STOCK TITAN

Dell holder Silver Lake to sell $28.7M in stock

Dell Technologies Inc. (DELL) received a notice that significant stockholder Silver Lake Partners IV, L.P. intends to sell 54,732 shares of Dell Class C common stock under Rule 144, through Merrill Lynch on the NYSE.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Dell Technologies Inc. (DELL) received a notice that significant stockholder Silver Lake Partners IV, L.P. intends to sell 54,732 shares of Dell Class C common stock under Rule 144, through Merrill Lynch on the NYSE. The filing lists an aggregate market value of $28,687,230.48 for these shares.

The shares were acquired upon conversion of Dell Class B common stock that was originally acquired in 2016 from Dell. Dell had 315,433,188 Class C shares outstanding as of September 8, 2026; this is a baseline figure, not the amount being sold. The notice also details multiple prior Dell share sales over the last three months by Silver Lake affiliates and related entities. A Silver Lake affiliate executive currently serves on Dell’s board of directors.

Positive

  • None.

Negative

  • None.
Shares to be sold under Rule 144 54,732 shares Dell Class C common stock covered by the Form 144 notice
Aggregate market value of shares to be sold $28,687,230.48 Market value of the 54,732 Dell Class C shares in the Form 144
Dell Class C shares outstanding 315,433,188 shares Class C shares outstanding as of September 8, 2026
Notice date September 8, 2026 Date of the Form 144 notice filed by Silver Lake Partners IV, L.P.
Example prior sale by Silver Lake Partners IV, L.P. 166,474 shares for $85,390,570.09 Dell Class C stock sale on September 3, 2026
Example prior sale by SL SPV-2, L.P. 151,531 shares for $77,725,761.84 Dell Class C stock sale on September 3, 2026
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.
aggregate market value financial
"Class C Common Stock | ... | 54732 | 28687230.48 | 315433188 | 09/08/2026"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
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
"Acquired upon Conversion of Class B Common Stock of the Issuer"
significant stockholders financial
"The Seller and certain of its affiliates are, together, significant stockholders"

FAQ

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

The filing reports that Silver Lake Partners IV, L.P., a significant Dell stockholder, intends to sell 54,732 shares of Dell Class C common stock under Rule 144. This is a potential secondary sale by an existing holder, not an issuance of new Dell shares.

How many Dell (DELL) shares is Silver Lake Partners IV planning to sell?

Silver Lake Partners IV, L.P. filed to sell 54,732 shares of Dell Class C common stock. The filing states an aggregate market value of $28,687,230.48 for these shares, with trading expected on the NYSE through Merrill Lynch as broker.

How many Dell (DELL) Class C shares were outstanding at the time of this Form 144?

Dell Technologies Inc. reported 315,433,188 shares of Class C common stock outstanding as of September 8, 2026. This figure provides context for Dell’s overall share base and is separate from the 54,732 shares covered by the Form 144 notice.

What prior Dell (DELL) stock sales by Silver Lake affiliates are disclosed?

The notice lists numerous Dell Class C stock sales during the past three months by Silver Lake-related entities, including a sale by Silver Lake Partners IV, L.P. of 166,474 shares for $85,390,570.09 on September 3, 2026, along with multiple other sizable transactions.

How did Silver Lake acquire the Dell (DELL) shares being sold in this Form 144?

The 54,732 Dell Class C shares were acquired upon conversion of Dell Class B common stock. The filing states that the Class B shares were originally acquired in 2016 from Dell Technologies Inc. and then converted into Class C common stock.

What is the relationship between Silver Lake and Dell Technologies Inc. (DELL)?

The filing notes that Silver Lake Partners IV, L.P. and certain affiliates are significant stockholders of Dell Technologies Inc., and that an executive of a Silver Lake affiliate serves on Dell’s board of directors, indicating an ongoing governance relationship.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
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

Keep reading