About Rackspace Technology equity
Rackspace Technology (RXT, HQ TX) grants RSUs to employees and also runs an Employee Stock Purchase Plan with a quarterly vesting cadence.
Cooling-off period
Under the 2023 SEC amendments, officers and directors must wait 90 days (and at least two full business days after the issuer's next periodic report) before the first trade under a new 10b5-1 plan. Non-officer employees have a 30-day cooling-off period.
What to do next
- Run the RSU vesting calculator against your next tranche.
- Read the complete RSU guide.
- Match with a fiduciary advisor before a meaningful event.