Silver Lake March sales of Dell (DELL) Class C shares across fund vehicles

Rhea-AI Filing Summary

Silver Lake affiliates reported multiple resale transactions of Dell Class C Common Stock in March 2026. The filings list routine disposals by Silver Lake entities on several dates, including Silver Lake Partners IV, L.P. selling 187,352 shares on 03/20/2026 and SL SPV-2, L.P. selling 161,571 shares on 03/20/2026. The entries show per-transaction dollar amounts alongside share counts for each sale.

Insights

Private Equity Analyst

Large affiliate holdings were disposed across multiple March 2026 trades.

The excerpt lists repeated sales by Silver Lake entities of Class C Common Stock on multiple March 2026 dates. Individual rows pair share counts with proceeds; for example, 187,352 shares generated $30,977,497.80 on 03/20/2026.

These entries document executed dispositions by affiliated funds rather than issuer actions; cash-flow recipients are the selling entities. Subsequent filings may clarify any trading plans or aggregation but timing and proceeds per line are shown in the excerpt.

Equity Markets Specialist

Transaction pattern shows staged sales across multiple fund vehicles and dates.

The schedule groups sales by related entities (e.g., Silver Lake Partners IV, V; SL SPV-2) with repeated entries over March 2026, indicating staged dispositions. Each line pairs a specific share count and dollar amount, for instance 161,571 shares for $26,714,768.44 on 03/20/2026.

These are resale transactions reported under regulatory rules; the excerpt does not state any issuer proceeds or change to issued share capital. Further filings would be needed for total aggregate sold by all entities.

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 Common Stock	Merrill Lynch, Pierce, Fenner & Smith Inc. 555 California Street 18th Floor San Francisco CA 94104	98063	15461593.21	318358135	03/23/2026	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	03/23/2026	Acquired upon Conversion of Class B Common Stock of the Issuer, which Class B Common Stock was acquired in 2019.	Issuer			98063	03/23/2026	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
Silver Lake Partners IV, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025	Class C Common Stock	03/02/2026	208174	31264600.32
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	03/02/2026	106670	16020227.87
SL SPV-2, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025	Class C Common Stock	03/02/2026	179400	26943178.77
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	03/02/2026	3967	595783.67
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	03/02/2026	1789	268680.86
Silver Lake Partners IV, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025	Class C Common Stock	03/04/2026	212193	31155473.69
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	03/04/2026	108889	15987748.44
SL SPV-2, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025	Class C Common Stock	03/04/2026	183048	26876226.57
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	03/04/2026	4046	594058.32
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	03/04/2026	1824	267810.61
Silver Lake Group, L.L.C. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025	Class C Common Stock	03/06/2026	2366	347221.10
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	03/06/2026	357	52391.35
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	03/06/2026	835	122539.99
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	03/06/2026	809	118724.38
Silver Lake Technology Management, L.L.C. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025	Class C Common Stock	03/06/2026	50	7337.72
Silver Lake Partners IV, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025	Class C Common Stock	03/17/2026	98767	15249682.08
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	03/17/2026	50666	7822859.79
SL SPV-2, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025	Class C Common Stock	03/17/2026	85262	13164502.25
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	03/17/2026	1886	291199.49
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	03/17/2026	851	131394.89
Silver Lake Partners IV, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025	Class C Common Stock	03/18/2026	41592	6356034.91
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	03/18/2026	21343	3261609.28
SL SPV-2, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025	Class C Common Stock	03/18/2026	35906	5487107.85
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	03/18/2026	794	121338.04
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	03/18/2026	358	54709.09
Silver Lake Partners IV, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025	Class C Common Stock	03/20/2026	187352	30977497.80
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	03/20/2026	95884	15853828.08
SL SPV-2, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025	Class C Common Stock	03/20/2026	161571	26714768.44
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	03/20/2026	3579	591765.58
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	03/20/2026	1614	266864.95

144: Remarks and Signature

Remarks

Date of Notice

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

What sales of Dell (DELL) Class C shares are reported by Silver Lake in March 2026?

The excerpt shows multiple sales across March 2026 by Silver Lake affiliates. Examples include 187,352 shares sold on 03/20/2026 and 161,571 shares sold on 03/20/2026, each accompanied by a per-line dollar amount in the filing.

Which Silver Lake entities appear as sellers in the Form 144 excerpt for DELL?

The selling entities listed include Silver Lake Partners IV, L.P.; Silver Lake Partners V DE (AIV), L.P.; SL SPV-2, L.P.; and affiliated management and technology funds, each showing specific share counts and proceeds on March 2026 dates.

Do the filings state who receives the proceeds from these Dell share sales?

The lines pair share counts with dollar amounts tied to each Silver Lake entity. The excerpt indicates proceeds per transaction but does not reassign proceeds to any other party; the selling entities are shown as the parties disposing of the shares.

Are these sales described as conversions or acquisitions in the excerpt?

One entry notes Class C shares were "Acquired upon Conversion of Class B Common Stock" on 03/23/2026. Most other rows in March 2026 are recorded as securities sold with share counts and proceeds listed per entity and date.

Does the excerpt quantify total shares sold by Silver Lake across the period?

The excerpt provides individual transaction rows with share counts and dollar amounts but does not present a summed aggregate total for all Silver Lake entities; totals would require summing the per-line entries not aggregated in the provided text.