Rackspace Executives Sell Shares to Cover Tax Obligations
Rackspace executives Dharmendra Kumar Sinha and Kellie Teal-Guess sold shares to cover tax obligations. Sinha sold 59,322 shares for $59,915, while Teal-Guess sold 18,301 shares for $18,484, both at $1.01 per share. These transactions were part of pre-arranged 10b5-1 trading plans. Sinha now owns 2,509,573 shares, and Teal-Guess owns 1,043,650 shares of Rackspace Technology.
| Reporter Name | Relationship | Type | Amount | SEC Filing |
|---|---|---|---|---|
| Sinha Dharmendra Kumar | EVP, President, Public Cloud, 10% Owner | Sell | $59,915 | Form 4 |
| Teal-Guess Kellie | Chief Human Resources Officer, 10% Owner | Sell | $18,484 | Form 4 |
Dharmendra Kumar Sinha, EVP, President, Public Cloud at Rackspace Technology and a 10% owner, sold 59,322 shares of common stock at a weighted average price of $1.01 per share on December 1, 2025, to cover tax withholding obligations. The sale, part of a pre-arranged 10b5-1 trading plan, resulted in a total sale amount of $59,915. Following the transaction, Sinha directly owns 2,509,573 shares of Rackspace Technology.
Kellie Teal-Guess, Chief Human Resources Officer and 10% Owner at Rackspace Technology, sold 18,301 shares of Common Stock at a weighted average price of $1.01 per share on December 1, 2025, to satisfy tax withholding obligations. The sale, part of a pre-arranged 10b5-1 trading plan, resulted in a total sale amount of $18,484. Following the transaction, Teal-Guess directly owns 1,043,650 shares of Rackspace Technology.
