What insider activity did Silver Lake-related entities report at Dell (DELL)?

Investment entities affiliated with Silver Lake reported converting Dell Class B Common Stock into Class C Common Stock, then selling portions of the resulting Class C holdings in multiple open-market transactions on March 2, 2026, while continuing to hold sizeable indirect positions afterward.

Dell Technologies (NYSE: DELL) backer Silver Lake reports Class C share sales

Filing Impact

(Very High)

Filing Sentiment

(Very Negative)

Form Type

Rhea-AI Filing Summary

Dell Technologies Inc. insiders linked to Silver Lake reported both conversions and sales of stock. Investment entities including SL SPV-2, L.P., Silver Lake Partners IV, L.P. and Silver Lake Partners V DE (AIV), L.P. converted Class B Common Stock into Class C Common Stock on March 2, 2026 and then executed open-market sales.

Across the selling transactions, these entities sold a combined 277,567 shares of Dell Class C Common Stock at weighted average prices ranging from $146.5375 to $150.5429 per share, while retaining significant indirect holdings after the trades.

Insider Trade Summary

Net Seller: 277,567 shares ($41,476,199)

Net Sell 33 txns

Insider SLTA V (GP), L.L.C., Silver Lake Technology Associates V, L.P., Silver Lake Partners V DE (AIV), L.P., Silver Lake Technology Investors V, L.P.

Role Director, 10% Owner | Director, 10% Owner | Director, 10% Owner | Director, 10% Owner

Sold 277,567 shs ($41.48M)

Type	Security	Shares	Price	Value
Exercise	Class B Common Stock	262,632	$0.00	--
Exercise	Class B Common Stock	269,604	$0.00	--
Exercise	Class B Common Stock	145,937	$0.00	--
Exercise	Class B Common Stock	3,967	$0.00	--
Exercise	Class B Common Stock	1,789	$0.00	--
Exercise	Class C Common Stock	262,632	$0.00	--
Exercise	Class C Common Stock	269,604	$0.00	--
Exercise	Class C Common Stock	145,937	$0.00	--
Exercise	Class C Common Stock	3,967	$0.00	--
Exercise	Class C Common Stock	1,789	$0.00	--
Sale	Class C Common Stock	8,689	$147.14	$1.28M
Sale	Class C Common Stock	10,083	$147.14	$1.48M
Sale	Class C Common Stock	5,166	$147.14	$760K
Sale	Class C Common Stock	192	$147.14	$28K
Sale	Class C Common Stock	87	$147.14	$13K
Sale	Class C Common Stock	12,378	$148.06	$1.83M
Sale	Class C Common Stock	14,364	$148.06	$2.13M
Sale	Class C Common Stock	7,360	$148.06	$1.09M
Sale	Class C Common Stock	274	$148.06	$41K
Sale	Class C Common Stock	123	$148.06	$18K
Sale	Class C Common Stock	17,323	$148.93	$2.58M
Sale	Class C Common Stock	20,101	$148.93	$2.99M
Sale	Class C Common Stock	10,300	$148.93	$1.53M
Sale	Class C Common Stock	383	$148.93	$57K
Sale	Class C Common Stock	173	$148.93	$26K
Sale	Class C Common Stock	61,201	$150.17	$9.19M
Sale	Class C Common Stock	71,017	$150.17	$10.66M
Sale	Class C Common Stock	36,390	$150.17	$5.46M
Sale	Class C Common Stock	1,353	$150.17	$203K
Sale	Class C Common Stock	610	$150.17	$92K
holding	Class C Common Stock	--	--	--
holding	Class C Common Stock	--	--	--
holding	Class C Common Stock	--	--	--

Holdings After Transaction: Class B Common Stock — 19,716,151 shares (Indirect, Held through SL SPV-2, L.P.); Class C Common Stock — 262,632 shares (Indirect, Held through SL SPV-2, L.P.); Class C Common Stock — 1,172,428 shares (Direct)

