RXT Form 3: Kandiah Vibushanan Named CEO and Director, No Holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Kandiah Gajakarnan Vibushanan filed an initial Form 3 reporting his relationship to Rackspace Technology, Inc. (RXT). The filing, dated 09/03/2025, lists him as both Chief Executive Officer and a Director. The statement discloses that no securities are beneficially owned by the reporting person as of the event date. The form is signed by Sarah Alexander by power of attorney on behalf of the reporting person on 09/08/2025. The filing contains no ownership lines in Table I or II and therefore reports zero equity holdings in the issuer at this time.
Positive
- Named Chief Executive Officer and Director of Rackspace Technology on 09/03/2025
- Form 3 filed, establishing required Section 16 disclosure and improving transparency
Negative
- No securities beneficially owned as of the filing date, meaning 0 shares reported
- Power-of-attorney signature rather than direct signature from the reporting person
FAQ
What does Rackspace (RXT) Form 3 filed on 09/03/2025 disclose?
The Form 3 discloses that Kandiah G. Vibushanan is reported as Chief Executive Officer and Director and that he currently beneficially owns 0 securities of Rackspace.
Who signed the Form 3 for Kandiah G. Vibushanan on behalf of the reporting person?
The form was signed by Sarah Alexander by power of attorney for Kandiah Vibushanan on 09/08/2025.
Does the filing list any stock options, warrants, or other derivative holdings?
No. Both Table I (non-derivative) and Table II (derivative) contain no reported holdings; the filing states no securities are beneficially owned.
Is this Form 3 an individual filing or a joint filing?
The filing is by one reporting person, as indicated on the form.
What is the significance of filing a Form 3 under Section 16?
A Form 3 is the initial disclosure required for officers/directors reporting their beneficial ownership; this filing shows the officer has completed that disclosure and reported 0 shares.