STOCK TITAN

Dell (DELL) COO awarded 335,628 RSU shares, 83,441 withheld for taxes

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Dell Technologies COO and Vice Chairman Jeffrey W. Clarke reported routine equity compensation activity involving Dell Class C common stock. On March 15, 2026, 83,441 shares were withheld by Dell to cover tax liabilities from partial vesting of prior RSU grants made on March 15, 2023, 2024 and 2025, a non-market disposition.

Clarke also received a of Class C common stock at no cost as a compensation award. A separate performance-based RSU award from March 15, 2023 resulted in 335,628 shares certified as earned, net of 131,081 shares withheld for taxes. After these changes, he holds 1,803,414 shares directly, plus 200,000 shares indirectly through two family trusts where he and his spouse serve as co-managing trustees.

Positive

  • None.

Negative

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Insider CLARKE JEFFREY W
Role COO & Vice Chairman
Type Security Shares Price Value
Tax Withholding Class C Common Stock 83,441 $151.62 $12.65M
Grant/Award Class C Common Stock 204,547 $0.00 --
holding Class C Common Stock -- -- --
holding Class C Common Stock -- -- --
Holdings After Transaction: Class C Common Stock — 1,598,867 shares (Direct); Class C Common Stock — 100,000 shares (Indirect, By trust)
Footnotes (1)
  1. Represents shares withheld by the Issuer for payment of the tax liability incurred upon the partial vesting of RSUs granted on March 15, 2023, March 15, 2024 and March 15, 2025. Represents 335,628 shares certified as earned with respect to an award of performance-based RSUs granted on March 15, 2023, net of 131,081 shares withheld by the Issuer for payment of the tax liability incurred on vesting of such shares. Vesting of the performance-based RSUs occurred simultaneously with their certification. Held by two family trusts of which the reporting person and his spouse serve as Co-Managing Trustees.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
CLARKE JEFFREY W

(Last) (First) (Middle)
ONE DELL WAY

(Street)
ROUND ROCK TX 78682

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Dell Technologies Inc. [ DELL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
COO & Vice Chairman
3. Date of Earliest Transaction (Month/Day/Year)
03/15/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class C Common Stock 03/15/2026 F 83,441(1) D $151.62 1,598,867 D
Class C Common Stock 03/15/2026 A 204,547(2) A $0 1,803,414 D
Class C Common Stock 100,000 I By trust(3)
Class C Common Stock 100,000 I By Trust(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Represents shares withheld by the Issuer for payment of the tax liability incurred upon the partial vesting of RSUs granted on March 15, 2023, March 15, 2024 and March 15, 2025.
2. Represents 335,628 shares certified as earned with respect to an award of performance-based RSUs granted on March 15, 2023, net of 131,081 shares withheld by the Issuer for payment of the tax liability incurred on vesting of such shares. Vesting of the performance-based RSUs occurred simultaneously with their certification.
3. Held by two family trusts of which the reporting person and his spouse serve as Co-Managing Trustees.
Remarks:
/s/ James Williamson, Attorney-in-Fact 03/17/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Dell (DELL) COO Jeffrey Clarke report?

Jeffrey Clarke reported routine equity compensation activity, not open-market trading. Dell withheld 83,441 shares to cover tax liabilities from RSU vesting, and Clarke received 204,547 Class C common shares as a grant, along with performance-based RSUs certified as earned.

How many Dell (DELL) shares were granted or earned by Jeffrey Clarke?

Clarke received a grant of 204,547 Class C common shares at no cost. In addition, 335,628 shares were certified as earned from a performance-based RSU award granted March 15, 2023, reflecting equity compensation rather than a market purchase.

How many Dell (DELL) shares were withheld for Jeffrey Clarke’s tax obligations?

Dell withheld 83,441 shares to cover tax liabilities from partial vesting of RSUs granted on March 15, 2023, 2024 and 2025. Separately, 131,081 shares from a performance-based RSU award were also withheld upon vesting to satisfy associated tax obligations.

What are Jeffrey Clarke’s Dell (DELL) share holdings after these transactions?

Following the reported compensation events, Clarke holds 1,803,414 Dell Class C common shares directly. He also has indirect ownership of 200,000 shares held in two family trusts, where he and his spouse serve as co-managing trustees overseeing those trust positions.

Were Jeffrey Clarke’s Dell (DELL) transactions open-market buys or sells?

The filing shows no open-market buys or sells. Activity reflects equity compensation and tax withholding: a grant of 204,547 shares at no cost and 83,441 plus 131,081 shares withheld by Dell solely to cover tax liabilities tied to RSU vesting.

What type of RSUs are involved in Jeffrey Clarke’s Dell (DELL) Form 4?

The activity involves time-based RSUs granted on March 15, 2023, 2024 and 2025, which partially vested, and a performance-based RSU award from March 15, 2023. That performance-based award resulted in 335,628 shares certified as earned, with some shares withheld for taxes.