Dell Technologies insider sells 5,516 shares
Dell Technologies Inc. insider affiliates linked to Silver Lake Partners IV, L.P. and director Egon Durban reported open-market sales of 5,516 shares of Class C Common Stock on September 15, 2026.
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Form Type
4
Rhea-AI Filing Summary
Dell Technologies Inc. insider affiliates linked to Silver Lake Partners IV, L.P. and director Egon Durban reported open-market sales of 5,516 shares of Class C Common Stock on September 15, 2026. The sales, some following conversions of Class B into Class C shares, were executed at weighted average prices ranging from $546.05 to $565.00 per share. After these transactions, 61,474 shares are held indirectly through Silver Lake Partners IV, L.P., and 3,215 shares are held indirectly through Silver Lake Group, L.L.C., with reporting persons disclaiming beneficial ownership beyond their pecuniary interests.
Insider Trade Summary
Net Seller: 5,516 shares
Net Sell
10 txns
Insider
Silver Lake Partners 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
5,516 shs ($3.03M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class C Common Stock F1, F2, F10, F3, F4 | 766 | $564.46 | $432K |
| Sale | Class C Common Stock F11, F8 | 800 | $546.65 | $437K |
| Sale | Class C Common Stock F12, F8 | 2,101 | $547.48 | $1.15M |
| Sale | Class C Common Stock F13, F8 | 1,449 | $548.47 | $795K |
| Sale | Class C Common Stock F14, F8 | 400 | $549.16 | $220K |
| holding | Class C Common Stock F4, F5 | -- | -- | -- |
| holding | Class C Common Stock F6 | -- | -- | -- |
| holding | Class C Common Stock F7 | -- | -- | -- |
| holding | Class C Common Stock F9 | -- | -- | -- |
| holding | Class C Common Stock F15 | -- | -- | -- |
Holdings After Transaction:
Class C Common Stock — 61,474 shares (Indirect, Held through Silver Lake Partners IV, L.P.);
Class C Common Stock — 1,390,900 shares (Direct);
Class C Common Stock — 3,215 shares (Indirect, Held through Silver Lake Group, L.L.C.);
Class C Common Stock — 398,240 shares (Indirect, See footnote)
Footnotes (15)
- 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 September 15, 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 September 15, 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 held by Silver Lake Partners IV, L.P. The general partner of Silver Lake Partners 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 the CEO and a 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. Reflects shares of Class C Common Stock held by entities in which Mr. Durban may be deemed to have an indirect pecuniary interest.
- F7. This amount reflects 41,375, 137,789, 35,426 and 24,766 shares held by SLTA SPV-2, L.P., Silver Lake Technology Associates IV, L.P., Silver Lake Technology Associates V, L.P. and SLG, respectively, on behalf of certain employees and managing members of SLG or its affiliates.
- F8. Reflects shares of Class C Common Stock held directly by Mr. Durban.
- F9. Reflects 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 $564.1929 to $565.0000 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.
- F11. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $546.0500 to $547.0000 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.
- F12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $547.0600 to $547.9900 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 $548.0000 to $548.9400 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 $549.0800 to $549.2200 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. Following the transactions described in footnote (1), SL SPV-2, L.P. directly holds 69,601 shares of Class C Common Stock, Silver Lake Partners V DE (AIV), L.P. directly holds 35,988 shares of Class C Common Stock, Silver Lake Technology Investors IV, L.P. directly holds 0 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: 5,516 shares
Sale price (weighted average example): $564.46 per share
Sale price range (lowest bucket): $546.05–$547.00 per share
+4 more
7 metrics
Shares sold
5,516 shares
Total Class C Common Stock sold on September 15, 2026 across reported transactions
Sale price (weighted average example)
$564.46 per share
Weighted average price for 766 sold shares with trades between $564.1929 and $565.00
Sale price range (lowest bucket)
$546.05–$547.00 per share
Price range for 800 sold shares with $546.65 weighted average
Sale price range (highest bucket)
$564.1929–$565.00 per share
Price range for 766 sold shares with $564.46 weighted average
Indirect holdings via Silver Lake Partners IV, L.P.
61,474 shares
Class C Common Stock held indirectly after the reported sales
Indirect holdings via Silver Lake Group, L.L.C.
3,215 shares
Class C Common Stock held indirectly through Silver Lake Group, L.L.C.
Holding entries
5 entries
Number of non-transaction holding lines reported in the Form 4
Key Terms
Class C Common Stock, Class B Common Stock, convertible, weighted average price, +2 more
6 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"
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.
convertible financial
"Class B Common Stock ... is convertible into one share of Class C"
A convertible is a type of investment that starts as a loan or preferred stake (like a bond or preferred share) but can be exchanged for common shares of the company at a set price or under certain conditions. It matters to investors because it offers a mix of steady income and downside protection like a loan, plus the upside of stock ownership if the company does well—similar to holding a coupon that you can trade for a full ticket if the event becomes valuable.
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
"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"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What indirect Dell (DELL) holdings are reported through Silver Lake Group, L.L.C.?
The filing reports 3,215 shares of Dell Class C Common Stock held indirectly through Silver Lake Group, L.L.C.. Egon Durban is CEO and a Managing Member of Silver Lake Group and also serves as a director of Dell Technologies Inc.
Is there a Rule 10b5-1 trading plan associated with these DELL transactions?
No. The document-level checkbox for Rule 10b5-1 plans is not marked, and the footnotes do not state that the trades were made pursuant to a Rule 10b5-1 or other pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
