[144] Dell Technologies Inc. SEC Filing

Rhea-AI Filing Summary

Dell Technologies Inc. – Form 144 insider sale notice. Director William D. Green has filed to sell up to 30,000 Class C shares through Fidelity Brokerage Services. At the 07/29/2025 filing date the shares are valued at an estimated $4.05 million, based on an implied $135.00/share price.
• The shares stem from an option granted on 09/14/2016 and will be sold on or about 07/29/2025 on the NYSE.
• Outstanding Class C shares: 339.7 million; the proposed sale equals roughly 0.009 % of the class.

The filing also discloses that Green sold 20,000 Class C shares on 07/18/2025, generating $2.6 million of gross proceeds. Combined, the insider has liquidated or intends to liquidate 50,000 shares worth about $6.65 million over a two-week period.

Positive

• None.

Negative

• Insider selling: Director William D. Green intends to sell 30 k shares (~$4.05 m) after selling 20 k shares earlier, which some investors may view as a bearish signal.

Insights

Portfolio Manager

TL;DR: Director plans additional $4 m share sale after recent $2.6 m sale; minor dilution, may hint at profit-taking, not operations.

Form 144 signals William D. Green, long-time Dell director, intends to sell 30 k Class C shares (~$4.05 m) and has already sold 20 k shares for $2.6 m. The combined 50 k shares equal <0.02 % of Dell’s ~340 m outstanding Class C shares, so market impact should be negligible. The filing provides no information on Dell’s fundamentals; therefore the sale appears to be personal portfolio rebalancing rather than a response to undisclosed adverse news (affirmed by Rule 144 representation). Insider selling can be perceived cautiously by some investors, but the small percentage and routine nature keep the event neutral for valuation.

Corporate Governance Expert

TL;DR: Routine Form 144 from director; volume immaterial, no governance red flags detected.

Rule 144 notices are standard for insiders disposing of restricted stock or options. Green’s planned sale follows SEC rules, identifies broker, and certifies no undisclosed MNPI. Volume is well below the 1 %/90-day safe harbor, indicating compliance. Absence of a 10b5-1 date suggests a discretionary sale, but still within regulatory limits. Governance perspective: transaction size poses no control implications and does not signal strategic shift. Overall governance impact is neutral.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Class C	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	30000	4050000.00	339719010	07/29/2025	NYSE

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

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Class C	07/29/2025	Option Granted - 09/14/2016	Issuer			30000	07/29/2025	Cash

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
William D. Green One Dell Way Round Rock TX 78682	Class C	07/18/2025	20000	2600000.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Dell (DELL) shares are being sold under this Form 144?

Up to 30,000 Class C shares are proposed for sale.

What is the estimated market value of the shares in Dell's Form 144 filing?

The 30,000 shares are valued at approximately $4.05 million.

Who is the insider selling Dell shares?

William D. Green, a director of Dell Technologies Inc.

When is the approximate sale date for the shares?

On or about 07/29/2025, according to the filing.

How many Dell shares did the insider sell in the past three months?

He sold 20,000 Class C shares on 07/18/2025 for $2.6 million.

What percentage of Dell's outstanding Class C shares does the proposed sale represent?

Roughly 0.009 % of the 339.7 million Class C shares outstanding.