Rackspace officer may sell $108K in stock for taxes

Officer Kellie Teal-Guess files a Rule 144 notice to sell Rackspace common stock primarily to cover tax withholding from vested restricted stock units.

Rhea-AI Filing Summary

Rackspace Technology, Inc. (RXT) received a notice under Rule 144 that Kellie Teal-Guess, an officer of the company, may sell common stock through Morgan Stanley Smith Barney LLC. The notice covers 33,558 shares of common stock, with an indicated aggregate market value of $108,392.34 and a reported issuer share count of 254,872,850 shares outstanding as of the notice. The shares relate to stock acquired on September 1, 2026 in connection with the vesting of restricted stock units, with 80,763 shares shown in that vesting entry. The filer also reports a prior sale of 33,966 shares of common stock on June 4, 2026 for proceeds of $188,850.96. The remarks state that the shares to be sold are estimated to satisfy tax withholding obligations tied to previously granted restricted stock units.

Key Figures

Shares to be sold under Rule 144: 33,558 shares Aggregate market value of planned sale: $108,392.34 Issuer shares outstanding: 254,872,850 shares +3 more

6 metrics

Shares to be sold under Rule 144 33,558 shares Common stock covered by the Rule 144 notice for Kellie Teal-Guess

Aggregate market value of planned sale $108,392.34 Value of 33,558 Rackspace common shares listed in the Rule 144 notice

Issuer shares outstanding 254,872,850 shares Rackspace common shares outstanding as referenced in the securities information section

Shares from RSU vesting entry 80,763 shares Shares shown in connection with vesting of restricted stock units on September 1, 2026

Prior 3‑month sale shares 33,966 shares Common shares sold on June 4, 2026 reported in the three‑month sale history

Proceeds from prior sale $188,850.96 Total proceeds from June 4, 2026 sale of 33,966 shares

Key Terms

Rule 144, restricted stock units, tax withholding obligations, power of attorney

4 terms

Rule 144 regulatory

"See the definition of "person" in paragraph (a) of Rule 144."

Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.

restricted stock units financial

"vesting of restricted stock units previously granted to the reporting person."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

tax withholding obligations financial

"estimated shares to be sold for the purpose of satisfying tax withholding obligations"

power of attorney regulatory

"Signature | /s/ Sarah Alexander, as power of attorney for Kellie"

A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.

FAQ

What does Rackspace Technology (RXT) disclose in this Form 144 filing?

The filing states that officer Kellie Teal-Guess has filed a Rule 144 notice to sell 33,558 shares of Rackspace common stock through a broker, largely to cover tax withholding obligations from vested restricted stock units.

How many Rackspace (RXT) shares are covered by the planned Rule 144 sale?

The notice lists 33,558 shares of common stock to be sold, with an aggregate market value of $108,392.34, to be executed through Morgan Stanley Smith Barney LLC on the NASDAQ market.

What restricted stock unit activity is reported for Rackspace (RXT) in this filing?

The securities-to-be-sold section shows stock acquired from the vesting of restricted stock units on September 1, 2026, with an entry of 80,763 shares and a planned sale date of September 8, 2026.

What prior sales of Rackspace (RXT) shares are disclosed for the past three months?

The filing reports that Kellie Teal-Guess sold 33,966 shares of Rackspace common stock on June 4, 2026, with total proceeds of $188,850.96, as part of the three-month sale history required by Rule 144.

Why are Rackspace (RXT) shares being sold according to the remarks?

The remarks state that the shares to be sold are estimated to satisfy tax withholding obligations in connection with the vesting of restricted stock units that were previously granted to the reporting person.

How many Rackspace (RXT) shares are reported outstanding in this notice?

The securities information section lists 254,872,850 shares of Rackspace common stock as outstanding, providing context for the size of the planned Rule 144 sale relative to the issuer’s total share count.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/08/2026 - 09:20 PM Accepted by SEC EDGAR 09/08/2026 - 09:20 PM Learn about SEC filing dates

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001977413
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Rackspace Technology, Inc.
SEC File Number	001-39420
Address of Issuer	19122 US HIGHWAY 281N SUITE 127 SAN ANTONIO TEXAS 78258
Phone	1-800-961-4454
Name of Person for Whose Account the Securities are To Be Sold	TEAL-GUESS KELLIE
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
COMMON STOCK	Morgan Stanley Smith Barney LLC Executive Financial Services 1 NEW YORK PLAZA 8TH FLOOR New York NY 10004	33558	108392.34	254872850	09/08/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
COMMON STOCK	09/01/2026	vesting of restricted stock units	ISSUER			80763	09/08/2026	not applicable (securities acquired in connection with the vesting of restricted stock units)

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Kellie Teal-Guess 19122 US HWY 281 SUITE 127 SAN ANTONIO TX 78258	COMMON STOCK	06/04/2026	33966	188850.96

144: Remarks and Signature

Remarks	estimated shares to be sold for the purpose of satisfying tax withholding obligations in connection with the vesting of restricted stock units previously granted to the reporting person.
Date of Notice	09/08/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	09/12/2023
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Sarah Alexander, as power of attorney for Kellie Teal-Guess
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)