4//SEC Filing
Koushik Srini 4
Accession 0001810019-24-000175
CIK 0001810019other
Filed
Dec 4, 7:00 PM ET
Accepted
Dec 5, 9:16 PM ET
Size
6.1 KB
Accession
0001810019-24-000175
Insider Transaction Report
Form 4
Koushik Srini
President, Technology
Transactions
- Sale
Common Stock
2024-12-03$2.54/sh−8,028$20,391→ 1,018,251 total
Footnotes (3)
- [F1]This transaction was executed in multiple trades at prices ranging from $2.44 to $2.67 between 12/3/2024 and 12/5/2024. 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.
- [F2]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.
- [F3]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.
Documents
Issuer
Rackspace Technology, Inc.
CIK 0001810019
Entity typeother
Related Parties
1- filerCIK 0001897081
Filing Metadata
- Form type
- 4
- Filed
- Dec 4, 7:00 PM ET
- Accepted
- Dec 5, 9:16 PM ET
- Size
- 6.1 KB