ABRY files 13G/A for Rackspace (RXT) showing ≤5% ownership

Rhea-AI Filing Summary

ABRY Partners and affiliated entities filed Amendment No. 2 to a Schedule 13G/A reporting ownership of 5 percent or less of Rackspace Technology, Inc. common stock. The filing lists six Reporting Persons — ABRY Partners, LLC; ABRY Partners II, LLC; ACE Investment Holdings, LLC; and individuals Royce Yudkoff, Peggy Koenig, and Jay Grossman. The filing provides the Reporting Persons' principal business address in Boston and includes a Joint Filing Agreement and a Power of Attorney dated May 22, 2026.

Key Figures

Schedule amendment date: May 22, 2026 Cover page date: 05/20/2026 Reported ownership threshold: 5 percent +1 more

4 metrics

Schedule amendment date May 22, 2026 signatures and exhibits dated May 22, 2026

Cover page date 05/20/2026 cover page date shown on filing

Reported ownership threshold 5 percent Item 5: Ownership of 5 Percent or Less of a Class

CUSIP 750102105 CUSIP for Rackspace common stock provided on cover

Key Terms

Schedule 13G/A, Joint Filing Agreement, Power of Attorney

3 terms

Schedule 13G/A regulatory

"Amendment No. 2 to a Schedule 13G/A reporting ownership"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

Joint Filing Agreement regulatory

"Exhibit A Joint Filing Agreement, dated as of May 22, 2026"

Power of Attorney legal

"Exhibit B Power of Attorney, dated as of May 22, 2026"

A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Rackspace Technology, Inc.

(Name of Issuer)

Common Stock

(Title of Class of Securities)

750102105

(CUSIP Number)

05/20/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 750102105

1

Names of Reporting Persons

ABRY Partners, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP Number(s): 750102105

1

Names of Reporting Persons

ABRY Partners II, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP Number(s): 750102105

1

Names of Reporting Persons

ACE Investment Holdings, LLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13G

CUSIP Number(s): 750102105

1

Names of Reporting Persons

Royce Yudkoff

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP Number(s): 750102105

1

Names of Reporting Persons

Peggy Koenig

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

CUSIP Number(s): 750102105

1

Names of Reporting Persons

Jay Grossman

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 0.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 0.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

0.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

0 %

12

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Rackspace Technology, Inc.
(b)	Address of issuer's principal executive offices: 19122 US Highway 281N, Suite 128 San Antonio, TX, 78258
Item 2.
(a)	Name of person filing: This statement is filed by the entities and persons listed below, all of whom together are referred to herein as the "Reporting Persons": (i) ABRY Partners, LLC ("ABRY I") (ii) ABRY Partners II, LLC ("ABRY II") (iii) ACE Investment Holdings, LLC ("ACE") (iv) Royce Yudkoff (v) Peggy Koenig (vi) Jay Grossman
(b)	Address or principal business office or, if none, residence: The principal business address of each of the Reporting Persons is as follows: C/O ABRY Partners, LLC 888 Boylston Street, Suite 1600 Boston, MA 02199
(c)	Citizenship: See responses to Item 4 on each cover page.
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 750102105
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: See responses to Item 9 on each cover page.
(b)	Percent of class: See responses to Item 11 on each cover page.
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: See responses to Item 5 on each cover page.
	(ii) Shared power to vote or to direct the vote: See responses to Item 6 on each cover page.
	(iii) Sole power to dispose or to direct the disposition of: See responses to Item 7 on each cover page.
	(iv) Shared power to dispose or to direct the disposition of: See responses to Item 8 on each cover page.
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

ABRY Partners, LLC

Signature:	/s/ Kostas Sofronas
Name/Title:	Kostas Sofronas/Attorney-in-Fact
Date:	05/22/2026

ABRY Partners II, LLC

Signature:	/s/ Kostas Sofronas
Name/Title:	Kostas Sofronas/Attorney-in-Fact
Date:	05/22/2026

ACE Investment Holdings, LLC

Signature:	/s/ Kostas Sofronas
Name/Title:	Kostas Sofronas/Attorney-in-Fact
Date:	05/22/2026

Royce Yudkoff

Signature:	/s/ Kostas Sofronas
Name/Title:	Kostas Sofronas/Attorney-in-Fact
Date:	05/22/2026

Peggy Koenig

Signature:	/s/ Kostas Sofronas
Name/Title:	Kostas Sofronas/Attorney-in-Fact
Date:	05/22/2026

Jay Grossman

Signature:	/s/ Kostas Sofronas
Name/Title:	Kostas Sofronas/Attorney-in-Fact
Date:	05/22/2026

Exhibit Information

Exhibit A Joint Filing Agreement, dated as of May 22, 2026. Exhibit B Power of Attorney, dated as of May 22, 2026.

FAQ

What does the ABRY 13G/A filing say about RXT ownership?

ABRY reports ownership of 5 percent or less of Rackspace Technology common stock. The filing lists six Reporting Persons and provides voting/dispositive power entries that show 0.00 in the cover-page power fields for each person.

Who are the Reporting Persons named in the Schedule 13G/A for RXT?

Six entities and individuals are named: ABRY Partners, LLC; ABRY Partners II, LLC; ACE Investment Holdings, LLC; Royce Yudkoff; Peggy Koenig; and Jay Grossman. The principal business address is 888 Boylston Street, Suite 1600, Boston, MA.

When was the Amendment No. 2 to the Schedule 13G/A filed for RXT?

The signatures are dated May 22, 2026 and the cover shows a related date of 05/20/2026. Exhibit materials include a Joint Filing Agreement and Power of Attorney dated May 22, 2026.

Does the filing indicate ABRY exercises voting or dispositive power over RXT shares?

The cover-page fields show 0.00 for sole and shared voting and dispositive power for each Reporting Person in this excerpt, indicating no recorded voting or dispositive power entries on the provided cover-page rows.

What exhibits accompany the ABRY Schedule 13G/A amendment for RXT?

Two exhibits are attached: Exhibit A is a Joint Filing Agreement dated May 22, 2026; Exhibit B is a Power of Attorney dated May 22, 2026. These govern joint reporting and signature authority among the Reporting Persons.