Dell Technologies (NYSE: DELL) holder Silver Lake sells 1,332 Class C shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Entities affiliated with Silver Lake, including reporting person Silver Lake Technology Investors IV, L.P., reported insider activity in Dell Technologies Inc. On July 9, 2026, they converted 1,332 shares of Class B Common Stock into an equal number of Class C Common Stock and sold 1,332 Class C shares in open-market transactions. Footnotes state the weighted-average sale prices for these trades ranged from about $447.5921 to $460.4699 per share. The reporting persons continue to indirectly hold Class B Common Stock convertible into 43,382,138.0000 shares of Class C, which is a separate, ongoing position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,332 shares ($604,114)
Net Sell
20 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
1,332 shs ($604K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Class B Common Stock | 1,332 | $0.00 | -- |
| Exercise | Class C Common Stock | 1,332 | -- | -- |
| Sale | Class C Common Stock | 12 | $448.17 | $5K |
| Sale | Class C Common Stock | 48 | $449.22 | $22K |
| Sale | Class C Common Stock | 107 | $450.17 | $48K |
| Sale | Class C Common Stock | 187 | $451.08 | $84K |
| Sale | Class C Common Stock | 236 | $452.07 | $107K |
| Sale | Class C Common Stock | 161 | $453.06 | $73K |
| Sale | Class C Common Stock | 130 | $454.10 | $59K |
| Sale | Class C Common Stock | 140 | $455.06 | $64K |
| Sale | Class C Common Stock | 120 | $456.06 | $55K |
| Sale | Class C Common Stock | 53 | $457.08 | $24K |
| Sale | Class C Common Stock | 49 | $457.97 | $22K |
| Sale | Class C Common Stock | 59 | $459.11 | $27K |
| Sale | Class C Common Stock | 30 | $460.02 | $14K |
| holding | Class B 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 B Common Stock — 253,083 shares (Indirect, Held through Silver Lake Technology Investors IV, L.P.);
Class C Common Stock — 1,332 shares (Indirect, Held through Silver Lake Technology Investors IV, L.P.);
Class C Common Stock — 1,374,245 shares (Direct)
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 July 9, 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 July 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 described in footnote (1) above. 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. 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. RESERVED RESERVED This amount reflects 29,494, 11,109, 28,109, 81,500 and 126 shares held by SLTA SPV-2, L.P., Silver Lake Technology Associates IV, 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 $447.5921 to $448.5400 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 $448.6027 to $449.5350 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 $449.6000 to $450.5975 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 $450.6000 to $451.5971 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 $451.6061 to $452.5981 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 $452.6000 to $453.5905 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 $453.6000 to $454.5900 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 $454.6000 to $455.5994 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 $455.6010 to $456.5944 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 $456.6000 to $457.5933 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 $457.6065 to $458.5425 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 $458.6278 to $459.6053 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 $459.6595 to $460.4699 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 89,222 shares of Class C Common Stock, Silver Lake Partners IV, L.P. directly holds 67,990 shares of Class C Common Stock, Silver Lake Partners V DE (AIV), L.P. directly holds 43,961 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. Following the transactions described in footnote (1), SL SPV-2, L.P. directly holds 16,756,126 shares of Class B Common Stock, Silver Lake Partners IV, L.P. directly holds 17,201,003 shares of Class B Common Stock, Silver Lake Partners V DE (AIV), L.P. directly holds 9,310,882 shares of Class B Common Stock, and Silver Lake Technology Investors V, L.P. directly holds 114,127 shares of Class B Common Stock, which securities and transactions are reported on separate Form 4 filings.
Key Figures
Class C shares sold: 1332 shares
Class C sale price range: $447.5921–$460.4699 per share
Class B shares converted: 1332 shares
+1 more
4 metrics
Class C shares sold
1332 shares
Open-market sales of Dell Class C Common Stock on July 9, 2026
Class C sale price range
$447.5921–$460.4699 per share
Weighted-average price ranges across multiple sale transactions
Class B shares converted
1332 shares
Converted into an equal number of Class C shares on July 9, 2026
Convertible Class B underlying shares
43382138.0000 shares
Class B Common Stock indirectly held, convertible 1:1 into Class C
Key Terms
Class C Common Stock, Class B Common Stock, weighted average price, derivative security, +1 more
5 terms
Class C Common Stock financial
"shares of Class C Common Stock, par value $0.01 per share ("Class C Common Stock")"
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, par value $0.01 per share of the Issuer"
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.
derivative security financial
"Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
director by deputization regulatory
"Each of the Reporting Persons may be deemed a director by deputization of the Issuer."
FAQ
What insider transactions did Silver Lake report for Dell (DELL) on July 9, 2026?
Silver Lake-affiliated reporting persons converted 1,332 Dell Class B shares into Class C and sold 1,332 Class C shares in open-market transactions on July 9, 2026, according to the Form 4 data and related footnotes.
What Dell (DELL) stake do the reporting persons continue to hold after these transactions?
The reporting persons continue to indirectly hold Class B Common Stock convertible into 43,382,138.0000 shares of Class C Common Stock. This large Class B position remains outstanding and is separate from the 1,332 Class C shares sold.
Who are the reporting persons in this Dell (DELL) insider report and what is their role?
Reporting persons include Silver Lake Technology Investors IV, L.P., related Silver Lake entities, and Egon Durban. Footnotes state each may be deemed a director by deputization, and Egon Durban is also a Dell director and Co-CEO and Managing Member of Silver Lake Group, L.L.C.