STOCK TITAN

[Form 4] Rackspace Technology, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
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.

Jeffrey D. Benjamin, Direttore presso Rackspace Technology, ha ricevuto una concessione di 94.338 unità azionarie vincolate (RSU) il 20 giugno 2025, nell'ambito della Politica di Compensazione per i Direttori Non-Dipendenti della società. La transazione è stata riportata in un modulo Form 4.

Dettagli principali della concessione delle RSU:

  • Le RSU sono state concesse con prezzo di esercizio pari a 0$
  • Dopo la transazione, Benjamin detiene direttamente 565.162 azioni
  • Le RSU matureranno alla prima delle seguenti date:
    • La prossima assemblea annuale degli azionisti dopo la data di concessione
    • Il primo anniversario della data di concessione (20 giugno 2026)

La maturazione dipende dal mantenimento da parte di Benjamin della sua posizione nel consiglio fino alla data di maturazione. La transazione è stata esente ai sensi della Sezione 16b-3, e il modulo è stato firmato da Sarah Alexander tramite procura.

Jeffrey D. Benjamin, Director en Rackspace Technology, recibió una concesión de 94,338 unidades restringidas de acciones (RSU) el 20 de junio de 2025, como parte de la Política de Compensación para Directores No Empleados de la empresa. La transacción fue reportada en una presentación Formulario 4.

Detalles clave de la concesión de RSU:

  • Las RSU se otorgaron con un precio de ejercicio de $0
  • Después de la transacción, Benjamin posee directamente 565,162 acciones
  • Las RSU se consolidarán en la fecha que ocurra primero entre:
    • La próxima reunión anual de accionistas después de la fecha de concesión
    • El primer aniversario de la fecha de concesión (20 de junio de 2026)

La consolidación depende de que Benjamin mantenga su puesto en la junta hasta la fecha de consolidación. La transacción estuvo exenta bajo la Sección 16b-3, y la presentación fue firmada por Sarah Alexander mediante poder notarial.

제프리 D. 벤자민, 랙스페이스 테크놀로지 이사님은 2025년 6월 20일 회사의 비임원 이사 보상 정책에 따라 94,338 제한 주식 단위(RSU)를 부여받았습니다. 이 거래는 Form 4 신고서에 보고되었습니다.

RSU 부여의 주요 내용:

  • RSU는 행사가격 $0로 부여됨
  • 거래 후 벤자민은 직접 565,162주를 보유함
  • RSU는 다음 중 빠른 날짜에 베스팅됨:
    • 부여일 이후 다음 연례 주주총회
    • 부여일 1주년 (2026년 6월 20일)

베스팅은 벤자민이 베스팅일까지 이사회 직위를 유지하는 것에 달려 있습니다. 이 거래는 섹션 16b-3에 따라 면제되었으며, 서류는 Sarah Alexander가 위임장을 통해 서명했습니다.

Jeffrey D. Benjamin, Directeur chez Rackspace Technology, a reçu une attribution de 94 338 unités d'actions restreintes (RSU) le 20 juin 2025, dans le cadre de la politique de rémunération des administrateurs non salariés de la société. La transaction a été déclarée dans un formulaire 4.

Détails clés de l'attribution des RSU :

  • Les RSU ont été attribuées avec un prix d'exercice de 0 $
  • Après la transaction, Benjamin détient directement 565 162 actions
  • Les RSU seront acquises à la date la plus proche entre :
    • La prochaine assemblée générale annuelle des actionnaires après la date d'attribution
    • Le premier anniversaire de la date d'attribution (20 juin 2026)

L'acquisition est conditionnée au maintien par Benjamin de sa fonction au conseil d'administration jusqu'à la date d'acquisition. La transaction était exonérée en vertu de la Section 16b-3, et le dépôt a été signé par Sarah Alexander par procuration.

Jeffrey D. Benjamin, Direktor bei Rackspace Technology, erhielt am 20. Juni 2025 eine Zuteilung von 94.338 Restricted Stock Units (RSUs) im Rahmen der Vergütungspolitik für nicht-geschäftsführende Direktoren des Unternehmens. Die Transaktion wurde in einer Form 4-Meldung gemeldet.

Wichtige Details zur RSU-Zuteilung:

  • Die RSUs wurden zu einem Ausübungspreis von 0 $ gewährt
  • Nach der Transaktion besitzt Benjamin direkt 565.162 Aktien
  • Die RSUs werden zum früheren Zeitpunkt von:
    • Der nächsten jährlichen Hauptversammlung nach dem Gewährungsdatum
    • Dem einjährigen Jubiläum des Gewährungsdatums (20. Juni 2026)

Die Vesting-Bedingung ist, dass Benjamin seine Vorstandsfunktion bis zum Vesting-Datum beibehält. Die Transaktion war gemäß Abschnitt 16b-3 ausgenommen, und die Einreichung wurde von Sarah Alexander per Vollmacht unterschrieben.

