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Dell holder Silver Lake plans $74.6M stock sale

Dell Technologies Inc. (DELL) received a notice that SL SPV-2, L.P., an affiliate of Silver Lake and a significant stockholder, intends to sell 151,531 shares of Dell Class C common stock under Rule 144 through Merrill Lynch.

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Form Type
144

Rhea-AI Filing Summary

Dell Technologies Inc. (DELL) received a notice that SL SPV-2, L.P., an affiliate of Silver Lake and a significant stockholder, intends to sell 151,531 shares of Dell Class C common stock under Rule 144 through Merrill Lynch.

The shares to be sold were acquired upon conversion of Class B common stock, which was originally acquired in 2019. The notice reports an aggregate market value of $74,583,558.20 for these shares, with 325,046,693 Class C shares outstanding as of September 3, 2026. The filing also lists multiple prior Rule 144 sales of Dell Class C common stock during June and July 2026 by SL SPV-2, L.P. and other Silver Lake–related entities. An executive of an affiliate of the seller currently serves on Dell’s board of directors.

Shares proposed to be sold 151,531 shares Class C common stock to be sold by SL SPV-2, L.P. under Rule 144
Aggregate market value of proposed sale $74,583,558.20 Value of 151,531 Dell Class C shares covered by the notice
Shares outstanding 325,046,693 shares Dell Class C common stock outstanding as of September 3, 2026
Example prior sale by Silver Lake Partners IV, L.P. 138,888 shares for $55,294,837.50 Dell Class C stock sold on June 8, 2026
Example prior sale by SL SPV-2, L.P. 156,470 shares for $65,693,331.94 Dell Class C stock sold on June 4, 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 ... 151531 | 74583558.20 | 325046693"
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.
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

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

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

The filing states that SL SPV-2, L.P., an affiliate of Silver Lake and a significant stockholder, intends to sell 151,531 shares of Dell Class C common stock under Rule 144, with the proposed sale handled by Merrill Lynch.

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

The notice covers a proposed sale of 151,531 shares of Dell Class C common stock, with an aggregate market value of $74,583,558.20 as reported in the filing.

What percentage context does the 151,531-share Dell (DELL) sale represent?

The filing states there were 325,046,693 Class C shares outstanding as of September 3, 2026. The 151,531 shares in the notice are measured against that outstanding share count as part of the Rule 144 disclosure framework.

Who is selling the Dell Technologies (DELL) shares and how were they acquired?

The seller is SL SPV-2, L.P.. The filing explains the shares are to be sold after being acquired upon conversion of Dell Class B common stock, which Class B shares were originally acquired in 2019.

Which broker is handling the planned Dell (DELL) share sale under Rule 144?

The planned sale of 151,531 Dell Class C shares by SL SPV-2, L.P. is listed as being through Merrill Lynch, Pierce, Fenner & Smith Inc., with the shares trading on the NYSE according to the filing.

Have Silver Lake affiliates recently sold other Dell (DELL) shares?

Yes. The filing lists multiple Dell Class C stock sales in June and July 2026 by SL SPV-2, L.P. and other Silver Lake–related entities, each with reported share amounts and dollar values under Rule 144.

What governance relationship exists between the seller and Dell Technologies (DELL)?

The remarks state that the seller and certain affiliates are significant stockholders of Dell and that an executive of an affiliate of the seller serves on Dell’s board of directors.

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

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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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