Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02. De parture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers . Mr. Dharmendra Kumar Sinha is expected to depart from his position as President, Public Cloud of Rackspace Technology, Inc., effective on or about September 14, 2026. Mr.…
Filed Aug 24, 2026Accepted Aug 24, 2026, 5:00 PM EDTCIK 1810019Accession 0001810019-26-000095
Rackspace Technology® (NASDAQ: RXT) is the operator of the full enterprise AI stack from governed private cloud to AI inference and agents in production. With an Outcomes-as-a-Service model built on secure infrastructure, data foundations, and forward deployed engineering, Rackspace delivers business results for regulated and mission-critical industries where governance, sovereignty, and uptime are non-negotiable. Learn more at www.rackspace.com.
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02. De
parture of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
.
Mr. Dharmendra Kumar Sinha is expected to depart from his position as President, Public Cloud of Rackspace Technology, Inc., effective on or about September 14, 2026. Mr. Sinha's departure is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
The Company expects to enter into a separation agreement with Mr. Sinha, the terms of which are being negotiated and are anticipated to be consistent with the terms and conditions included in his employment agreement. The separation agreement is also expected to include customary releases and restrictive covenants.
The summary above is not complete and is qualified in its entirety by the separation agreement, a copy of which is expected be attached as an exhibit to the Company's Quarterly Report on Form 10-Q for the period ending September 30, 2026.
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