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  4. [Form 4] Rackspace Technology, Inc. Insider Trading Activity

Rackspace Technology (RXT) director sells shares near $4.25

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Scott Anthony, a director of Rackspace Technology, Inc., reported selling 48,780 shares of common stock on August 14, 2026 in a sale classified as an open market or private transaction. The weighted average sale price was $4.2549 per share, with individual trade prices ranging from $4.22 to $4.30. Following these transactions, Anthony directly holds 180,215 shares of Rackspace common stock. The Rule 10b5-1 trading-plan checkbox was not marked as applicable.

Positive

  • None.

Negative

  • None.
Insider Scott Anthony
Role Director
Sold 48,780 shs ($208K)
Type Security Shares Price Value
Sale Common Stock F1 48,780 $4.2549 $208K
Holdings After Transaction: Common Stock — 180,215 shares (Direct)
Footnotes (1)
  1. F1. This transaction was executed in multiple trades at prices ranging from $4.22 to $4.30. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC, the Issuer or a security holder of the Issuer.
Shares sold 48,780 shares Common stock sold on August 14, 2026 by director Scott Anthony
Weighted average sale price $4.2549 per share Average price for the August 14, 2026 sale transactions
Trade price range $4.22–$4.30 per share Price range for multiple trades executed on August 14, 2026
Shares held after transaction 180,215 shares Direct holdings of Rackspace common stock following the reported sale
Net shares sold 48,780 shares Net sell direction across all reported transactions in this Form 4
weighted average sale price financial
"The price reported above reflects the weighted average sale price."
open market or private transaction financial
"transaction code description indicates a sale in open market or private transaction"
Rule 10b5-1 regulatory
"The Rule 10b5-1 trading-plan checkbox was not marked as applicable."
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
beneficial ownership financial
"provide full information regarding the number of shares and prices at which the transactions were effected"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

FAQ

What insider transaction did Rackspace Technology (RXT) director Scott Anthony report?
Scott Anthony reported a sale of 48,780 shares of Rackspace Technology common stock on August 14, 2026. The sale was reported as an open market or private transaction, with multiple trades executed within a narrow price range on that date.

At what price did Scott Anthony sell Rackspace Technology (RXT) shares on August 14, 2026?
The reported weighted average sale price was $4.2549 per share, with individual trades executed between $4.22 and $4.30. The price figure reflects the average across multiple trades, as noted in the accompanying footnote.

How many Rackspace Technology (RXT) shares does Scott Anthony hold after the reported sale?
After the August 14, 2026 sale, Scott Anthony directly holds 180,215 shares of Rackspace Technology common stock. This post-transaction holding reflects the remaining position disclosed in the Form 4 filing for this reporting person.

Was Scott Anthony’s Rackspace Technology (RXT) share sale made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox was not marked as applicable, and there is no footnote stating the sale was under a Rule 10b5-1 trading plan. The filing instead describes a standard open market or private transaction.

How many Rackspace Technology (RXT) shares did Scott Anthony sell in total in this Form 4?
The Form 4 reports that Scott Anthony sold a total of 48,780 shares of Rackspace Technology common stock. These sales were executed in multiple trades on August 14, 2026, as detailed and qualified by the transaction footnote.

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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Scott Anthony
(Last)(First)(Middle)
C/O RACKSPACE TECHNOLOGY, INC.
19122 US HWY 281 N, SUITE 127
(Street)
SAN ANTONIO TEXAS 78258-7667
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Rackspace Technology, Inc. [ RXT ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/14/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/14/2026S48,780D$4.2549(1)180,215D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This transaction was executed in multiple trades at prices ranging from $4.22 to $4.30. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide full information regarding the number of shares and prices at which the transactions were effected upon request to the SEC, the Issuer or a security holder of the Issuer.
Remarks:
/s/ Sarah Alexander, by power of attorney from Anthony Scott08/17/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR