Rackspace Board Member Jeffrey Benjamin Granted $2.5M in Stock Compensation

Rhea-AI Filing Summary

Jeffrey D. Benjamin, Director at Rackspace Technology, received a grant of 94,338 restricted stock units (RSUs) on June 20, 2025, as part of the company's Non-Employee Director Compensation Policy. The transaction was reported in a Form 4 filing.

Key details of the RSU grant:

• The RSUs were granted at $0 exercise price
• Following the transaction, Benjamin owns 565,162 shares directly
• The RSUs will vest at the earlier of:
  • The next annual stockholders meeting after grant date
  • One-year anniversary of grant date (June 20, 2026)

Vesting is contingent on Benjamin maintaining his board position through the vesting date. The transaction was exempt under Section 16b-3, and the filing was signed by Sarah Alexander via power of attorney.

Positive

• Director Jeffrey Benjamin received 94,338 RSUs as part of standard board compensation, maintaining significant alignment with shareholder interests through total holdings of 565,162 shares

Negative

• None.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider BENJAMIN JEFFREY D

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	94,338	$0.00	--

Holdings After Transaction: Common Stock — 565,162 shares (Direct)

Footnotes (1)

1. [object Object]

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^*

BENJAMIN JEFFREY D

(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		94,338(1)	A	$0	565,162	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 Jeffrey Benjamin	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.

FAQ

How many RXT shares did Jeffrey Benjamin acquire on June 20, 2025?

Jeffrey Benjamin acquired 94,338 restricted stock units (RSUs) of RXT common stock on June 20, 2025, as part of his compensation as a non-employee director.

What is the vesting schedule for RXT RSUs granted to Jeffrey Benjamin?

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 Benjamin remaining a member of RXT's board of directors through such date.

How many RXT shares does Jeffrey Benjamin own after the June 20, 2025 transaction?

Following the reported transaction, Jeffrey Benjamin beneficially owns 565,162 shares of RXT common stock directly.

What was the purchase price of RXT RSUs granted to Jeffrey Benjamin?

The RSUs were granted at $0 cost to Jeffrey Benjamin as part of Rackspace Technology's Non-Employee Director Compensation Policy in a transaction exempt under Section 16b-3.

What is Jeffrey Benjamin's role at RXT?

Jeffrey Benjamin serves as a Director on the Board of Directors of Rackspace Technology, Inc. (RXT).