secwatch.observer — SEC 8-K summary
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Issuer:     Rackspace Technology, Inc. (RXT)
CIK:        0001810019
Form:       8-K
Filed at:   2021-10-19T23:59:59+00:00
Accession:  0001810019-21-000174
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Rackspace appoints Shashank Samant to board; Brian St. Jean resigns
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- Shashank Samant appointed independent director effective Oct 18, 2021; serves until 2023 annual meeting.
- Samant is President and CEO of GlobalLogic Inc. (Hitachi Group).
- Brian St. Jean resigned as director effective Oct 18, 2021; departure not due to disagreement.
- Abry retains director designation right but does not currently intend to name a replacement.
- Samant to receive pro-rata compensation: $100K cash retainer plus ~$200K RSU grant vesting at 2022 annual meeting.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1810019/000181001921000174/0001810019-21-000174-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1810019/000181001921000174/rxt-20211018.htm
  HTML page:      https://secwatch.observer/filing/0001810019-21-000174

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer