Rackspace (RXT) CHRO Kellie Teal-Guess Sells 33,558 Shares

What Happened

• Kellie Teal-Guess, Chief Human Resources Officer of Rackspace Technology, sold 33,558 shares of RXT common stock on September 8, 2026. The weighted-average sale price was $3.13 per share for total proceeds of approximately $105,037. The filing reports the sale as a disposition (code S).

Key Details

• Transaction date: 2026-09-08.
• Price: weighted average $3.13; individual trades ranged from $3.07 to $3.18. (Reporting person can provide full trade-by-trade details on request.)
• Shares sold: 33,558; proceeds ≈ $105,037.
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnotes: The sale was a "sell-to-cover" to satisfy tax withholding on vested restricted stock units (F1) and was executed under a pre-existing Rule 10b5-1 sell-to-cover plan adopted Sept 9, 2023 (F2). Multiple trades executed (F3).
• Filing timeliness: Reported for the same period date (filed 2026-09-08), so not indicated as late.

Context

• This sale is a routine sell-to-cover (tax withholding) related to RSU vesting rather than an open-market discretionary liquidation. Such transactions are common for covering tax obligations and do not necessarily indicate a change in the insider’s view of the company.