Dell foundation plans sale of 2.46M Class C shares
Dell Technologies Inc. (DELL) received a notice that the Michael & Susan Dell Foundation intends to sell 2,459,804 shares of Class C common stock under Rule 144.
Rhea-AI Filing Summary
Dell Technologies Inc. (DELL) received a notice that the Michael & Susan Dell Foundation intends to sell 2,459,804 shares of Class C common stock under Rule 144. The shares are to be sold through Merrill Lynch on the NYSE, with a filing signature dated September 3, 2026.
The notice itemizes three planned sales of Class C shares that were acquired as gifts to the private foundation from Michael S. Dell, with prior acquisition dates listed as January 2, 1998 and proposed sale dates in December 2024 and October 2025.
Positive
- None.
Negative
- None.
Key Figures
Planned Class C shares to be sold: 2,459,804 shares
First tranche shares: 159,804 shares
Second tranche shares: 1,150,000 shares
+2 more
5 metrics
Planned Class C shares to be sold
2,459,804 shares
Total Class C common stock indicated for sale under Rule 144
First tranche shares
159,804 shares
Class C shares with proposed sale date December 9, 2024
Second tranche shares
1,150,000 shares
Class C shares with proposed sale date October 1, 2025
Third tranche shares
1,150,000 shares
Class C shares with proposed sale date October 2, 2025
Filing signature date
September 3, 2026
Date of signature by Michael & Susan Dell Foundation
Key Terms
Rule 144, private foundation, Class C, NYSE
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.
private foundation financial
"Acquired as a gift to private foundation"
Class C financial
"Class C | 12/09/2024 | Acquired as a gift"
Class C is a category of company shares that carries a specific set of rights—commonly limited or no voting power while preserving rights to dividends and price appreciation. It matters to investors because those rights affect how much influence an owner has over company decisions and can change a share’s demand and price, much like choosing a concert ticket that gives the same seat view but different backstage access.
NYSE market
"09/03/2026 | NYSE"
A large, regulated marketplace where stocks and other securities are listed and traded, acting like a global auction house that matches buyers and sellers and helps determine share prices. It matters to investors because listing and trading there provide liquidity, price discovery, and regulatory oversight—making it easier to buy or sell holdings and giving companies a visible platform that can affect credibility and access to capital.
FAQ
What does the Form 144 filing disclose for Dell Technologies Inc. (DELL)?
The filing discloses that the Michael & Susan Dell Foundation plans to sell 2,459,804 shares of Dell Technologies Class C common stock under Rule 144, with Merrill Lynch as the broker and sales expected to occur on the NYSE.
Who is the selling security holder in this Dell (DELL) Form 144?
The selling security holder is the Michael & Susan Dell Foundation, a private foundation for whose account the Dell Technologies Class C shares are to be sold, with the shares having been acquired as gifts from Michael S. Dell.
AI-generated analysis. How Rhea-AI works. Not financial advice.
