Rackspace officer plans sale of 30K shares

Rackspace Technology officer Mark A. Marino filed a Rule 144 notice to sell shares largely tied to RSU vesting and related tax withholding.

Rhea-AI Filing Summary

Rackspace Technology, Inc. (RXT) received a Rule 144 notice that officer Mark A. Marino plans to sell common stock through Morgan Stanley Smith Barney LLC. The notice lists 30,186 shares of common stock with an aggregate market value of $93,576.60, with sales expected on September 2, 2026 on NASDAQ. The shares relate to the vesting of 67,205 restricted stock units on September 1, 2026, and the filer notes the sales are estimated to satisfy tax withholding obligations. Over the prior three months, Marino reported sales of 19,837 shares for $58,519.15 and 48,099 shares for $267,430.44.

Key Figures

Shares indicated for sale: 30,186 shares Aggregate market value of indicated sale: $93,576.60 Shares acquired via RSU vesting: 67,205 shares +3 more

6 metrics

Shares indicated for sale 30,186 shares Common stock listed in the Form 144 Securities Information section

Aggregate market value of indicated sale $93,576.60 Value associated with the 30,186 shares of common stock

Shares acquired via RSU vesting 67,205 shares Common stock acquired on September 1, 2026 from vesting of restricted stock units

Recent sale on September 2, 2026 19,837 shares for $58,519.15 Securities sold during the past three months

Recent sale on June 4, 2026 48,099 shares for $267,430.44 Securities sold during the past three months

Date of Notice September 2, 2026 Date the Form 144 notice was signed and filed

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

"for the purpose of satisfying tax withholding obligations in connection with the vesting"

power of attorney regulatory

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

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 the Form 144 filing disclose for Rackspace Technology, Inc. (RXT)?

It discloses that officer Mark A. Marino plans to sell Rackspace Technology common stock under Rule 144, with an indicated 30,186 shares and aggregate market value of $93,576.60, primarily related to the vesting of restricted stock units and associated tax withholding.

How many Rackspace Technology (RXT) shares are tied to RSU vesting in this notice?

The notice states that 67,205 shares of Rackspace Technology common stock were acquired on September 1, 2026 in connection with the vesting of restricted stock units previously granted to Mark A. Marino.

How many Rackspace Technology (RXT) shares are expected to be sold under this Form 144?

The Form 144 lists 30,186 shares of Rackspace Technology common stock with an aggregate market value of $93,576.60, to be sold through Morgan Stanley Smith Barney LLC, with a proposed sale date of September 2, 2026 on NASDAQ.

What prior Rackspace Technology (RXT) stock sales by Mark A. Marino are reported?

Over the past three months, the notice reports sales of 19,837 shares of Rackspace Technology common stock for $58,519.15 on September 2, 2026 and 48,099 shares for $267,430.44 on June 4, 2026.

Why are the Rackspace Technology (RXT) shares being sold according to the Form 144 remarks?

The remarks state that the shares are an estimated amount to be sold for the purpose of satisfying tax withholding obligations arising from the vesting of restricted stock units previously granted to Mark A. Marino.

Who is the broker involved in the planned Rackspace Technology (RXT) share sale?

The notice lists Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, 8th Floor, New York, NY, as the broker handling the planned sale of Rackspace Technology common stock.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 09/02/2026 - 09:32 PM Accepted by SEC EDGAR 09/02/2026 - 09:32 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	0001892103
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	Marino Mark A.
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	30186	93576.60	254872850	09/02/2026	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			67205	09/02/2026	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
Mark Marino 19122 US HWY 281 SUITE 127 San Antonio TX 78258	COMMON STOCK	09/02/2026	19837	58519.15
Mark Marino 19122 US HWY 281 SUITE 127 SAN ANTONIO TX 78258	COMMON STOCK	06/04/2026	48099	267430.44

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	09/02/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	09/12/2013
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 Mark Marino
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)