Silver Lake files notice for Dell stock sales

Dell Technologies Inc. is the issuer for a Rule 144 notice filed by Silver Lake Technology Investors IV, L.P. covering potential sales of Dell Class C common stock.

Rhea-AI Filing Summary

Dell Technologies Inc. is the issuer for a Rule 144 notice filed by Silver Lake Technology Investors IV, L.P. covering potential sales of Dell Class C common stock. The shares to be sold were acquired upon conversion of Class B common stock that was originally acquired in 2016, with Merrill Lynch, Pierce, Fenner & Smith Inc. named as broker.

The filing also lists extensive Class C common stock sales over the prior three months by related Silver Lake entities and individuals, including Silver Lake Partners IV, Silver Lake Partners V DE (AIV), SL SPV‑2 and Egon Durban. The seller and certain affiliates are described as significant stockholders of Dell, and an executive of an affiliate of the seller serves on Dell’s board of directors.

Key Figures

Sale by Silver Lake Partners IV, L.P.: 166,474 shares; $85,390,570.09 Sale by Silver Lake Partners V DE (AIV), L.P.: 87,070 shares; $44,661,370.17 Sale by SL SPV-2, L.P.: 151,531 shares; $77,725,761.84 +2 more

5 metrics

Sale by Silver Lake Partners IV, L.P. 166,474 shares; $85,390,570.09 Class C common stock sale reported for September 3, 2026

Sale by Silver Lake Partners V DE (AIV), L.P. 87,070 shares; $44,661,370.17 Class C common stock sale reported for September 3, 2026

Sale by SL SPV-2, L.P. 151,531 shares; $77,725,761.84 Class C common stock sale reported for September 3, 2026

Sale by Egon Durban 37,500 shares; $19,526,647.89 Class C common stock sale reported for September 4, 2026

Sale by Durban Family Foundation 1,250 shares; $510,096.00 Class C common stock sale reported for June 25, 2026

Key Terms

Rule 144, Class C Common Stock, conversion of Class B Common Stock, significant stockholders

4 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, which Class B Common Stock was acquired in 2016."

significant stockholders financial

"The Seller and certain of its affiliates are, together, significant stockholders of the Issuer"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did the Silver Lake affiliate file in relation to Dell Technologies Inc. (DELL)?

Silver Lake Technology Investors IV, L.P. filed a Rule 144 notice covering potential sales of Dell Technologies Inc. Class C common stock. The notice identifies Merrill Lynch, Pierce, Fenner & Smith Inc. as broker and is dated September 14, 2026.

What type of Dell (DELL) securities are covered by this Rule 144 filing?

The filing covers Class C common stock of Dell Technologies Inc. The shares to be sold were acquired upon conversion of Class B common stock of Dell, and that Class B stock was originally acquired in 2016.

How are the shares in this Dell (DELL) Rule 144 notice said to have been acquired?

The shares in the notice were acquired upon conversion of Dell Technologies Inc. Class B common stock, and the underlying Class B shares were acquired in 2016, according to the disclosure in the securities-to-be-sold section.

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

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

What Dell (DELL) share sales by Silver Lake affiliates are disclosed for the past 3 months?

The notice lists multiple Class C common stock sales by Silver Lake‑affiliated entities from June 25, 2026 through September 11, 2026, including sales by Silver Lake Partners IV, Silver Lake Partners V DE (AIV), SL SPV‑2, Silver Lake Technology Investors funds and Egon Durban.

Which broker is named for the Dell (DELL) shares in this Rule 144 filing?

The broker named is Merrill Lynch, Pierce, Fenner & Smith Inc., with an office at 555 California Street, 18th Floor, San Francisco, California. This broker is listed in connection with the Class C common stock covered by the notice.

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

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Available on EDGAR 09/14/2026 - 07:58 PM Accepted by SEC EDGAR 09/14/2026 - 07:58 PM Learn about SEC filing dates

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	0001672565
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Dell Technologies Inc.
SEC File Number	001-37867
Address of Issuer	One Dell Way Round Rock TEXAS 78682
Phone	800-289-3355
Name of Person for Whose Account the Securities are To Be Sold	Silver Lake Technology Investors IV, L.P.
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	See Remarks

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 Common Stock	Merrill Lynch, Pierce, Fenner & Smith Inc. 555 California Street 18th Floor San Francisco CA 94104	555	314845.95	315433188	09/14/2026	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 Common Stock	09/14/2026	Acquired upon Conversion of Class B Common Stock of the Issuer, which Class B Common Stock was acquired in 2016.	Issuer			555	09/14/2026	Conversion of Class B Common Stock

