STOCK TITAN
  1. Home
  2. Sec-filings
  3. RXT
  4. [Form 4] Rackspace Technology, Inc. Insider Trading Activity

Rackspace Board Member Anthony Roberts Increases Stake Despite Tax-Related Sale

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Rackspace Technology Director Anthony C. Roberts reported two significant transactions on June 20, 2025:

  • Acquired 75,471 restricted stock units (RSUs) as part of the Non-Employee Director Compensation Policy at $0 cost
  • Disposed of 24,416 shares at $1.20 per share through tax withholding on vested RSUs

The newly granted RSUs will vest at the earlier of: (a) the next annual stockholder meeting after the grant date, or (b) the one-year anniversary of the grant date, contingent on Roberts maintaining his board position. Following these transactions, Roberts directly owns 212,985 shares of common stock. The share withholding transaction was executed under Rule 16b-3 exemption for tax purposes.

Positive

  • None.

Negative

  • None.
Insider Roberts Anthony C.
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 75,471 $0.00 --
Tax Withholding Common Stock 24,416 $1.20 $29K
Holdings After Transaction: Common Stock — 237,401 shares (Direct)
Footnotes (1)
  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. Represents shares withheld by the Issuer to satisfy withholding tax liability incident to the vesting of restricted stock units in a transaction exempt under Rule 16b-3.
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*
Roberts Anthony C.
(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 $0 237,401 D
Common Stock 06/20/2025 F(2) 24,416(2) D $1.2 212,985 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.
2. Represents shares withheld by the Issuer to satisfy withholding tax liability incident to the vesting of restricted stock units in a transaction exempt under Rule 16b-3.
Remarks:
/s/ Sarah Alexander, by power of attorney from Anthony Roberts 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.

Source: View Original Filing on SEC EDGAR

FAQ

How many RXT shares did Director Anthony Roberts receive in RSUs on June 20, 2025?

Director Anthony Roberts received 75,471 restricted stock units (RSUs) on June 20, 2025, as part of Rackspace Technology's Non-Employee Director Compensation Policy.

When will Anthony Roberts' RXT RSUs vest?

The RSUs will vest on the earlier of (a) the next subsequent annual meeting of stockholders following the June 20, 2025 grant date, or (b) the one-year anniversary of the grant date, provided Roberts remains on Rackspace's board of directors through the vesting date.

How many RXT shares were withheld for tax purposes from Anthony Roberts' transaction?

24,416 shares were withheld by Rackspace Technology to satisfy withholding tax liability related to the vesting of restricted stock units, at a price of $1.20 per share.

What is Anthony Roberts' total RXT share ownership after the June 20, 2025 transactions?

Following the reported transactions, Anthony Roberts directly owns 212,985 shares of Rackspace Technology (RXT) common stock.