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Rackspace director granted 40,545 RSUs

Rackspace Technology director Aaron F. Sobel was granted 40,545 RSUs that vest in full at the next annual meeting or after one year of continued board service.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Rackspace Technology, Inc. (symbol: RXT) is the issuer of record for a Form 4 filing submitted to the SEC. Sobel Aaron F. reported acquisition or exercise transactions in this Form 4 filing.

Rackspace Technology, Inc. (RXT) reported that director Aaron F. Sobel received a grant of 40,545 restricted stock units (RSUs) of common stock on September 15, 2026 under the company’s Non-Employee Director Compensation Policy. Each RSU represents one share and all 40,545 shares will vest on the earlier of the next annual stockholders’ meeting or the one-year anniversary of the grant date, contingent on his continued board service. No Rule 10b5-1 trading plan is reported for this award.

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Insider Sobel Aaron F.
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 40,545 $0.00 $0.00
Holdings After Transaction: Common Stock — 40,545 shares (Direct)
Footnotes (1)
  1. F1. Represents a pro-rated 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.
RSUs granted 40,545 units Restricted stock units granted to director Aaron F. Sobel on September 15, 2026
Price per RSU $0.00 per unit Equity award granted with no cash price per share as director compensation
Shares after transaction 40,545 shares Total common shares (via RSUs) held directly by Aaron F. Sobel after the grant
Vesting period cap 1 year RSUs vest on the earlier of the next annual stockholders’ meeting or one year from grant
restricted stock units financial
"Represents a pro-rated grant of restricted stock units ("RSUs") under"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Non-Employee Director Compensation Policy financial
"grant of restricted stock units ("RSUs") under the Non-Employee Director Compensation Policy"
Section 16b-3 regulatory
"under the Non-Employee Director Compensation Policy of the Issuer in a transaction exempt under Section 16b-3"
annual meeting of stockholders financial
"will vest on the earlier of (a) the next subsequent annual meeting of stockholders"

FAQ

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

What insider transaction did Rackspace Technology (RXT) report for Aaron F. Sobel?

Rackspace Technology reported that director Aaron F. Sobel received a grant of 40,545 restricted stock units of common stock on September 15, 2026 as compensation under the Non-Employee Director Compensation Policy.

What are the vesting terms of the 40,545 RSUs granted by RXT to Aaron F. Sobel?

The 40,545 RSUs granted to Aaron F. Sobel will vest in full 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 his continued board service.

How many Rackspace Technology (RXT) shares does Aaron F. Sobel hold after this Form 4 transaction?

After the reported grant, Aaron F. Sobel holds 40,545 shares of Rackspace Technology common stock directly, corresponding to the 40,545 restricted stock units awarded in this transaction.

Did Rackspace Technology (RXT) report any purchase or sale of shares by Aaron F. Sobel in this Form 4?

No purchases or sales were reported. The Form 4 shows an acquisition through a grant of 40,545 restricted stock units, categorized as a grant, award, or other acquisition, with no open-market buy or sell transactions.

Is the RSU grant to Aaron F. Sobel under a Rule 10b5-1 trading plan at RXT?

No. The filing indicates the Rule 10b5-1 checkbox is not selected, so no Rule 10b5-1 trading plan is reported in connection with this RSU grant to Aaron F. Sobel.

What does each RSU granted by Rackspace Technology (RXT) to Aaron F. Sobel represent?

Each restricted stock unit in this grant represents the right to receive one share of Rackspace Technology common stock upon vesting, as long as Aaron F. Sobel remains a member of the board of directors through the vesting date.

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

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Learn about SEC filing dates
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*
Sobel Aaron F.

(Last)(First)(Middle)
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)
09/15/2026
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 Stock09/15/2026A40,545A$040,545(1)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents a pro-rated 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 for Aaron Sobel09/17/2026
** 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)

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