Welcome to our dedicated page for Rackspace Technology SEC filings (Ticker: RXT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Rackspace Technology, Inc. filings document the company's public-company disclosures as a hybrid cloud and AI solutions provider. Recent Form 8-K reports cover quarterly and annual operating results, including Private Cloud and Public Cloud revenue trends, cash flow measures, and related earnings releases.
Rackspace's proxy and current reports also record governance matters, board and executive changes, executive compensation, equity-award disclosures, and separation or employment-related arrangements. These filings provide formal disclosure on the company's management structure, director elections, compensation practices, and material events affecting its reporting obligations.
RXT reported a Form 144 notice indicating planned sales of 564,716 common shares tied to the vesting of restricted stock units on 02/23/2026. The filing lists the transaction as securities to be sold by an issuer-related party, with the shares described as "securities acquired in connection with the vesting of restricted stock units."
The filing documents the intended disposition and the acquisition source; timing and cash‑flow details for any completed sales are not provided in the excerpt.
Rackspace Technology, Inc. received an amended Schedule 13G/A showing that a group of Apollo-affiliated entities collectively report beneficial ownership of 129,609,000 shares of Rackspace common stock, equal to 53.2% of the class.
The percentages are based on 243,592,120 shares of common stock outstanding as of November 4, 2025, as disclosed in Rackspace’s Form 10-Q. The filing shows no sole voting or dispositive power for any reporting person, only shared power over the reported shares, and includes broad disclaimers of beneficial ownership by several Apollo management entities and their senior executives.
Rackspace Technology (RXT) filed its quarterly report for the period ended September 30, 2025. Revenue was $671.2 million versus $675.8 million a year ago. Gross profit was $129.9 million. Loss from operations narrowed to $33.9 million from $173.7 million, reflecting the absence of prior-year impairments. Net loss improved to $67.1 million (basic and diluted EPS of $0.28 loss) from $186.6 million (EPS $0.82 loss). Interest expense was $21.2 million.
For the nine months, revenue was $2,002.9 million versus $2,051.5 million, and net loss was $193.1 million versus $802.2 million. Operating cash flow strengthened to $91.7 million from $(14.4) million. Cash and cash equivalents were $99.5 million at quarter-end. The company reported remaining performance obligations of $539.5 million, with approximately 17% expected to be recognized during the remainder of 2025.
Liquidity and capital structure details included a New Revolving Credit Facility with $375.0 million of commitments, $65.0 million drawn, and $286.5 million of availability as of quarter-end. Contractual interest rates included 7.04% on the FLSO Term Loan Facility and 10.54% on the FLFO Term Loan Facility. Management stated available sources are expected to provide sufficient liquidity over at least the next twelve months.
Rackspace Technology, Inc. (RXT) furnished an update on its business by providing a press release announcing financial results for the fiscal quarter ended September 30, 2025. The press release is attached as Exhibit 99.1.
The information in this report, including Exhibit 99.1, is furnished under Item 2.02 and is not deemed “filed” for purposes of Section 18 of the Exchange Act, nor incorporated by reference into other filings unless expressly stated. The report was signed by Chief Financial Officer Mark Marino on November 6, 2025.
Rackspace Technology (RXT) reported an executive departure in an 8-K filing. On September 24, 2025, Srinivas Koushik resigned as President, Technology, Sustainability and Artificial Intelligence. The company and Mr. Koushik entered into a separation agreement and release of claims under which he will be eligible to receive a pro‑rata bonus for 2025 in exchange for providing transition and advisory services and will be subject to customary restrictive covenants.
The filing states Mr. Koushik's resignation and the terms of the separation agreement but does not disclose financial amounts, replacement plans, or operational impacts.
Rackspace Technology director Amar Maletira reported the sale of 1,780,619 shares of common stock between September 15 and 17, 2025. The transactions were executed under a Rule 10b5-1 durable sell-to-cover plan adopted September 14, 2023, and were done to satisfy tax withholding obligations arising from the vesting of previously granted restricted stock units and performance stock units. The Form 4 shows a weighted average sale price of $1.35 per share (trade prices ranged $1.33–$1.44). After the sales, the reporting person beneficially owns 4,608,619 shares, reported as direct ownership.
Rackspace Technology director Amar Maletira reported the sale of 1,780,619 shares of common stock between September 15 and 17, 2025. The transactions were executed under a Rule 10b5-1 durable sell-to-cover plan adopted September 14, 2023, and were done to satisfy tax withholding obligations arising from the vesting of previously granted restricted stock units and performance stock units. The Form 4 shows a weighted average sale price of $1.35 per share (trade prices ranged $1.33–$1.44). After the sales, the reporting person beneficially owns 4,608,619 shares, reported as direct ownership.
