Silver Lake fund plans $25.7M Dell share sale
A Silver Lake–affiliated significant stockholder files to sell additional Dell Class C shares under Rule 144, following sizable recent secondary sales by related entities.
Rhea-AI Filing Summary
Dell Technologies Inc. (DELL) received a Rule 144 notice that SL SPV-2, L.P., a Silver Lake–affiliated significant stockholder, plans to sell up to 48,096 shares of Class C Common Stock on or after September 9, 2026, on the NYSE. The shares are to be acquired upon conversion of Class B Common Stock originally acquired in 2019. The notice also lists extensive Class C Common Stock sales during the prior three months by SL SPV-2, L.P., other Silver Lake funds and related entities, and an individual affiliated executive, all as secondary sales by existing holders rather than new issuances by Dell.
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Key Figures
Shares to be sold by SL SPV-2, L.P.: 48,096 shares
Aggregate market value of planned sale: $25,677,492.48
Dell Class C shares outstanding: 315,433,188 shares
+3 more
6 metrics
Shares to be sold by SL SPV-2, L.P.
48,096 shares
Planned Rule 144 sale of Dell Class C Common Stock on or after September 9, 2026
Aggregate market value of planned sale
$25,677,492.48
Value reported for 48,096 Dell Class C shares in the Form 144
Dell Class C shares outstanding
315,433,188 shares
Approximate shares outstanding referenced for Dell Class C Common Stock
Large recent block sale by Silver Lake Partners IV, L.P.
166,474 shares for $85,390,570.09
Dell Class C Common Stock sale on September 3, 2026
Recent sale by Egon Durban
37,500 shares for $19,526,647.89
Dell Class C Common Stock sale on September 4, 2026
Date of Rule 144 notice
September 9, 2026
Date the notice for SL SPV-2, L.P.’s planned sale was signed
Key Terms
Rule 144, Class C Common Stock, Conversion of Class B Common Stock, aggregate market value, +1 more
5 terms
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
"Acquired upon Conversion of Class B Common Stock of the Issuer"
aggregate market value financial
"48096 | 25677492.48 | 315433188 | 09/09/2026"
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.
significant stockholders financial
"The Seller and certain of its affiliates are, together, significant stockholders"
FAQ
What does the Form 144 filing mean for Dell (DELL)?
The filing reports that SL SPV-2, L.P., a Silver Lake–affiliated significant stockholder, intends to sell up to 48,096 shares of Dell Class C Common Stock under Rule 144. These are secondary sales by an existing holder; Dell does not register them as a new issuance here.
What does the remark about Dell’s board in the Form 144 for DELL say?
The remark explains that the seller and certain 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, highlighting governance links between Dell and the selling holder group.
AI-generated analysis. How Rhea-AI works. Not financial advice.
