TEAL-GUESS KELLIE 4

4 · Rackspace Technology, Inc. · Filed Jun 4, 2026

AI-generated summary of this filing

Updated Jun 5, 2026

Rackspace (RXT) CHRO Kellie Teal-Guess Sells 33,966 Shares

What Happened

Kellie Teal-Guess, Chief Human Resources Officer of Rackspace Technology (RXT), was granted 443,548 restricted stock units (RSUs) on 2026-04-03 (award valued at $0 at grant). On 2026-06-04 she disposed of 33,966 shares at a weighted average price of $5.56, totaling approximately $188,851. The sale was a disposal (not a purchase).

Key Details

Grant: 443,548 RSUs granted 2026-04-03; RSUs vest quarterly over three years (each RSU equals the right to one share) (F1).
Sale: 33,966 shares sold 2026-06-04 at a weighted average price of $5.56 — proceeds ≈ $188,851 (F4).
Purpose: The sale was a “sell-to-cover” to satisfy tax withholding from RSU vesting (F2) and was executed under a Rule 10b5-1 durable sell-to-cover plan adopted 9/12/2023 (F3).
Shares owned after the transaction: not specified in the provided filing.
Filing timeliness: The RSU grant dated 2026-04-03 was reported in a Form 4 filed 2026-06-04 (more than two business days after the grant), while the sale on 2026-06-04 was reported same day.

Context

These were RSUs (award of future shares) rather than open-market purchases; the sale appears to be a routine, automatic tax-withholding transaction tied to vesting and a pre-existing 10b5-1 plan, not an opportunistic buy/sell signaling a change in insider sentiment. The filing notes multiple trades produced the weighted average price and offers to provide full trade-level details on request (F4).

Form 4

Period: 2026-04-03

Chief Human Resources Officer

Transactions

Award
Common Stock
[F1]
2026-04-03+443,548→ 1,352,700 total
Sale
Common Stock
[F2][F3][F4]
2026-06-04$5.56/sh−33,966$188,851→ 1,318,734 total

Footnotes (4)

[F1]Grant of restricted stock units ("RSUs") in a transaction exempt under Section 16b-3. RSUs vest in quarterly installments over three years. Each RSU represents the right to receive, at settlement, one share of common stock.
[F2]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.
[F3]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.
[F4]This transaction was executed in multiple trades. 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.

Signature

/s/ Sarah Alexander, by power of attorney from Kellie Teal-Guess|2026-06-04

1 file