<SEC-DOCUMENT>0001810019-25-000132.txt : 20250908
<SEC-HEADER>0001810019-25-000132.hdr.sgml : 20250908
<ACCEPTANCE-DATETIME>20250908181124
ACCESSION NUMBER:		0001810019-25-000132
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20250904
FILED AS OF DATE:		20250908
DATE AS OF CHANGE:		20250908

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Kandiah Gajakarnan Vibushanan
		CENTRAL INDEX KEY:			0001684713
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-39420
		FILM NUMBER:		251301161

	MAIL ADDRESS:	
		STREET 1:		C/O RACKSPACE TECHNOLOGY, INC.
		STREET 2:		1718 DRY CREEK WAY, SUITE 115
		CITY:			SAN ANTONIO
		STATE:			TX
		ZIP:			78259-1837

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Rackspace Technology, Inc.
		CENTRAL INDEX KEY:			0001810019
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-COMPUTER PROGRAMMING, DATA PROCESSING, ETC. [7370]
		ORGANIZATION NAME:           	06 Technology
		EIN:				813369925
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		19122 US HIGHWAY 281N
		STREET 2:		SUITE 128
		CITY:			SAN ANTONIO
		STATE:			TX
		ZIP:			78258-7667
		BUSINESS PHONE:		1-800-961-4454

	MAIL ADDRESS:	
		STREET 1:		1718 DRY CREEK WAY
		STREET 2:		SUITE 115
		CITY:			SAN ANTONIO
		STATE:			TX
		ZIP:			78259-1837

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Rackspace Corp.
		DATE OF NAME CHANGE:	20200417
</SEC-HEADER>
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<TYPE>4
<SEQUENCE>1
<FILENAME>wk-form4_1757369482.xml
<DESCRIPTION>FORM 4
<TEXT>
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<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2025-09-04</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001810019</issuerCik>
        <issuerName>Rackspace Technology, Inc.</issuerName>
        <issuerTradingSymbol>RXT</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001684713</rptOwnerCik>
            <rptOwnerName>Kandiah Gajakarnan Vibushanan</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1718 DRY CREEK WAY</rptOwnerStreet1>
            <rptOwnerStreet2>SUITE 115</rptOwnerStreet2>
            <rptOwnerCity>SAN ANTONIO</rptOwnerCity>
            <rptOwnerState>TX</rptOwnerState>
            <rptOwnerZipCode>78259-1837</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Executive Officer</officerTitle>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <transactionDate>
                <value>2025-09-04</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>4000000</value>
                    <footnoteId id="F2"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>4000000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable>
        <derivativeTransaction>
            <securityTitle>
                <value>Stock Option (right to buy)</value>
                <footnoteId id="F1"/>
            </securityTitle>
            <conversionOrExercisePrice>
                <value>1.30</value>
            </conversionOrExercisePrice>
            <transactionDate>
                <value>2025-09-04</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>6000000</value>
                </transactionShares>
                <transactionPricePerShare>
                    <value>0</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <exerciseDate>
                <footnoteId id="F3"/>
            </exerciseDate>
            <expirationDate>
                <value>2035-09-03</value>
            </expirationDate>
            <underlyingSecurity>
                <underlyingSecurityTitle>
                    <value>Common Stock</value>
                </underlyingSecurityTitle>
                <underlyingSecurityShares>
                    <value>6000000</value>
                </underlyingSecurityShares>
            </underlyingSecurity>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>6000000</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">In accordance with Nasdaq Listing Rule 5635(c)(4), the RSUs and stock options were an inducement material to Mr. Kandiah's entering into employment with the Company. The awards were approved by a majority of the independent members of the Company's board of directors outside of the Company's shareholder-approved equity incentive plan.</footnote>
        <footnote id="F2">Grant of restricted stock units (&quot;RSUs&quot;) in a transaction exempt under Section 16b-3. The RSUs vest in equal annual installments (25%) on each of September 3, 2026, 2027, 2028 and 2029, generally subject to Mr. Kandiah's continued employment through the respective vesting dates. Each RSU represents the right to receive, at settlement, one share of common stock.</footnote>
        <footnote id="F3">The stock options vest in equal annual installments (25%) on each of September 3, 2026, 2027, 2028 and 2029, generally subject to Mr. Kandiah's continued employment through the respective vesting dates.</footnote>
    </footnotes>

    <remarks></remarks>

    <ownerSignature>
        <signatureName>/s/ Sarah Alexander, by power of attorney from Gajakarnan Vibushanan Kandiah</signatureName>
        <signatureDate>2025-09-08</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
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</SEC-DOCUMENT>
