Rackspace (RXT) Form 144: Proposed Sale of 40,000 Shares ($57K)

Form 144 notice for Rackspace Technology, Inc. (RXT) reports a proposed sale of 40,000 common shares held as restricted stock acquired 06/14/2024.

Rhea-AI Filing Summary

Form 144 notice for Rackspace Technology, Inc. (RXT) reports a proposed sale of 40,000 common shares held as restricted stock acquired 06/14/2024. The shares have an aggregate market value of $57,184 based on the filing and represent part of the issuer's outstanding common stock of 239,360,677 shares. The broker listed is Morgan Stanley Smith Barney LLC and the sale is scheduled approximately for 09/08/2025 on NASDAQ. The filer states no sales in the prior three months and provides the required representation about absence of undisclosed material adverse information.

Positive

• Disclosure compliance: The filer provides required Rule 144 details including broker, acquisition date, and attestation about material information
• All required sale details present: number of shares (40,000), aggregate value ($57,184), broker (Morgan Stanley Smith Barney), and expected sale date (09/08/2025)

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine insider sale notice; size is immaterial relative to outstanding shares.

The Form 144 documents an intended sale of 40,000 restricted shares acquired 06/14/2024, brokered through Morgan Stanley Smith Barney, with an approximate market value of $57,184 and an expected sale date of 09/08/2025. Given the issuer's 239,360,677 shares outstanding, the proposed sale represents a negligible percentage of the float. The filing fulfills disclosure requirements under Rule 144 and contains no reported prior sales in the last three months.

Corporate Governance Expert

TL;DR: Compliance-focused filing; provides standard attestation about material information.

The notice supplies necessary broker and acquisition details and includes the mandated attestation that the seller is unaware of undisclosed material adverse information. This is a standard governance disclosure confirming adherence to Rule 144 procedures; it does not signal corporate governance changes or operational developments.

FAQ

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

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

The form reports a proposed sale of 40,000 common shares acquired as restricted stock on 06/14/2024, with aggregate market value $57,184.

When is the approximate sale date listed on the RXT Form 144?

The filing lists an approximate sale date of 09/08/2025 on NASDAQ.

Which broker is handling the proposed sale in the RXT Form 144?

The broker named is Morgan Stanley Smith Barney LLC (Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY).

How material is the proposed sale relative to Rackspace's outstanding shares?

The filing shows 239,360,677 shares outstanding; the proposed 40,000 shares represent a negligible percentage of that total.

Did the filer report any securities sold in the past three months?

The Form 144 states Nothing to Report for securities sold during the past three months.

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

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Accepted by SEC EDGAR 09/08/2025 - 04:22 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	0001743306
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 128 San Antonio TEXAS 78258
Phone	1-800-961-4454
Name of Person for Whose Account the Securities are To Be Sold	ANTHONY EDWARD SCOTT
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	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	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	40000	57184.00	239360677	09/08/2025	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	06/14/2024	Restricted Stock	Issuer			40000	06/14/2024	Not Applicable

* 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
Date of Notice	09/08/2025
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/ Anthony Edward Scott
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)