Rackspace HR chief sells shares to cover RSU taxes

Rackspace Technology, Inc. Chief Human Resources Officer Kellie Teal-Guess reported an open-market sale of 21,266 shares of common stock at a weighted average price of $1.81 per share.

Rhea-AI Filing Summary

Rackspace Technology, Inc. Chief Human Resources Officer Kellie Teal-Guess reported an open-market sale of 21,266 shares of common stock at a weighted average price of $1.81 per share. She held 1,022,384 shares directly after the transaction.

The filing explains that the sale was a "sell to cover" transaction made solely to satisfy tax withholding obligations arising from the vesting of previously granted restricted stock units. It was executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 12, 2023, which automatically sells enough shares to cover tax liabilities when restricted stock units vest.

Insider Trade Summary

Net Seller: 21,266 shares

Net Sell 1 txn

Insider TEAL-GUESS KELLIE

Role Chief Human Resources Officer

Sold 21,266 shs ($38K)

Type	Security	Shares	Price	Value
Sale	Common Stock	21,266	$1.81	$38K

Holdings After Transaction: Common Stock — 1,022,384 shares (Direct)

Footnotes (3)

1. F1. 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. F2. 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 12, 2023. The trading plan provides for the automatic sale 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. F3. This transaction was executed in multiple trades at prices ranging from $1.75 to $1.89. 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.

FAQ

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

What insider transaction did Rackspace Technology (RXT) report for Kellie Teal-Guess?

Rackspace Technology reported that Chief Human Resources Officer Kellie Teal-Guess sold 21,266 shares of common stock. The weighted average sale price was $1.81 per share, executed in multiple trades between $1.75 and $1.89 to cover tax withholding from restricted stock unit vesting.

Why did Kellie Teal-Guess sell Rackspace Technology (RXT) shares in this Form 4?

The sale was conducted as a "sell to cover" solely to satisfy tax withholding obligations tied to vesting restricted stock units. This means shares were automatically sold to cover taxes due when previously granted equity awards vested, rather than as a discretionary portfolio sale.

How many Rackspace Technology (RXT) shares does Kellie Teal-Guess hold after the reported sale?

After the reported transaction, Kellie Teal-Guess directly held 1,022,384 shares of Rackspace Technology common stock. This post-transaction balance reflects the reduction of 21,266 shares that were sold to cover tax withholding obligations related to her restricted stock unit vesting.

Was the Rackspace Technology (RXT) insider sale under a Rule 10b5-1 trading plan?

Yes. The filing states the transaction occurred under a Rule 10b5-1 trading plan adopted on September 12, 2023. The plan is a durable sell-to-cover instruction, automatically selling enough shares to meet tax withholding needs when restricted stock units vest or settle.

What price range did the Rackspace Technology (RXT) insider sale cover?

The transaction was executed in multiple trades at prices ranging from $1.75 to $1.89 per share. The Form 4 reports a weighted average sale price of $1.81, with the insider undertaking to provide detailed trade breakdowns upon request to regulators or shareholders.

Is the Rackspace Technology (RXT) insider transaction a discretionary sale or tax-related?

The transaction is described as tax-related rather than discretionary. It is a sell-to-cover sale executed solely to satisfy tax withholding obligations from vesting restricted stock units, carried out automatically under a pre-established Rule 10b5-1 trading plan adopted by the reporting person.

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Accepted by SEC EDGAR 03/02/2026 - 09:13 PM EST Learn about SEC filing dates

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^*

TEAL-GUESS KELLIE

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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	03/02/2026		S(1)(2)		21,266(1)(2)	D	$1.81(3)	1,022,384	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 12, 2023. The trading plan provides for the automatic sale 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 at prices ranging from $1.75 to $1.89. 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 Kellie Teal-Guess	03/02/2026
	** 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.