Footnotes (1)

SL SPV-2, L.P. ("SPV-2"), Silver Lake Partners IV, L.P. ("SLP IV"), Silver Lake Partners V DE (AIV), L.P. ("SLP V") 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 March 2, 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 March 2, 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. These securities are directly held by SPV-2. The general partner of SPV-2 is SLTA SPV-2, L.P. ("SLTA SPV") and the general partner of SLTA SPV is SLTA SPV-2 (GP), L.L.C. ("SLTA SPV GP"). These securities are directly held by SLP IV. The general partner of SLP IV is Silver Lake Technology Associates IV, L.P. ("SLTA IV") and the general partner of SLTA IV is SLTA IV (GP), L.L.C. ("SLTA IV GP"). These securities are directly held by SLP V. The general partner of SLP V is Silver Lake Technology Associates V, L.P. ("SLTA V") and the general partner of SLTA V is SLTA V (GP), L.L.C. ("SLTA V GP"). 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 SLTA IV and the general partner of SLTA IV is SLTA IV GP. 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 SLTA V and the general partner of SLTA V is SLTA V GP. Silver Lake Group, L.L.C. ("SLG") is the managing member of SLTA SPV GP, SLTA IV GP and SLTA V GP. 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. This amount reflects 13,741, 7,869 and 58,618 shares held by SLTA SPV, SLTA V and SLG, respectively, on behalf of certain employees and managing members of SLG or its affiliates, including Egon Durban. Represents shares of Class C Common Stock held 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 $146.5375 to $147.5149 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 $147.5406 to $148.5400 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 $148.5418 to $149.5400 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 $149.5438 to $150.5429 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.

Form 4 Insider Transactions: What Each Field Means →

03/04/2026 - 05:42 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SLTA V (GP), L.L.C.

(Last)

(First)

(Middle)

