RXT Form 4: Director Scott Anthony Disposes of 40,000 Shares

Rhea-AI Filing Summary

Scott Anthony, a director of Rackspace Technology, Inc. (RXT), reported the sale of 40,000 shares of the company's common stock on 09/08/2025. The transactions were executed in multiple trades at prices ranging from $1.41 to $1.45, with a weighted average sale price of $1.43. After the sale, the reporting person beneficially owned 191,045 shares on a direct basis. The Form 4 was signed under power of attorney by Sarah Alexander.

Positive

• Transaction fully disclosed with weighted average price and price range, enhancing transparency
• Significant continuing ownership: the reporting person still directly owns 191,045 shares after the sale

Negative

• Insider sale of 40,000 shares reduces the director's stake
• Sale executed at low absolute price (weighted average $1.43), which may attract investor attention

Insights

Securities Analyst

TL;DR: Routine director sale of 40,000 RXT shares at a $1.43 weighted average; remaining direct holding is 191,045 shares.

The disclosed transaction is a straightforward insider disposition that reduces the director's direct stake but leaves a sizeable continuing holding. The filing provides sufficient execution detail, including the price range and weighted average, which aids transparency. This type of disclosure is typically neutral for valuation absent other company-specific news or larger, unexpected insider patterns.

Corporate Governance Expert

TL;DR: Compliance appears proper: sale reported on Form 4 with price details and power-of-attorney signature.

The Form 4 indicates compliance with Section 16 reporting rules. The use of a power of attorney for signature is noted and the explanatory footnote commits to provide trade-level details on request. From a governance perspective, the filing raises no immediate red flags, as it documents the sale, price range, and residual ownership clearly.

Insider Trade Summary

Net Seller: 40,000 shares

Net Sell 1 txn

Insider Scott Anthony

Role Director

Sold 40,000 shs ($57K)

Type	Security	Shares	Price	Value
Sale	Common Stock	40,000	$1.43	$57K

Holdings After Transaction: Common Stock — 191,045 shares (Direct)

Footnotes (1)

1. F1. This transaction was executed in multiple trades at prices ranging from $1.41 to $1.45. The price reported in the table 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.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 09/08/2025 - 06:11 PM Learn about SEC filing dates

FAQ

What insider activity did Rackspace Technology (RXT) report on 09/08/2025?

The Form 4 reports that director Scott Anthony sold 40,000 shares of RXT common stock on 09/08/2025.

At what price were the RXT shares sold by the director?

The transactions occurred at prices ranging from $1.41 to $1.45, with a weighted average sale price of $1.43.

How many RXT shares does the reporting person own after the sale?

After the reported sale the reporting person beneficially owned 191,045 shares on a direct basis.

Who signed the Form 4 for Scott Anthony?

The Form 4 was signed by Sarah Alexander by power of attorney for Scott Anthony on 09/08/2025.

Were the sales executed in a single trade or multiple trades?

The filing states the transaction was executed in multiple trades and provides a weighted average price; detailed trade-level counts are available upon request.

SEC Form 4

FORM 4

UNITED 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.

1718 DRY CREEK WAY, SUITE 115

(Street)

SAN ANTONIO TX 78259-1837

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Rackspace Technology, Inc. [ RXT ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/08/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/08/2025		S		40,000	D	$1.43(1)	191,045	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was executed in multiple trades at prices ranging from $1.41 to $1.45. The price reported in the table 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 Scott	09/08/2025
	** Signature of Reporting Person	Date
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.