Silver Lake funds sell 911 Dell shares
Silver Lake-affiliated funds reported small open-market sales of Dell Technologies Class C Common Stock.
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Form Type
4
Rhea-AI Filing Summary
Silver Lake-affiliated funds reported small open-market sales of Dell Technologies Class C Common Stock. On June 10, 2026, Silver Lake Technology Investors IV, L.P. sold a total of 911 shares of Dell Class C in a series of open-market transactions at prices reported between $390.39 and $398.83 per share, following conversions of Class B shares into Class C shares in connection with these sales.
After these transactions, entities associated with Silver Lake and director Egon Durban continued to report significant direct and indirect holdings, including 1,317,963 Class C shares held directly by Mr. Durban and additional indirect positions through various Silver Lake and related entities.
Insider Trade Summary
Net Seller: 911 shares
Net Sell
15 txns
Insider
Silver Lake Technology Investors IV, L.P., Silver Lake Technology Associates IV, L.P., SLTA IV (GP), L.L.C., Silver Lake Group, L.L.C., Durban Egon
Role
Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director
Sold
911 shs ($360K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class C Common Stock | 56 | $391.03 | $22K |
| Sale | Class C Common Stock | 69 | $391.85 | $27K |
| Sale | Class C Common Stock | 97 | $393.15 | $38K |
| Sale | Class C Common Stock | 168 | $394.12 | $66K |
| Sale | Class C Common Stock | 164 | $395.00 | $65K |
| Sale | Class C Common Stock | 143 | $396.09 | $57K |
| Sale | Class C Common Stock | 78 | $397.11 | $31K |
| Sale | Class C Common Stock | 119 | $398.07 | $47K |
| Sale | Class C Common Stock | 17 | $398.73 | $7K |
| holding | Class C Common Stock | -- | -- | -- |
| holding | Class C Common Stock | -- | -- | -- |
| holding | Class C Common Stock | -- | -- | -- |
| holding | Class C Common Stock | -- | -- | -- |
| holding | Class C Common Stock | -- | -- | -- |
| holding | Class C Common Stock | -- | -- | -- |
Holdings After Transaction:
Class C Common Stock — 0 shares (Indirect, Held through Silver Lake Technology Investors IV, L.P.);
Class C Common Stock — 9,359 shares (Indirect, Held through Silver Lake Group, L.L.C.);
Class C Common Stock — 332,802 shares (Indirect, See footnote);
Class C Common Stock — 1,317,963 shares (Direct)
Footnotes (19)
- F1. Silver Lake Technology Investors V, L.P., SL SPV-2, L.P., Silver Lake Partners IV, L.P., Silver Lake Partners V DE (AIV), L.P., Silver Lake Technology Investors IV, L.P. and certain of their respective affiliates sold certain shares of Class C Common Stock, par value $0.01 per share ("Class C Common Stock") of Dell Technologies Inc. (the "Issuer") on June 10, 2026.
- F2. Each share of Class B Common Stock, par value $0.01 per share of the Issuer (the "Class B Common Stock") is convertible into one share of Class C Common Stock at any time, at the election of the holder or automatically upon certain transfers, and has no expiration date. On June 10, 2026, certain of the Reporting Persons converted shares of Class B Common Stock into an equal number of shares of Class C Common Stock in connection with the sales described in footnote (1) above.
- F3. These securities are directly held by Silver Lake Technology Investors IV, L.P. The general partner of Silver Lake Technology Investors IV, L.P. is Silver Lake Technology Associates IV, L.P. and the general partner of Silver Lake Technology Associates IV, L.P. is SLTA IV (GP), L.L.C.
- F4. Silver Lake Group, L.L.C. ("SLG") is the managing member of SLTA IV (GP), L.L.C. Egon Durban, who serves as a director of the Issuer, also serves as a Co-CEO and Managing Member of SLG. Each of the Reporting Persons may be deemed a director by deputization of the Issuer.
- F5. Reflects shares of Class C Common Stock held by SLG.
- F6. These shares of Class C Common Stock are held by entities in which Mr. Durban may be deemed to have an indirect pecuniary interest.
- F7. This amount reflects 24,563, 24,932, 114,663 and 56 shares held by SLTA SPV-2, L.P., Silver Lake Technology Associates V, L.P., SLG and Silver Lake Secondary Holdings L.P., respectively, on behalf of certain employees and managing members of SLG or its affiliates.
- F8. Represents shares of Class C Common Stock held directly by Mr. Durban.
- F9. Represents shares of Class C Common Stock beneficially owned indirectly by Mr. Durban through a trust for the benefit of certain family members.
- F10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $390.3900 to $391.3700 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $391.4600 to $392.4000 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $392.5600 to $393.5500 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $393.5800 to $394.5600 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $394.5800 to $395.5700 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $395.5800 to $396.5750 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F16. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $396.6150 to $397.6000 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F17. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $397.6100 to $398.6000 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F18. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $398.6100 to $398.8300 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F19. Following the transactions described in footnote (1), SL SPV-2, L.P. directly holds 49,369 shares of Class C Common Stock, Silver Lake Partners IV L.P. directly holds 37,592 shares of Class C Common Stock, Silver Lake Partners V DE (AIV), L.P. directly holds 29,548 shares of Class C Common Stock, and Silver Lake Technology Investors V, L.P. directly holds 0 shares of Class C Common Stock, which securities and transactions are reported on separate Form 4 filings.
Key Figures
Shares sold: 911 shares
Sale price range: $390.39–$398.83 per share
Durban direct holding: 1,317,963 shares
+2 more
5 metrics
Shares sold
911 shares
Total Dell Class C shares sold June 10, 2026
Sale price range
$390.39–$398.83 per share
Weighted-average price ranges across multiple trades
Durban direct holding
1,317,963 shares
Class C shares held directly by Egon Durban after transactions
Indirect holding (example)
9,359 shares
Class C shares held through Silver Lake Group, L.L.C.
Indirect trust holding
164,214 shares
Class C shares beneficially owned via a family trust
Key Terms
Class C Common Stock, Class B Common Stock, weighted average price, indirect pecuniary interest, +1 more
5 terms
Class C Common Stock financial
"sold certain shares of Class C Common Stock, par value $0.01 per share"
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.
Class B Common Stock financial
"Each share of Class B Common Stock is convertible into one share of Class C"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect pecuniary interest financial
"shares of Class C Common Stock are held by entities in which Mr. Durban may be deemed to have an indirect pecuniary interest."
director by deputization regulatory
"Each of the Reporting Persons may be deemed a director by deputization of the Issuer."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Silver Lake report in this Dell (DELL) Form 4 filing?
Silver Lake Technology Investors IV, L.P. reported selling 911 shares of Dell Class C Common Stock on June 10, 2026. The trades were open-market sales at prices around the high-$390 range per share.
Who is the reporting insider in this Dell (DELL) Form 4?
The reporting persons are Silver Lake investment entities and related general partners, along with director Egon Durban. The shares sold were held through Silver Lake Technology Investors IV, L.P., a Silver Lake fund associated with these reporting entities.
Were the Dell (DELL) sales by Silver Lake large or routine in scale?
The filing shows 911 Dell Class C shares sold by Silver Lake Technology Investors IV, L.P., a relatively small amount compared with the over 1.3 million Class C shares directly held by Egon Durban, plus other indirect holdings reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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