Silver Lake entities sell 2,183 Dell shares
Silver Lake investment entities associated with Dell Technologies Inc. director Egon Durban reported a net sale of 2,183 shares of Class C Common Stock on June 9, 2026, through open-market transactions at prices around $403–$406 per share.
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Form Type
4
Rhea-AI Filing Summary
Silver Lake investment entities associated with Dell Technologies Inc. director Egon Durban reported a net sale of 2,183 shares of Class C Common Stock on June 9, 2026, through open-market transactions at prices around $403–$406 per share.
The filing also notes an internal reallocation of 66,287 shares coded as an “other” transaction and multiple in-kind distributions and conversions of Class B into Class C shares, which the footnotes state were exempt from reporting under Rule 16a-13. Following these transactions, Silver Lake Partners V DE (AIV), L.P. and related entities continue to hold sizable indirect positions in Dell Class C Common Stock.
Insider Trade Summary
Net Seller: 2,183 shares
Net Sell
10 txns
Insider
Silver Lake Partners V DE (AIV), L.P., Silver Lake Technology Associates V, L.P., SLTA V (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
2,183 shs ($883K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class C Common Stock | 730 | $403.51 | $295K |
| Sale | Class C Common Stock | 576 | $404.39 | $233K |
| Sale | Class C Common Stock | 614 | $405.64 | $249K |
| Sale | Class C Common Stock | 263 | $406.30 | $107K |
| Other | Class C Common Stock | 66,287 | $0.00 | $0.00 |
| 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 — 5,322 shares (Indirect, Held through Silver Lake Partners V DE (AIV), L.P.);
Class C Common Stock — 9,359 shares (Indirect, Held through Silver Lake Group, L.L.C.);
Class C Common Stock — 216,293 shares (Indirect, See footnote);
Class C Common Stock — 1,317,963 shares (Direct)
Footnotes (13)
- 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 9, 2026 and initiated in-kind distributions of shares of Class C Common Stock on June 9, 2026. The receipt of shares of Class C Common Stock by each of the Reporting Persons in connection with such distributions was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
- 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 9, 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 and distributions described in footnote (1) above.
- F3. These securities are directly held by Silver Lake Partners V DE (AIV), L.P. The general partner of Silver Lake Partners V DE (AIV), L.P. is Silver Lake Technology Associates V, L.P. and the general partner of Silver Lake Technology Associates V, L.P. is SLTA V (GP), L.L.C.
- F4. Silver Lake Group, L.L.C. ("SLG") is the managing member of SLTA V (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. Shares held include shares of Class C Common Stock received in connection with the distributions described herein on June 9, 2026. The receipt of such shares of Class C Common Stock was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
- 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 including shares received in connection with the distributions of shares of Class C Common Stock on June 9, 2026. The receipt of such shares of Class C Common Stock indirectly by Mr. Durban was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
- F7. In connection with the distributions described in footnote (1) above, distributions of certain shares were initiated to certain employees and managing members of SLG or its affiliates, including Mr. Durban. 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 such individuals, including shares distributed in the June 9, 2026 distributions. The receipt of such shares of Class C Common Stock was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
- F8. Represents shares of Class C Common Stock held by Mr. Durban including shares received in connection with the distributions of shares of Class C Common Stock on June 9, 2026. The receipt of such shares of Class C Common Stock was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act. Mr. Durban has filed a separate Form 4 reporting transactions in securities of the Issuer on June 9, 2026.
- F9. Represents shares of Class C Common Stock beneficially owned indirectly by Mr. Durban through a trust for the benefit of certain family members, including shares received in connection with the distributions of shares of Class C Common Stock on June 9, 2026. The receipt of such shares of Class C Common Stock indirectly by Mr. Durban was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
- F10. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $402.8869 to $403.8201 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 $403.9600 to $404.9423 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 $405.1000 to $406.0000 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 $406.1500 to $406.4200 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.
Key Figures
Net shares sold: 2,183 shares
Restructuring transaction: 66,287 shares
Sample sale price: $403.51 per share
+4 more
7 metrics
Net shares sold
2,183 shares
Net open-market sales of Dell Class C Common Stock on June 9, 2026
Restructuring transaction
66,287 shares
Other acquisition or disposition (code J) at $0.0000 per share
Sample sale price
$403.51 per share
One of several reported weighted-average prices for open-market sales
Highest price range
$406.1500–$406.4200 per share
Price range for one sale tranche detailed in a footnote
Silver Lake Partners V DE (AIV), L.P. holding
71,609 shares
Total Dell Class C shares indirectly held after one listed sale
Indirect SLG holding
9,359 shares
Shares of Dell Class C Common Stock held through Silver Lake Group, L.L.C.
Durban direct holding
1,317,963 shares
Total Dell Class C Common Stock directly held after the reported date
Key Terms
Class C Common Stock, Rule 16a-13, in-kind distributions, weighted average price, +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.
Rule 16a-13 regulatory
"receipt of shares of Class C Common Stock ... was exempt from reporting pursuant to Rule 16a-13"
in-kind distributions financial
"sold certain shares ... and initiated in-kind distributions of shares of Class C Common Stock"
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.
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 its Dell (DELL) Form 4 filing?
Silver Lake-affiliated entities reported a net sale of 2,183 shares of Dell Class C Common Stock on June 9, 2026, alongside internal share redistributions and conversions described as exempt in-kind distributions under Rule 16a-13 of the Exchange Act.
How is Egon Durban connected to the Dell (DELL) Silver Lake transactions?
Egon Durban is a Dell director and a Co-CEO and Managing Member of Silver Lake Group, L.L.C. Footnotes explain that certain Dell Class C Common Stock is held through Silver Lake entities in which he has an indirect pecuniary interest, and that he filed a separate Form 4.
What role did Rule 16a-13 play in the Dell (DELL) Form 4 disclosure?
The footnotes state that Silver Lake-related entities received Dell Class C Common Stock via in-kind distributions and related conversions that were exempt from reporting under Rule 16a-13. Only the specified open-market sales and restructuring transactions are reportable in this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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