Rackspace Technology Reports Shareholder Meeting Results
Ticker: RXT · Form: 8-K · Filed: Jun 14, 2024 · CIK: 1810019
| Field | Detail |
|---|---|
| Company | Rackspace Technology, Inc. (RXT) |
| Form Type | 8-K |
| Filed Date | Jun 14, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: shareholder-meeting, corporate-governance, auditor-ratification
TL;DR
Rackspace shareholders voted on directors and PwC as auditor.
AI Summary
Rackspace Technology, Inc. filed an 8-K on June 14, 2024, to report on matters submitted to a vote of its security holders. The filing details the results of a shareholder meeting, including the election of directors and the ratification of the appointment of PricewaterhouseCoopers LLP as its independent registered public accounting firm for the fiscal year ending December 31, 2024.
Why It Matters
This filing provides transparency on key corporate governance decisions made by Rackspace Technology's shareholders, including the composition of its board and its auditor.
Risk Assessment
Risk Level: low — This is a routine filing reporting on shareholder meeting outcomes and auditor ratification, with no immediate financial or operational risks indicated.
Key Numbers
- 001-39420 — Commission File Number (Identifies the SEC filing for Rackspace Technology, Inc.)
- 81-3369925 — I.R.S. Employer Identification No. (Tax identification number for Rackspace Technology, Inc.)
Key Players & Entities
- Rackspace Technology, Inc. (company) — Registrant
- PricewaterhouseCoopers LLP (company) — Independent registered public accounting firm
- June 14, 2024 (date) — Date of Report
- Delaware (jurisdiction) — State of Incorporation
- San Antonio, Texas (location) — Principal executive offices
FAQ
What specific matters were submitted to a vote of Rackspace Technology's security holders?
The filing indicates that matters submitted to a vote included the election of directors and the ratification of the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm.
When was the report filed and what is the earliest event date reported?
The report was filed on June 14, 2024, and the earliest event reported is also June 14, 2024.
Who is Rackspace Technology, Inc.'s independent registered public accounting firm for the fiscal year ending December 31, 2024?
PricewaterhouseCoopers LLP has been ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2024.
In which state is Rackspace Technology, Inc. incorporated?
Rackspace Technology, Inc. is incorporated in Delaware.
What is the principal executive office address for Rackspace Technology, Inc.?
The principal executive offices are located at 1 Fanatical Place, City of Windcrest, San Antonio, Texas 78218.
Filing Stats: 856 words · 3 min read · ~3 pages · Grade level 12.4 · Accepted 2024-06-14 17:00:05
Key Financial Figures
- $0.01 — ch registered Common stock, par value $0.01 per share RXT The Nasdaq Stock Market L
Filing Documents
- rxt-20240614.htm (8-K) — 43KB
- 0001810019-24-000103.txt ( ) — 168KB
- rxt-20240614.xsd (EX-101.SCH) — 2KB
- rxt-20240614_lab.xml (EX-101.LAB) — 22KB
- rxt-20240614_pre.xml (EX-101.PRE) — 13KB
- rxt-20240614_htm.xml (XML) — 3KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. On June 14, 2024 , Rackspace Technology, Inc. (the "Company") held its annual meeting of stockholders (the "Annual Meeting"). The close of business on April 18, 2024 was previously established as the record date for the determination of stockholders entitled to notice of and to vote at the Annual Meeting (the "Record Date"). As of the Record Date, there were 223,626,823 shares of common stock of the Company (the "Shares"), with each Share being entitled to one vote. The holders of a total of 188,296,082 Shares, representing 84.20% of the total Shares issued and outstanding, were present in person or by proxy at the Annual Meeting, constituting a quorum. The final voting results for each of the proposals submitted to a vote of stockholders during the Annual Meeting are set forth below. A more complete description of each proposal is set forth in the Company's definitive proxy statement filed with the Securities and Exchange Commission on April 29, 2024 (the "Proxy Statement"). Proposal 1. To elect Susan Arthur, Jeffrey Benjamin and Aaron Sobel to the Board of Directors of the Company as Class I Directors, in each case, for a term of three years expiring at the annual meeting of stockholders to be held in 2027. The Company's stockholders duly elected Susan Arthur, Jeffrey Benjamin and Aaron Sobel, by at least a plurality of the votes cast, to serve as Class I Directors until the 2027 annual meeting of stockholders and until his or her successor is elected and qualified, subject, however, to such director's earlier death, resignation, retirement, removal or disqualification. The results of the voting were as follows: Proposal Nominee Votes For Votes Withheld Broker Non-Votes 1a Susan Arthur 162,712,225 915,508 24,668,349 1b Jeffrey Benjamin 147,991,864 15,635,869 24,668,349 1c Aaron Sobel 141,363,110 22,264,623 24,668,349 Proposal 2. To ratify the appointment of PricewaterhouseCoopers LLP a
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. RACKSPACE TECHNOLOGY, INC. Date: June 14, 2024 By: /s/ Sarah Alexander Sarah Alexander Vice President, Deputy General Counsel and Assistant Secretary -3-