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Dell investor Silver Lake plans $575K share sale

A Silver Lake affiliate filed to sell 1,078 Dell Class C shares under Rule 144 while remaining part of a significant shareholder group with board representation.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Dell Technologies Inc. (DELL) received a notice that Silver Lake Technology Investors IV, L.P. intends to sell 1,078 shares of Dell Class C common stock under Rule 144 through Merrill Lynch, Pierce, Fenner & Smith Inc. on or about September 9, 2026, on the NYSE. The shares are to be sold after being acquired upon conversion of Class B common stock that was originally obtained in 2016. The notice also states that the seller and certain of its affiliates are significant stockholders of Dell and that an executive of a seller affiliate serves on Dell’s board of directors. The filing lists extensive prior Dell share sales by related Silver Lake entities over the preceding three months.

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Shares to be sold under this notice 1,078 shares Proposed Dell Class C common stock sale under Rule 144
Aggregate market value of shares in this notice $575,522.64 Value of 1,078 Dell Class C shares covered by the Form 144
Shares outstanding 315,433,188 shares Dell Class C common stock outstanding as reported in the filing
Example prior sale by Silver Lake Partners IV, L.P. 166,474 shares for $85,390,570.09 Dell Class C shares sold on September 3, 2026
Example prior sale by SL SPV-2, L.P. 151,531 shares for $77,725,761.84 Dell Class C shares sold on September 3, 2026
Date of Notice September 9, 2026 Date the Form 144 notice was signed and filed
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Class C Common Stock financial
"Class C Common Stock | Merrill Lynch, Pierce, Fenner & Smith Inc."
A class C common stock is a type of company share that usually represents ownership but often carries limited or no voting power compared with other share classes. For investors, that matters because it can affect influence over company decisions and sometimes the stock’s price or dividend priority — think of it as owning a ticket to the same event but in a section with less say in how the event is run.
Conversion of Class B Common Stock financial
"Conversion of Class B Common Stock"
significant stockholders financial
"The Seller and certain of its affiliates are, together, significant stockholders of the Issuer"
Form 144 regulatory
"144: Securities Information"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

FAQ

What does the Form 144 filing mean for Dell Technologies Inc. (DELL)?

The filing indicates that Silver Lake Technology Investors IV, L.P. plans to sell 1,078 shares of Dell Class C common stock under Rule 144, using Merrill Lynch as broker. It is a notice of a proposed resale by an existing large stockholder.

How many Dell (DELL) shares are covered by this specific Form 144 notice?

The notice covers a proposed sale of 1,078 shares of Dell Technologies Inc. Class C common stock, with an indicated aggregate market value of $575,522.64 at the time of the filing.

Who is selling Dell (DELL) shares in this Form 144 and how were they acquired?

The seller is Silver Lake Technology Investors IV, L.P.. The shares to be sold are to be acquired upon conversion of Class B common stock of Dell, which the seller states was originally acquired in 2016.

When is the proposed sale of Dell (DELL) shares expected to occur?

The proposed sale date listed is September 9, 2026, with trading to occur on the NYSE through Merrill Lynch, Pierce, Fenner & Smith Inc. as the broker.

How large is Dell’s Class C share base relative to this Form 144 sale?

The filing reports 315,433,188 shares of Dell Class C common stock outstanding. The 1,078 shares covered by this notice represent a very small portion of that outstanding amount; this is a baseline figure, not the amount being offered.

What relationship does Silver Lake have with Dell Technologies Inc. (DELL)?

The notice states that the seller and certain of its affiliates are significant stockholders of Dell, and that an executive of an affiliate of the seller currently serves as a member of Dell’s board of directors.

What other recent Dell (DELL) share sales by Silver Lake affiliates are disclosed?

The filing lists multiple prior sales over the past three months, including a sale of 166,474 shares by Silver Lake Partners IV, L.P. on September 3, 2026 for $85,390,570.09, and additional large blocks sold by other Silver Lake entities.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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