: SAN ANTONIO STATE: TX ZIP: 78218 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Rackspace Technology, Inc. CENTRAL INDEX KEY: 0001810019 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370] ORGANIZATION NAME: 06 Technology IRS NUMBER: 813369925 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1 FANATICAL PLACE STREET 2: CITY OF WINDCREST CITY: SAN ANTONIO STATE: TX ZIP: 78218 BUSINESS PHONE: 1-800-961-4454 MAIL ADDRESS: STREET 1: 1 FANATICAL PLACE STREET 2: CITY OF WINDCREST CITY: SAN ANTONIO STATE: TX ZIP: 78218 FORMER COMPANY: FORMER CONFORMED NAME: Rackspace Corp. DATE OF NAME CHANGE: 20200417 4 1 wk-form4_1703116141.xml FORM 4 X0508 4 2023-12-18 0 0001810019 Rackspace Technology, Inc. RXT 0001897081 Koushik Srini C/O RACKSPACE TECHNOLOGY, INC. 1 FANATICAL PLACE SAN ANTONIO TX 78218 0 1 0 0 Chief Technology Officer 1 Common Stock 2023-12-18 4 S 0 9782 1.74 D 793367 D 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. 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 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. This transaction was executed in multiple trades at prices ranging from $1.72 to $1.74. 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. /s/ Sarah Alexander, by power of attorney from Srinivas Koushik 2023-12-20