Rackspace Technology, Inc. (RXT) notice indicates a proposed sale of 2,000,000 shares of common stock through Morgan Stanley Smith Barney LLC on 09/15/2025. The filing says these shares were acquired on 09/13/2025 as the vesting of restricted stock units and performance stock units and shows an aggregate market value of $2,900,000.00. The issuer has 239,360,677 shares outstanding per the form. The filer reports no securities sold by the same person in the past three months and includes the standard signature representation that the seller is not aware of any undisclosed material adverse information.
Rackspace Technology, Inc. filed an amended current report to disclose the material terms of a separation agreement and release of claims with former Chief Executive Officer Amar Maletira, following the previously announced appointment of Gajen Kandiah as Chief Executive Officer effective September 3, 2025.
Under the separation agreement, Mr. Maletira is eligible for 18 months of salary and target bonus payments, a pro-rata bonus for 2025, and a lump-sum payment equal to 18 months of COBRA premiums and associated taxes, as provided in his employment agreement. His outstanding equity awards will accelerate and vest under that agreement, and his unvested performance-cash awards may still vest and be paid as described in the separation agreement, which is filed as Exhibit 10.2.
Rackspace Technology, Inc. filed an amended current report to disclose the material terms of a separation agreement and release of claims with former Chief Executive Officer Amar Maletira, following the previously announced appointment of Gajen Kandiah as Chief Executive Officer effective September 3, 2025.
Under the separation agreement, Mr. Maletira is eligible for 18 months of salary and target bonus payments, a pro-rata bonus for 2025, and a lump-sum payment equal to 18 months of COBRA premiums and associated taxes, as provided in his employment agreement. His outstanding equity awards will accelerate and vest under that agreement, and his unvested performance-cash awards may still vest and be paid as described in the separation agreement, which is filed as Exhibit 10.2.
Rackspace Technology, Inc. filed an amended current report to disclose the material terms of a separation agreement and release of claims with former Chief Executive Officer Amar Maletira, following the previously announced appointment of Gajen Kandiah as Chief Executive Officer effective September 3, 2025.
Under the separation agreement, Mr. Maletira is eligible for 18 months of salary and target bonus payments, a pro-rata bonus for 2025, and a lump-sum payment equal to 18 months of COBRA premiums and associated taxes, as provided in his employment agreement. His outstanding equity awards will accelerate and vest under that agreement, and his unvested performance-cash awards may still vest and be paid as described in the separation agreement, which is filed as Exhibit 10.2.
Rackspace Technology, Inc. filed an amended current report to disclose the material terms of a separation agreement and release of claims with former Chief Executive Officer Amar Maletira, following the previously announced appointment of Gajen Kandiah as Chief Executive Officer effective September 3, 2025.
Under the separation agreement, Mr. Maletira is eligible for 18 months of salary and target bonus payments, a pro-rata bonus for 2025, and a lump-sum payment equal to 18 months of COBRA premiums and associated taxes, as provided in his employment agreement. His outstanding equity awards will accelerate and vest under that agreement, and his unvested performance-cash awards may still vest and be paid as described in the separation agreement, which is filed as Exhibit 10.2.
Scott Anthony, a director of Rackspace Technology, Inc. (RXT), reported the sale of 40,000 shares of the company's common stock on 09/08/2025. The transactions were executed in multiple trades at prices ranging from $1.41 to $1.45, with a weighted average sale price of $1.43. After the sale, the reporting person beneficially owned 191,045 shares on a direct basis. The Form 4 was signed under power of attorney by Sarah Alexander.
Rackspace Technology reported that Gajakarnan Vibushanan Kandiah, serving as Chief Executive Officer and a director, received equity awards on 09/04/2025. The filing shows a grant of 4,000,000 restricted stock units (RSUs) that vest 25% annually on each September 3 from 2026 through 2029 and a grant of 6,000,000 stock options with an exercise price of $1.30 that vest 25% annually on each September 3 from 2026 through 2029 and expire on 09/03/2035. The RSUs and options were approved by a majority of the independent board members as inducements outside the company’s shareholder-approved equity incentive plan.
The report lists 4,000,000 shares beneficially owned following the RSU grant and 6,000,000 underlying shares from the option grant, both held directly. The form was signed by a power of attorney on behalf of Mr. Kandiah on 09/08/2025.