C/O SILVER LAKE

2775 SAND HILL ROAD, SUITE 100

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

2. Issuer Name and Ticker or Trading Symbol
Dell Technologies Inc. [ DELL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class C Common Stock	03/02/2026		M⁽¹⁾⁽²⁾		262,632	A	⁽¹⁾⁽²⁾	262,632	I	Held through SL SPV-2, L.P.⁽³⁾⁽⁸⁾
Class C Common Stock	03/02/2026		M⁽¹⁾⁽²⁾		269,604	A	⁽¹⁾⁽²⁾	269,604	I	Held through Silver Lake Partners IV, L.P.⁽⁴⁾⁽⁸⁾
Class C Common Stock	03/02/2026		M⁽¹⁾⁽²⁾		145,937	A	⁽¹⁾⁽²⁾	145,937	I	Held through Silver Lake Partners V DE (AIV), L.P.⁽⁵⁾⁽⁸⁾
Class C Common Stock	03/02/2026		M⁽¹⁾⁽²⁾		3,967	A	⁽¹⁾⁽²⁾	3,967	I	Held through Silver Lake Technology Investors IV, L.P.⁽⁶⁾⁽⁸⁾
Class C Common Stock	03/02/2026		M⁽¹⁾⁽²⁾		1,789	A	⁽¹⁾⁽²⁾	1,789	I	Held through Silver Lake Technology Investors V, L.P.⁽⁷⁾⁽⁸⁾
Class C Common Stock	03/02/2026		S		8,689	D	$147.14⁽¹²⁾	253,943	I	Held through SL SPV-2, L.P.⁽³⁾⁽⁸⁾
Class C Common Stock	03/02/2026		S		10,083	D	$147.14⁽¹²⁾	259,521	I	Held through Silver Lake Partners IV, L.P.⁽⁴⁾⁽⁸⁾
Class C Common Stock	03/02/2026		S		5,166	D	$147.14⁽¹²⁾	140,771	I	Held through Silver Lake Partners V DE (AIV), L.P.⁽⁵⁾⁽⁸⁾
Class C Common Stock	03/02/2026		S		192	D	$147.14⁽¹²⁾	3,775	I	Held through Silver Lake Technology Investors IV, L.P.⁽⁶⁾⁽⁸⁾
Class C Common Stock	03/02/2026		S		87	D	$147.14⁽¹²⁾	1,702	I	Held through Silver Lake Technology Investors V, L.P.⁽⁷⁾⁽⁸⁾
Class C Common Stock	03/02/2026		S		12,378	D	$148.06⁽¹³⁾	241,565	I	Held through SL SPV-2, L.P.⁽³⁾⁽⁸⁾
Class C Common Stock	03/02/2026		S		14,364	D	$148.06⁽¹³⁾	245,158	I	Held through Silver Lake Partners IV, L.P.⁽⁴⁾⁽⁸⁾
Class C Common Stock	03/02/2026		S		7,360	D	$148.06⁽¹³⁾	133,411	I	Held through Silver Lake Partners V DE (AIV), L.P.⁽⁵⁾⁽⁸⁾
Class C Common Stock	03/02/2026		S		274	D	$148.06⁽¹³⁾	3,501	I	Held through Silver Lake Technology Investors IV, L.P.⁽⁶⁾⁽⁸⁾
Class C Common Stock	03/02/2026		S		123	D	$148.06⁽¹³⁾	1,579	I	Held through Silver Lake Technology Investors V, L.P.⁽⁷⁾⁽⁸⁾
Class C Common Stock	03/02/2026		S		17,323	D	$148.93⁽¹⁴⁾	224,242	I	Held through SL SPV-2, L.P.⁽³⁾⁽⁸⁾
Class C Common Stock	03/02/2026		S		20,101	D	$148.93⁽¹⁴⁾	225,057	I	Held through Silver Lake Partners IV, L.P.⁽⁴⁾⁽⁸⁾
Class C Common Stock	03/02/2026		S		10,300	D	$148.93⁽¹⁴⁾	123,111	I	Held through Silver Lake Partners V DE (AIV), L.P.⁽⁵⁾⁽⁸⁾
Class C Common Stock	03/02/2026		S		383	D	$148.93⁽¹⁴⁾	3,118	I	Held through Silver Lake Technology Investors IV, L.P.⁽⁶⁾⁽⁸⁾
Class C Common Stock	03/02/2026		S		173	D	$148.93⁽¹⁴⁾	1,406	I	Held through Silver Lake Technology Investors V, L.P.⁽⁷⁾⁽⁸⁾
Class C Common Stock	03/02/2026		S		61,201	D	$150.17⁽¹⁵⁾	163,041	I	Held through SL SPV-2, L.P.⁽³⁾⁽⁸⁾
Class C Common Stock	03/02/2026		S		71,017	D	$150.17⁽¹⁵⁾	154,040	I	Held through Silver Lake Partners IV, L.P.⁽⁴⁾⁽⁸⁾
Class C Common Stock	03/02/2026		S		36,390	D	$150.17⁽¹⁵⁾	86,721	I	Held through Silver Lake Partners V DE (AIV), L.P.⁽⁵⁾⁽⁸⁾
Class C Common Stock	03/02/2026		S		1,353	D	$150.17⁽¹⁵⁾	1,765	I	Held through Silver Lake Technology Investors IV, L.P.⁽⁶⁾⁽⁸⁾
Class C Common Stock	03/02/2026		S		610	D	$150.17⁽¹⁵⁾	796	I	Held through Silver Lake Technology Investors V, L.P.⁽⁷⁾⁽⁸⁾
Class C Common Stock								80,228	I	See footnote⁽⁹⁾
Class C Common Stock								1,172,428	D⁽¹⁰⁾
Class C Common Stock								49,228	I	See footnote⁽¹¹⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Class B Common Stock	⁽²⁾	03/02/2026		M⁽¹⁾⁽²⁾			262,632	⁽²⁾	⁽²⁾	Class C Common Stock	262,632	$0	19,716,151	I	Held through SL SPV-2, L.P.⁽³⁾⁽⁸⁾
Class B Common Stock	⁽²⁾	03/02/2026		M⁽¹⁾⁽²⁾			269,604	⁽²⁾	⁽²⁾	Class C Common Stock	269,604	$0	20,239,618	I	Held through Silver Lake Partners IV, L.P.⁽⁴⁾⁽⁸⁾
Class B Common Stock	⁽²⁾	03/02/2026		M⁽¹⁾⁽²⁾			145,937	⁽²⁾	⁽²⁾	Class C Common Stock	145,937	$0	10,955,680	I	Held through Silver Lake Partners V DE (AIV), L.P.⁽⁵⁾⁽⁸⁾
Class B Common Stock	⁽²⁾	03/02/2026		M⁽¹⁾⁽²⁾			3,967	⁽²⁾	⁽²⁾	Class C Common Stock	3,967	$0	297,792	I	Held through Silver Lake Technology Investors IV, L.P.⁽⁶⁾⁽⁸⁾
Class B Common Stock	⁽²⁾	03/02/2026		M⁽¹⁾⁽²⁾			1,789	⁽²⁾	⁽²⁾	Class C Common Stock	1,789	$0	134,287	I	Held through Silver Lake Technology Investors V, L.P.⁽⁷⁾⁽⁸⁾

