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Dell holder Silver Lake plans $27.5M stock sale

Dell Technologies Inc. (DELL) received a notice that Silver Lake Partners IV, L.P. plans a potential resale of Dell Class C Common Stock under Rule 144.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Dell Technologies Inc. (DELL) received a notice that Silver Lake Partners IV, L.P. plans a potential resale of Dell Class C Common Stock under Rule 144. The notice covers up to 51,494 shares of Class C stock, with an aggregate market value of $27,512,214.32, to be sold through Merrill Lynch, Pierce, Fenner & Smith Inc. on or about September 15, 2026. The shares are to be sold after being acquired upon conversion of Dell Class B Common Stock originally obtained in 2016. Class C shares outstanding were 315,433,188 as of September 15, 2026; this is a baseline figure, not the amount being offered. The seller and its affiliates are described as significant stockholders of Dell, and an executive of a seller affiliate serves on Dell’s board of directors.

Positive

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Shares to be sold under Form 144 51,494 shares Class C Common Stock covered by the notice, on or about September 15, 2026
Aggregate market value of shares to be sold $27,512,214.32 Value of the 51,494 Dell Class C shares covered by the Form 144
Class C shares outstanding 315,433,188 shares Dell Class C Common Stock outstanding as of September 15, 2026
Prior sale by Silver Lake Partners IV on September 3, 2026 166,474 shares for $85,390,570.09 Class C Common Stock sold during the past 3 months
Prior sale by Egon Durban on September 4, 2026 37,500 shares for $19,526,647.89 Class C Common Stock sold during the past 3 months
Approximate date of sale September 15, 2026 Planned sale date for the 51,494 shares covered by the notice
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.
aggregate market value financial
"Class C Common Stock | ... | 51494 | 27512214.32 | 315433188 | 09/15/2026"
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.
conversion of Class B Common Stock financial
"Acquired upon Conversion of Class B Common Stock of the Issuer"

FAQ

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

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

It reports that Silver Lake Partners IV, L.P. has filed a notice of its intent to sell Dell Class C Common Stock under Rule 144. This is a potential secondary sale by an existing stockholder and does not involve Dell issuing new shares.

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

The notice covers up to 51,494 shares of Dell Class C Common Stock. These shares are expected to be sold through Merrill Lynch, Pierce, Fenner & Smith Inc. around September 15, 2026, subject to Rule 144 conditions.

What is the aggregate market value of the Dell (DELL) shares in this Form 144?

The filing lists an aggregate market value of $27,512,214.32 for the 51,494 Dell Class C shares covered. This figure reflects the market value used for the Rule 144 notice at the time of filing.

How many Dell (DELL) Class C shares were outstanding at the time of the notice?

Class C Common Stock outstanding was 315,433,188 shares as of September 15, 2026. This represents Dell’s total Class C shares at that date and is separate from the 51,494 shares covered by the potential sale.

Who is selling Dell (DELL) shares and what is their relationship to the company?

The seller is Silver Lake Partners IV, L.P.. The remarks state that the seller and certain affiliates are significant Dell stockholders, and an executive of a seller affiliate currently serves on Dell’s board of directors.

How were the Dell (DELL) shares in this Form 144 originally acquired?

The shares to be sold were acquired upon conversion of Dell Class B Common Stock. The filing states that the Class B shares being converted were originally acquired in 2016.

What recent Dell (DELL) share sales by Silver Lake affiliates are disclosed?

The filing lists multiple prior 3‑month sales, including 166,474 shares by Silver Lake Partners IV, L.P. on September 3, 2026 for $85,390,570.09, and 37,500 shares by Egon Durban on September 4, 2026 for $19,526,647.89.

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

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Learn about SEC filing dates

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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