Gajakarnan Vibushanan Kandiah sold $1.6M of RXT stock

Gajakarnan Vibushanan Kandiah, Chief Executive Officer of Rackspace Technology, Inc. (RXT), sold 498,728 shares of RXT stock worth $1.6M, per an SEC Form 4 filed Sep 5, 2026.

The sale was pre-arranged (a 10b5-1 plan or an option exercise), not a fresh decision.

The trade happened on Sep 4, 2026, 1 day before it was made public.

RXT has moved -20.7% since the trade date, from $3.19 to $2.53 (Nov 6, 2026 close).