0001810019-24-000008.txt : 20240129
0001810019-24-000008.hdr.sgml : 20240129
20240129203823
ACCESSION NUMBER: 0001810019-24-000008
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240125
FILED AS OF DATE: 20240129
DATE AS OF CHANGE: 20240129
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Marino Mark A.
CENTRAL INDEX KEY: 0001892103
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-39420
FILM NUMBER: 24575516
MAIL ADDRESS:
STREET 1: 1 FANATICAL PLACE
STREET 2: CITY OF WINDCREST
CITY: SAN ANTONIO
STATE: TX
ZIP: 78218
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Rackspace Technology, Inc.
CENTRAL INDEX KEY: 0001810019
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
ORGANIZATION NAME: 06 Technology
IRS NUMBER: 813369925
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1 FANATICAL PLACE
STREET 2: CITY OF WINDCREST
CITY: SAN ANTONIO
STATE: TX
ZIP: 78218
BUSINESS PHONE: 1-800-961-4454
MAIL ADDRESS:
STREET 1: 1 FANATICAL PLACE
STREET 2: CITY OF WINDCREST
CITY: SAN ANTONIO
STATE: TX
ZIP: 78218
FORMER COMPANY:
FORMER CONFORMED NAME: Rackspace Corp.
DATE OF NAME CHANGE: 20200417
4
1
wk-form4_1706578693.xml
FORM 4
X0508
4
2024-01-25
0
0001810019
Rackspace Technology, Inc.
RXT
0001892103
Marino Mark A.
C/O RACKSPACE TECHNOLOGY, INC.
1 FANATICAL PLACE
SAN ANTONIO
TX
78218
0
1
0
0
Chief Financial Officer
1
Common Stock
2024-01-25
4
S
0
12316
1.62
D
248101
D
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.
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.
This transaction was executed in multiple trades at prices ranging from $1.61 to $1.65. 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.
/s/ Sarah Alexander, by power of attorney from Mark Marino
2024-01-29