Rackspace Board Member Gains $75K in Stock Awards Ahead of Next Shareholder Meeting

Rhea-AI Filing Summary

Rackspace Technology director Mark Gross received a grant of 75,471 restricted stock units (RSUs) on June 20, 2025, as part of the company's Non-Employee Director Compensation Policy. Following this transaction, Gross now beneficially owns 168,095 shares directly.

Key details of the RSU grant:

• Transaction was exempt under Section 16b-3
• Each RSU converts to one share of common stock upon vesting
• Vesting occurs at the earlier of: (a) next annual stockholder meeting after grant date, or (b) one-year anniversary of grant date
• Vesting is contingent on continued board service
• RSUs were granted at $0 cost to the director

The Form 4 was filed by Sarah Alexander on behalf of Mark Gross through power of attorney on June 23, 2025.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Gross Mark

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	75,471	$0.00	--

Holdings After Transaction: Common Stock — 168,095 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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^*

Gross Mark

(Last) (First) (Middle)

C/O RACKSPACE TECHNOLOGY, INC.

1718 DRY CREEK WAY, SUITE 115

(Street)

SAN ANTONIO TX 78259

(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)
06/20/2025

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	06/20/2025		A		75,471(1)	A	$0	168,095	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. Represents a grant of restricted stock units ("RSUs") under the Non-Employee Director Compensation Policy of the Issuer in a transaction exempt under Section 16b-3. Each RSU represents the right to receive one share of common stock of Rackspace Technology, Inc. upon vesting. The shares underlying the RSUs will vest on the earlier of (a) the next subsequent annual meeting of stockholders following the grant date or (b) the one year anniversary of the grant date, subject to the reporting person remaining a member of the Issuer's board of directors through such date.

Remarks:

	/s/ Sarah Alexander, by power of attorney from Mark Gross	06/23/2025
	** 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.

FAQ

How many RXT shares did Director Mark Gross acquire on June 20, 2025?

Director Mark Gross acquired 75,471 restricted stock units (RSUs) of RXT on June 20, 2025. Following this transaction, he beneficially owned a total of 168,095 shares directly.

What is the vesting schedule for RXT Director Mark Gross's RSU grant?

The RSUs will vest on the earlier of (a) the next subsequent annual meeting of stockholders following the grant date or (b) the one year anniversary of the grant date, subject to Mark Gross remaining a member of RXT's board of directors through such date.

What was the purchase price of RXT RSUs granted to Director Mark Gross?

The RSUs were granted at $0 cost to Mark Gross as part of Rackspace Technology's Non-Employee Director Compensation Policy in a transaction exempt under Section 16b-3.

Who filed the Form 4 for RXT Director Mark Gross?

The Form 4 was filed by Sarah Alexander on behalf of Mark Gross, acting under power of attorney, and was signed on June 23, 2025.