TEAL-GUESS KELLIE 4

4 · Rackspace Technology, Inc. · Filed May 18, 2026

AI-generated summary of this filing

Updated May 19, 2026

Rackspace (RXT) CHRO Kellie Teal-Guess Sells 113,232 Shares

What Happened

Kellie Teal-Guess, Chief Human Resources Officer of Rackspace Technology (RXT), disposed of 113,232 shares on 2026-05-18 at a weighted average price of $5.12 per share, for total proceeds of $579,748. This was a sale (routine sell-to-cover) to satisfy tax withholding related to vested restricted stock units, not an open discretionary sell for investment purposes.

Key Details

Transaction date: 2026-05-18; weighted average sale price reported: $5.12; total proceeds: $579,748.
Shares owned after transaction: Not disclosed in the information provided in this summary; see the Form 4 for post-transaction holdings.
Footnotes of note:
- F1: Sale was a "sell-to-cover" to satisfy tax withholding on vested RSUs.
- F2: Transaction executed pursuant to a Rule 10b5-1 durable sell-to-cover plan adopted by the reporting person on Sept 12, 2023.
- F3: Transaction executed in multiple trades; reported price is a weighted average; full trade details available on request.
Filing date: 2026-05-18. No late-filing flag indicated in the provided details.

Context

Sell-to-cover transactions are commonly used to pay taxes when restricted stock units vest and typically reflect tax-related liquidity needs rather than a signal about the insider’s view of the company's prospects. The existence of a 10b5-1 plan indicates the sales were pre-planned and automated.

Form 4

Period: 2026-05-18

Chief Human Resources Officer

Transactions

Sale
Common Stock
[F1][F2][F3]
2026-05-18$5.12/sh−113,232$579,748→ 909,152 total

Footnotes (3)

[F1]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.
[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]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|2026-05-18

1 file