Rackspace insider plans sale of 8,258 shares

A Rackspace Technology insider filed a Rule 144 notice to sell shares mainly to satisfy tax withholding from vested restricted stock units.

Rhea-AI Filing Summary

Rackspace Technology, Inc. (RXT) received a notice under Rule 144 that a person associated with the company, Kandiah Gajakarnan Vibushanan, plans to sell common stock primarily to cover tax obligations from equity compensation. The notice indicates a proposed sale of 8,258 shares of common stock through Morgan Stanley Smith Barney LLC Executive Financial Services, with an estimated aggregate market value of $24,856.58 and reference to 254,872,850 shares of common stock outstanding. The shares were acquired on September 1, 2026 upon the vesting of 16,667 restricted stock units, and the sale is noted for September 2, 2026 to satisfy tax withholding obligations.

Key Figures

Shares planned to be sold: 8,258 shares Aggregate market value of planned sale: $24,856.58 Shares outstanding referenced: 254,872,850 shares +3 more

6 metrics

Shares planned to be sold 8,258 shares Estimated shares to be sold under Rule 144 to cover tax withholding

Aggregate market value of planned sale $24,856.58 Value associated with the 8,258 shares in the securities information section

Shares outstanding referenced 254,872,850 shares Common stock outstanding figure referenced in the securities information

Shares acquired via RSU vesting 16,667 shares Common stock acquired on September 1, 2026 from vesting of restricted stock units

RSU vesting date September 1, 2026 Date the restricted stock units vested and shares were acquired

Proposed sale date September 2, 2026 Date of proposed sale and date of notice on the Form 144

Key Terms

Rule 144, restricted stock units, tax withholding obligations

3 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"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing disclose for Rackspace Technology (RXT)?

It discloses that Kandiah Gajakarnan Vibushanan, associated with Rackspace Technology, plans to sell 8,258 shares of common stock under Rule 144, mainly to satisfy tax withholding obligations related to vested restricted stock units.

How many Rackspace Technology (RXT) shares are planned to be sold under this notice?

The notice states an estimated sale of 8,258 shares of Rackspace Technology common stock, with an indicated aggregate market value of $24,856.58 as part of the Rule 144 filing.

What is the reason for the planned share sale in the Rackspace Technology (RXT) Form 144?

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

When were the restricted stock units for the Rackspace Technology (RXT) insider vested and when is the sale noted?

The filing states that 16,667 shares of common stock were acquired on September 1, 2026 upon RSU vesting, and the proposed sale date for 8,258 shares is September 2, 2026.

What share count for Rackspace Technology (RXT) is referenced in the Form 144?

The securities information section references 254,872,850 shares of Rackspace Technology common stock, which serves as the outstanding share figure in the Rule 144 notice context.

Which broker is named for the Rackspace Technology (RXT) Form 144 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 for the proposed sale of Rackspace Technology common stock.

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

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Available on EDGAR 09/02/2026 - 08:09 PM EDT Accepted by SEC EDGAR 09/02/2026 - 08:08 PM EDT 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	0001684713
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	Kandiah Gajakarnan Vibushanan
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
Relationship to Issuer	Director

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	8258	24856.58	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			16667	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

Nothing to Report

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	03/17/2026
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 Gajen Kandiah
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)