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.

Jeffrey D. Benjamin, Direttore presso Rackspace Technology, ha ricevuto una concessione di 94.338 unità azionarie vincolate (RSU) il 20 giugno 2025, nell'ambito della Politica di Compensazione per i Direttori Non-Dipendenti della società. La transazione è stata riportata in un modulo Form 4.

Dettagli principali della concessione delle RSU:

  • Le RSU sono state concesse con prezzo di esercizio pari a 0$
  • Dopo la transazione, Benjamin detiene direttamente 565.162 azioni
  • Le RSU matureranno alla prima delle seguenti date:
    • La prossima assemblea annuale degli azionisti dopo la data di concessione
    • Il primo anniversario della data di concessione (20 giugno 2026)

La maturazione dipende dal mantenimento da parte di Benjamin della sua posizione nel consiglio fino alla data di maturazione. La transazione è stata esente ai sensi della Sezione 16b-3, e il modulo è stato firmato da Sarah Alexander tramite procura.

Jeffrey D. Benjamin, Director en Rackspace Technology, recibió una concesión de 94,338 unidades restringidas de acciones (RSU) el 20 de junio de 2025, como parte de la Política de Compensación para Directores No Empleados de la empresa. La transacción fue reportada en una presentación Formulario 4.

Detalles clave de la concesión de RSU:

  • Las RSU se otorgaron con un precio de ejercicio de $0
  • Después de la transacción, Benjamin posee directamente 565,162 acciones
  • Las RSU se consolidarán en la fecha que ocurra primero entre:
    • La próxima reunión anual de accionistas después de la fecha de concesión
    • El primer aniversario de la fecha de concesión (20 de junio de 2026)

La consolidación depende de que Benjamin mantenga su puesto en la junta hasta la fecha de consolidación. La transacción estuvo exenta bajo la Sección 16b-3, y la presentación fue firmada por Sarah Alexander mediante poder notarial.

제프리 D. 벤자민, 랙스페이스 테크놀로지 이사님은 2025년 6월 20일 회사의 비임원 이사 보상 정책에 따라 94,338 제한 주식 단위(RSU)를 부여받았습니다. 이 거래는 Form 4 신고서에 보고되었습니다.

RSU 부여의 주요 내용:

  • RSU는 행사가격 $0로 부여됨
  • 거래 후 벤자민은 직접 565,162주를 보유함
  • RSU는 다음 중 빠른 날짜에 베스팅됨:
    • 부여일 이후 다음 연례 주주총회
    • 부여일 1주년 (2026년 6월 20일)

베스팅은 벤자민이 베스팅일까지 이사회 직위를 유지하는 것에 달려 있습니다. 이 거래는 섹션 16b-3에 따라 면제되었으며, 서류는 Sarah Alexander가 위임장을 통해 서명했습니다.

Jeffrey D. Benjamin, Directeur chez Rackspace Technology, a reçu une attribution de 94 338 unités d'actions restreintes (RSU) le 20 juin 2025, dans le cadre de la politique de rémunération des administrateurs non salariés de la société. La transaction a été déclarée dans un formulaire 4.

Détails clés de l'attribution des RSU :

  • Les RSU ont été attribuées avec un prix d'exercice de 0 $
  • Après la transaction, Benjamin détient directement 565 162 actions
  • Les RSU seront acquises à la date la plus proche entre :
    • La prochaine assemblée générale annuelle des actionnaires après la date d'attribution
    • Le premier anniversaire de la date d'attribution (20 juin 2026)

L'acquisition est conditionnée au maintien par Benjamin de sa fonction au conseil d'administration jusqu'à la date d'acquisition. La transaction était exonérée en vertu de la Section 16b-3, et le dépôt a été signé par Sarah Alexander par procuration.

Jeffrey D. Benjamin, Direktor bei Rackspace Technology, erhielt am 20. Juni 2025 eine Zuteilung von 94.338 Restricted Stock Units (RSUs) im Rahmen der Vergütungspolitik für nicht-geschäftsführende Direktoren des Unternehmens. Die Transaktion wurde in einer Form 4-Meldung gemeldet.

Wichtige Details zur RSU-Zuteilung:

  • Die RSUs wurden zu einem Ausübungspreis von 0 $ gewährt
  • Nach der Transaktion besitzt Benjamin direkt 565.162 Aktien
  • Die RSUs werden zum früheren Zeitpunkt von:
    • Der nächsten jährlichen Hauptversammlung nach dem Gewährungsdatum
    • Dem einjährigen Jubiläum des Gewährungsdatums (20. Juni 2026)

Die Vesting-Bedingung ist, dass Benjamin seine Vorstandsfunktion bis zum Vesting-Datum beibehält. Die Transaktion war gemäß Abschnitt 16b-3 ausgenommen, und die Einreichung wurde von Sarah Alexander per Vollmacht unterschrieben.

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).
Rackspace Technology, Inc.

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