Tax-cover share sale by Rackspace Technology (RXT) EVP Sinha

Rhea-AI Filing Summary

Rackspace Technology EVP Dharmendra Kumar Sinha reported an open-market sale of 188,123 shares of common stock at a weighted average price of $1.81 per share. According to the disclosure, the shares were sold solely to cover tax withholding obligations from vesting restricted stock units, under an automatic Rule 10b5-1 sell-to-cover plan adopted on September 14, 2023. Following this tax-related transaction, Sinha directly owns 2,276,057 shares of Rackspace Technology common stock.

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).

X

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^*

SINHA DHARMENDRA KUMAR

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, President, Public Cloud

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/18/2026

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

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/18/2026		S(1)(2)		188,123(1)(2)	D	$1.81(3)	2,276,057	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. Reflects the number of shares of common stock that were sold in a "sell to cover" transaction for the sole purpose of satisfying tax withholding obligations in connection with the vesting of restricted stock units previously granted to the reporting person.

2. This transaction was made pursuant to a Rule 10b5-1 trading plan in the form of a durable sell-to-cover instruction adopted by the reporting person on September 14, 2023. The trading plan provides for the automatic disposition of shares of common stock necessary to satisfy the reporting person's tax withholding obligations incurred in connection with the vesting or settlement of restricted stock units.

3. This transaction was executed in multiple trades. 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 Dharmendra Kumar Sinha	03/18/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Rackspace Technology (RXT) report for Dharmendra Kumar Sinha?

Rackspace Technology reported that EVP Dharmendra Kumar Sinha sold 188,123 shares of common stock at a weighted average price of $1.81 per share. The sale was tied to tax withholding on vesting restricted stock units under an automatic Rule 10b5-1 plan.

Why did Rackspace EVP Dharmendra Kumar Sinha sell 188,123 RXT shares?

The 188,123 Rackspace shares were sold solely to satisfy tax withholding obligations from vesting restricted stock units previously granted to Sinha. The transaction followed a pre-arranged Rule 10b5-1 sell-to-cover plan designed to automatically dispose of enough shares to cover those taxes.

Was Dharmendra Kumar Sinha’s Rackspace share sale under a Rule 10b5-1 trading plan?

Yes. The disclosure states the transaction was made under a Rule 10b5-1 trading plan in the form of a durable sell-to-cover instruction adopted on September 14, 2023. The plan automatically sells shares needed to meet Sinha’s tax withholding obligations from RSU vesting.

How many Rackspace (RXT) shares does Dharmendra Kumar Sinha own after this Form 4 sale?

After selling 188,123 shares, Dharmendra Kumar Sinha directly owns 2,276,057 shares of Rackspace common stock. This position reflects his holdings following the tax-related, Rule 10b5-1 governed sell-to-cover transaction tied to restricted stock unit vesting.

How was the sale price for Dharmendra Kumar Sinha’s Rackspace shares determined?

The sale was executed in multiple trades, and the reported $1.81 figure represents the weighted average sale price. The filing notes Sinha will provide detailed trade information, including individual prices and share amounts, upon request to the SEC, Rackspace, or any shareholder.