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