Silver Lake affiliate trims Dell Technologies (NYSE: DELL) stake with 412-share sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Silver Lake Technology Investors V, L.P., an entity affiliated with Dell director Egon Durban, reported open-market sales of 412 shares of Dell Technologies Inc. Class C Common Stock on June 10, 2026. The shares were sold at prices reported as weighted averages across ranges from $390.3900 to $398.8300 per share.
Following these sales, Silver Lake Technology Investors V, L.P. held 385 shares of Class C Common Stock. The filing also shows Durban directly holding 1,317,963 shares of Class C Common Stock, along with additional indirect holdings through Silver Lake entities and a family trust, indicating that the reported sales represent a very small portion of the overall position.
Positive
- None.
Negative
- None.
Insights
Silver Lake affiliate makes a very small open‑market trim of Dell shares.
The filing shows Silver Lake Technology Investors V, L.P., affiliated with director Egon Durban, selling 412 shares of Dell Class C Common Stock in several open-market transactions on June 10, 2026. Sale prices, reported as weighted averages, span roughly $390 to just under $399 per share.
Context in the same report highlights that Durban directly owns 1,317,963 shares of Class C Common Stock, plus indirect interests through Silver Lake entities and a family trust. Against that backdrop, the 412-share sale appears routine and immaterial in size, suggesting no clear shift in overall ownership stance based solely on this filing.
Insider Trade Summary
Net Seller: 412 shares ($162,735)
Net Sell
15 txns
Insider
Silver Lake Technology Investors V, L.P., Silver Lake Technology Associates V, L.P., SLTA V (GP), L.L.C., Silver Lake Group, L.L.C., Durban Egon
Role
null | null | null | null | null
Sold
412 shs ($163K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class C Common Stock | 25 | $391.03 | $10K |
| Sale | Class C Common Stock | 31 | $391.85 | $12K |
| Sale | Class C Common Stock | 44 | $393.15 | $17K |
| Sale | Class C Common Stock | 76 | $394.12 | $30K |
| Sale | Class C Common Stock | 74 | $395.00 | $29K |
| Sale | Class C Common Stock | 65 | $396.09 | $26K |
| Sale | Class C Common Stock | 35 | $397.11 | $14K |
| Sale | Class C Common Stock | 54 | $398.07 | $21K |
| Sale | Class C Common Stock | 8 | $398.73 | $3K |
| 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 — 385 shares (Indirect, Held through Silver Lake Technology Investors V, L.P.);
Class C Common Stock — 1,317,963 shares (Direct, null)
Footnotes (1)
- 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. 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. These securities are directly held by Silver Lake Technology Investors V, L.P. The general partner of Silver Lake Technology Investors V, 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. 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. Reflects shares of Class C Common Stock held by SLG. These shares of Class C Common Stock are held by entities in which Mr. Durban may be deemed to have an indirect pecuniary interest. 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. Represents shares of Class C Common Stock held directly by Mr. Durban. Represents shares of Class C Common Stock beneficially owned indirectly by Mr. Durban through a trust for the benefit of certain family members. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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 IV, 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: 412 shares
Sale price range (low): $390.3900/share
Sale price range (high): $398.8300/share
+4 more
7 metrics
Shares sold
412 shares
Total Class C Common Stock sold on June 10, 2026
Sale price range (low)
$390.3900/share
Lowest weighted-average price range disclosed for sales
Sale price range (high)
$398.8300/share
Highest weighted-average price range disclosed for sales
Silver Lake Investors V post-sale holdings
385 shares
Class C Common Stock held by Silver Lake Technology Investors V, L.P. after sales
Egon Durban direct holdings
1,317,963 shares
Class C Common Stock held directly by Egon Durban after transactions
SL SPV-2 holdings
49,369 shares
Class C Common Stock held by SL SPV-2, L.P. after sales (noted in footnote F19)
Silver Lake Partners IV holdings
37,592 shares
Class C Common Stock held by Silver Lake Partners IV, L.P. after sales (footnote F19)
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"
beneficially owned indirectly financial
"Represents shares of Class C Common Stock beneficially owned indirectly by Mr. Durban"
FAQ
Did the Dell (DELL) Form 4 include any option exercises or derivative transactions?
No derivative transactions are reported in this Form 4. The derivativeSummary section is empty, and the transaction list shows only non-derivative Class C Common Stock entries, primarily small open-market sales and updated holdings information.