Rackspace (RXT) director Mitchell Garber receives 37,950 RSU equity grant

Rhea-AI Filing Summary

Rackspace Technology, Inc. director Mitchell Alan Garber received an equity grant in the form of restricted stock units. He was awarded 37,950 RSUs of common stock at no cash cost, increasing his direct holdings to 411,810 shares. Each RSU converts into one share upon vesting. The RSUs vest on the earlier of the next annual stockholder meeting or one year from the grant date, as long as he continues serving on the board.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Garber Mitchell Alan

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	37,950	$0.00	--

Holdings After Transaction: Common Stock — 411,810 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 37,950 units Grant price per share: $0.0000 per share Total shares after grant: 411,810 shares +1 more

4 metrics

RSUs granted 37,950 units Grant of restricted stock units to director

Grant price per share $0.0000 per share Equity award under director compensation policy

Total shares after grant 411,810 shares Beneficial ownership following reported transaction

Vesting condition Earlier of next annual meeting or one year RSU vesting schedule tied to continued board service

Key Terms

restricted stock units ("RSUs"), Non-Employee Director Compensation Policy, Section 16b-3

3 terms

restricted stock units ("RSUs") financial

"Represents a grant of restricted stock units ("RSUs") under the Non-Employee Director Compensation Policy"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

Non-Employee Director Compensation Policy financial

"under the Non-Employee Director Compensation Policy of the Issuer in a transaction exempt under Section 16b-3"

Section 16b-3 regulatory

"under the Non-Employee Director Compensation Policy of the Issuer in a transaction exempt under Section 16b-3"

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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^*

Garber Mitchell Alan

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026

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	06/18/2026		A(1)		37,950(1)	A	$0	411,810	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 Mitchell Garber	06/22/2026
	** 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 Mitchell Alan Garber?

Rackspace Technology reported that director Mitchell Alan Garber received 37,950 restricted stock units as an equity grant. These RSUs were granted at no cash cost and are part of the company’s non-employee director compensation program, increasing his direct beneficial holdings in Rackspace common stock.

How many Rackspace Technology (RXT) shares does Mitchell Alan Garber hold after this Form 4?

After the grant, Mitchell Alan Garber beneficially owns 411,810 shares of Rackspace common stock. This figure includes the 37,950 restricted stock units awarded in the reported transaction, which each represent the right to receive one share upon vesting under the company’s equity plan.

What are the key terms of the RSU grant to Rackspace (RXT) director Mitchell Alan Garber?

Garber’s RSU grant covers 37,950 units, each representing one Rackspace share upon vesting. The RSUs vest on the earlier of the next annual stockholder meeting or the one-year anniversary of the grant date, contingent on his continued service on the board throughout that period.

Was the Rackspace Technology (RXT) RSU grant to Mitchell Alan Garber an open-market purchase?

No, the 37,950 restricted stock units were granted as compensation under Rackspace’s Non-Employee Director Compensation Policy. The Form 4 specifies a grant or award acquisition at a price of $0.0000 per share, rather than an open-market stock purchase transaction on an exchange.

How do the RSUs granted to Rackspace (RXT) director Mitchell Alan Garber vest?

The RSUs vest on the earlier of the next annual meeting of stockholders or one year after the grant date. Vesting requires that Garber remain a member of the Rackspace board of directors through that vesting date, aligning the award with continued board service.