1. Name and Address of Reporting Person^*

SLTA V (GP), L.L.C.

(Last)

(First)

(Middle)

C/O SILVER LAKE

2775 SAND HILL ROAD, SUITE 100

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Silver Lake Technology Associates V, L.P.

(Last)

(First)

(Middle)

C/O SILVER LAKE

2775 SAND HILL ROAD, SUITE 100

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Silver Lake Partners V DE (AIV), L.P.

(Last)

(First)

(Middle)

C/O SILVER LAKE

2775 SAND HILL ROAD, SUITE 100

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

1. Name and Address of Reporting Person^*

Silver Lake Technology Investors V, L.P.

(Last)

(First)

(Middle)

C/O SILVER LAKE

2775 SAND HILL ROAD, SUITE 100

(Street)

MENLO PARK

94025

(City)

(State)

(Zip)

Relationship of Reporting Person(s) to Issuer

X	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

Explanation of Responses:

1. SL SPV-2, L.P. ("SPV-2"), Silver Lake Partners IV, L.P. ("SLP IV"), Silver Lake Partners V DE (AIV), L.P. ("SLP V") 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 March 2, 2026.

2. 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 March 2, 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.

3. These securities are directly held by SPV-2. The general partner of SPV-2 is SLTA SPV-2, L.P. ("SLTA SPV") and the general partner of SLTA SPV is SLTA SPV-2 (GP), L.L.C. ("SLTA SPV GP").

4. These securities are directly held by SLP IV. The general partner of SLP IV is Silver Lake Technology Associates IV, L.P. ("SLTA IV") and the general partner of SLTA IV is SLTA IV (GP), L.L.C. ("SLTA IV GP").

5. These securities are directly held by SLP V. The general partner of SLP V is Silver Lake Technology Associates V, L.P. ("SLTA V") and the general partner of SLTA V is SLTA V (GP), L.L.C. ("SLTA V GP").

6. 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 SLTA IV and the general partner of SLTA IV is SLTA IV GP.

7. 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 SLTA V and the general partner of SLTA V is SLTA V GP.

8. Silver Lake Group, L.L.C. ("SLG") is the managing member of SLTA SPV GP, SLTA IV GP and SLTA V GP. 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.

9. This amount reflects 13,741, 7,869 and 58,618 shares held by SLTA SPV, SLTA V and SLG, respectively, on behalf of certain employees and managing members of SLG or its affiliates, including Egon Durban.

10. Represents shares of Class C Common Stock held by Mr. Durban.

11. Represents shares of Class C Common Stock beneficially owned indirectly by Mr. Durban through a trust for the benefit of certain family members.

