Form 4: Rackspace Executive Kellie Teal-Guess Reports Stock Transaction
SEC Form 4 Filing
Kellie Teal-Guess, Chief Human Resources Officer at Rackspace Technology, Inc., reports a transaction involving the withholding of shares to cover tax liabilities.
Summary
- On May 17, 2025, Kellie Teal-Guess, the Chief Human Resources Officer of Rackspace Technology, Inc., reported a transaction on SEC Form 4.
- The transaction involved the withholding of 99,213 shares of common stock at a price of $1.24 to cover withholding tax liabilities related to the vesting of restricted stock units.
- Following the transaction, Teal-Guess directly owns 784,603 shares of Rackspace Technology, Inc.
- The transaction was exempt under Rule 16b-3.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a routine stock transaction for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related stock withholding.
Key Dates
| Date | Description |
|---|---|
| 05/17/2025 | Date of the stock transaction (withholding of shares). |
| 05/20/2025 | Date of signature on the report. |
Keywords
Form 4, Rackspace Technology, Kellie Teal-Guess, Stock Transaction, Beneficial Ownership, RXT, Tax Withholding
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