secwatch.observer — SEC 8-K summary
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Issuer:     Rackspace Technology, Inc. (RXT)
CIK:        0001810019
Form:       8-K
Filed at:   2025-09-26T23:59:59+00:00
Accession:  0001810019-25-000148
Event type: leadership
Sentiment:  negative
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Rackspace Technology director Vikram Mahidhar and President Srinivas Koushik resign
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- Director Vikram Mahidhar resigns effective Sept 30, 2025, due to departure from Apollo Global Management; no dispute with company.
- President, Technology, Sustainability and AI Srinivas Koushik resigns Sept 24, 2025; eligible for pro-rata 2025 bonus in exchange for transition services and restrictive covenants.
- No replacements announced for either role; departures occur within same week.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1810019/000181001925000148/0001810019-25-000148-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1810019/000181001925000148/rxt-20250924.htm
  HTML page:      https://secwatch.observer/filing/0001810019-25-000148

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