12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $146.5375 to $147.5149 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.

13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $147.5406 to $148.5400 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.

14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $148.5418 to $149.5400 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.

15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $149.5438 to $150.5429 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.

Remarks:

The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act. This filing shall not be deemed an admission that the Reporting Persons are beneficial owners of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, and each Reporting Person disclaims beneficial ownership of these securities, except to the extent of such Reporting Person's pecuniary interest therein, if any. Because no more than 10 reporting persons can file any one Form 4 through the Securities and Exchange Commission's EDGAR system, certain affiliates of the Reporting Persons have filed separate Forms 4. Because no more than 30 transactions can be listed on each Table of the Form 4 filing, the Reporting Persons have filed separate Forms 4 reporting additional transactions.

	By: /s/ Justin G. Hamill, Managing Director and Chief Legal Officer of Silver Lake Group, L.L.C., managing member of SLTA V (GP), L.L.C.	03/04/2026
	By: /s/ Justin G. Hamill, Managing Director and Chief Legal Officer of Silver Lake Group, L.L.C., managing member of SLTA V (GP), L.L.C., general partner of Silver Lake Technology Associates V, L.P.	03/04/2026
	By: /s/ Justin G. Hamill, Managing Director and Chief Legal Officer of Silver Lake Group, L.L.C., managing member of SLTA V (GP), L.L.C., general partner of Silver Lake Technology Associates V, L.P., general partner of Silver Lake Partners V DE (AIV), LP	03/04/2026
	By: /s/ Justin G. Hamill, Managing Director and Chief Legal Officer of Silver Lake Group, L.L.C., managing member of SLTA V (GP), L.L.C., gen. partner of Silver Lake Technology Associates V, L.P., gen. partner of Silver Lake Technology Investors V, L.P.	03/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

How many Dell (DELL) shares did Silver Lake entities sell in this Form 4?

The filing shows Silver Lake-related entities sold a combined 277,567 shares of Dell Class C Common Stock. These sales followed conversions of Class B into Class C shares and were executed through several affiliated limited partnerships listed in the disclosure.

At what prices were the Dell (DELL) insider sales by Silver Lake entities executed?

The reported Dell Class C Common Stock sales used weighted average prices. Transactions occurred in ranges from $146.5375 to $147.5149, $147.5406 to $148.5400, $148.5418 to $149.5400, and $149.5438 to $150.5429 per share, according to the detailed price-range footnotes.

Which entities associated with Silver Lake are involved in the Dell (DELL) trades?

Entities involved include 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 Silver Lake Technology Investors V, L.P., each holding Dell shares directly, with various Silver Lake affiliate general partners overseeing them.

What is the role of Class B and Class C shares in this Dell (DELL) filing?

Each Dell Class B Common Stock share is convertible into one Class C Common Stock share with no expiration. On March 2, 2026, certain reporting persons converted Class B into an equal number of Class C shares in connection with the subsequent sales and distributions reported.

Does Egon Durban have any connection to the Dell (DELL) insider holdings reported?

The filing notes that Egon Durban is a Co-CEO and Managing Member of Silver Lake Group, L.L.C., which manages key Silver Lake general partners. It also identifies Dell Class C shares held directly by Mr. Durban and indirectly through a family trust and related employee vehicles.

Dell Technologies (NYSE: DELL) backer Silver Lake reports Class C share sales

Rhea-AI Filing Summary

Positive

Negative

Insider Trade Summary

FAQ

What insider activity did Silver Lake-related entities report at Dell (DELL)?

How many Dell (DELL) shares did Silver Lake entities sell in this Form 4?

At what prices were the Dell (DELL) insider sales by Silver Lake entities executed?

Which entities associated with Silver Lake are involved in the Dell (DELL) trades?

What is the role of Class B and Class C shares in this Dell (DELL) filing?

Does Egon Durban have any connection to the Dell (DELL) insider holdings reported?