Rackspace officer plans sale of 107K shares

Rackspace officer Dharmendra Kumar Sinha plans a Rule 144 sale mainly to cover tax withholding from vested restricted stock units.

Rhea-AI Filing Summary

Rackspace Technology, Inc. (RXT) officer Dharmendra Kumar Sinha filed a notice of proposed sale of up to 107,002 shares of common stock under Rule 144 through Morgan Stanley Smith Barney LLC, with an aggregate market value of $322,076.02 as of the filing. The shares relate to the vesting of restricted stock units, and the sale is estimated to satisfy tax withholding obligations. Rackspace reports 254,872,850 shares outstanding, and Sinha previously sold 111,642 shares on June 4, 2026.

Key Figures

Shares proposed for sale: 107,002 shares Aggregate market value of proposed sale: $322,076.02 Shares outstanding: 254,872,850 shares +5 more

8 metrics

Shares proposed for sale 107,002 shares Common stock to be sold under Rule 144 through Morgan Stanley Smith Barney LLC

Aggregate market value of proposed sale $322,076.02 Value associated with 107,002 Rackspace common shares

Shares outstanding 254,872,850 shares Rackspace common stock outstanding as referenced in the securities information

Shares from RSU vesting 205,320 shares Common stock acquired September 1, 2026 via vesting of restricted stock units from the issuer

Shares sold in past 3 months 111,642 shares Common stock sold by Dharmendra Kumar Sinha on June 4, 2026

Proceeds from prior sale $620,729.52 Aggregate proceeds from 111,642 shares sold June 4, 2026

Planned sale date September 2, 2026 Intended date of proposed Rule 144 sale

RSU vesting date September 1, 2026 Date securities were acquired via vesting of restricted stock units

Key Terms

Rule 144, restricted stock units, tax withholding obligations, aggregate market value, +1 more

5 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

"sold for the purpose of satisfying tax withholding obligations in connection"

aggregate market value financial

"COMMON STOCK | ... | 322076.02 | 254872850"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

power of attorney regulatory

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

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?

Rackspace Technology (RXT) discloses that officer Dharmendra Kumar Sinha plans to sell up to 107,002 shares of common stock under Rule 144 through Morgan Stanley Smith Barney LLC, primarily in connection with the vesting of restricted stock units and related tax withholding obligations.

How many Rackspace (RXT) shares are proposed to be sold and at what value?

The notice covers a proposed sale of up to 107,002 Rackspace common shares with an indicated aggregate market value of $322,076.02. These figures come from the Rule 144 securities information section for common stock listed on NASDAQ.

What is the purpose of Dharmendra Kumar Sinha’s planned RXT share sale?

The remarks state the sale involves estimated shares to be sold to satisfy tax withholding obligations in connection with the vesting of restricted stock units previously granted to Dharmendra Kumar Sinha.

How many Rackspace (RXT) shares did Dharmendra Kumar Sinha sell in the past 3 months?

The filing lists a prior transaction where Dharmendra Kumar Sinha sold 111,642 shares of Rackspace common stock on June 4, 2026 for $620,729.52 in aggregate proceeds during the past three months.

How many Rackspace (RXT) shares are outstanding according to this notice?

Rackspace reports 254,872,850 shares of common stock outstanding in the securities information section associated with this Rule 144 notice, providing context for the relative size of the proposed sale.

What new Rackspace (RXT) shares are related to the vesting of restricted stock units?

The securities-to-be-sold section notes 205,320 shares of common stock acquired on September 1, 2026 through the vesting of restricted stock units from the issuer, with a planned sale date of September 2, 2026.

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

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Available on EDGAR 09/02/2026 - 09:26 PM Accepted by SEC EDGAR 09/02/2026 - 09:25 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	0001593839
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	SINHA DHARMENDRA KUMAR
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 San Antonio TX 78258	107002	322076.02	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			205320	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
Dharmendra Kumar Sinha 19122 US Hwy 281 N, Suite 127 San Antonio TX 78258	COMMON STOCK	06/04/2026	111642	620729.52

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	09/14/2023
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 Dharmendra Kumar Sinha
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)