* 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
Durban Family Foundation c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	06/25/2026	1250	510096.00
Silver Lake Management Company III, L.L.C. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	06/26/2026	894	354361.27
Silver Lake Management Company IV, L.L.C. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	06/26/2026	2122	841112.53
Silver Lake Management Company V, L.L.C. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	06/26/2026	2769	1097568.62
Silver Lake Group, L.L.C. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	06/26/2026	10765	4267001.14
Silver Lake Technology Management LLC c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	06/26/2026	129	51132.67
Silver Lake Partners IV, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	07/06/2026	72767	29872561.63
Silver Lake Partners V DE (AIV), L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	07/06/2026	36983	15182389.64
SL SPV-2, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	07/06/2026	63204	25946725.65
Silver Lake Technology Investors IV, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	07/06/2026	1410	578838.10
Silver Lake Technology Investors V, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	07/06/2026	636	261092.93
Silver Lake Partners IV, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	07/08/2026	72852	31119051.18
Silver Lake Partners V DE (AIV), L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	07/08/2026	37004	15806420.83
SL SPV-2, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	07/08/2026	63095	26951305.86
Silver Lake Technology Investors IV, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	07/08/2026	1412	603141.99
Silver Lake Technology Investors V, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	07/08/2026	637	272097.34
Silver Lake Partners IV, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	07/09/2026	68706	31160851.63
Silver Lake Partners V DE (AIV), L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	07/09/2026	34869	15814451.95
SL SPV-2, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	07/09/2026	59493	26982396.68
Silver Lake Technology Investors IV, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	07/09/2026	1332	604113.97
Silver Lake Technology Investors V, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	07/09/2026	600	272123.41
Silver Lake Partners IV, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/03/2026	166474	85390570.09
Silver Lake Partners V DE (AIV), L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/03/2026	87070	44661370.17
SL SPV-2, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/03/2026	151531	77725761.84
Silver Lake Technology Investors IV, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/03/2026	3394	1740906.06
Silver Lake Technology Investors V, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/03/2026	1531	785305.59
Silver Lake Partners IV, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/04/2026	54732	28533852.53
Silver Lake Partners V DE (AIV), L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/04/2026	28698	14961348.02
SL SPV-2, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/04/2026	49947	26039251.85
Silver Lake Technology Investors IV, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/04/2026	1119	583376.84
Silver Lake Technology Investors V, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/04/2026	504	262754.18
Egon Durban c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/04/2026	37500	19526647.89
Silver Lake Partners IV, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/08/2026	54732	28847629.23
Silver Lake Partners V DE (AIV), L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/08/2026	28695	15124291.47
SL SPV-2, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/08/2026	49949	26326650.45
Silver Lake Technology Investors IV, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/08/2026	1119	589792.02
Silver Lake Technology Investors V, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/08/2026	505	266170.66
Egon Durban c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/08/2026	2900	1534363.84
Silver Lake Partners IV, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/09/2026	52711	28484300.73
Silver Lake Partners V DE (AIV), L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/09/2026	27629	14930332.28
SL SPV-2, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/09/2026	48096	25990418.09
Silver Lake Technology Investors IV, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/09/2026	1078	582536.40
Silver Lake Technology Investors V, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/09/2026	486	262627.73
Egon Durban c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/09/2026	1900	1015451.74
Silver Lake Partners IV, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/11/2026	79071	44180551.51
Silver Lake Partners V DE (AIV), L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/11/2026	41434	23151053.75
SL SPV-2, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/11/2026	72149	40312916.38
Silver Lake Technology Investors IV, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/11/2026	1617	903491.19
Silver Lake Technology Investors V, L.P. c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/11/2026	729	407325.34
Egon Durban c/o Silver Lake 2775 Sand Hill Road Suite 100 Menlo Park CA 94025	Class C Common Stock	09/11/2026	1900	1065650.80

144: Remarks and Signature

Remarks	The Seller and certain of its affiliates are, together, significant stockholders of the Issuer and an executive of an affiliate of the Seller currently serves as a member of the board of directors of the Issuer.
Date of Notice	09/14/2026
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	Silver Lake Technology Investors IV, L.P. By: /s/ Justin G. Hamill, Chief Legal Officer
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)