Dell (DELL) sales president reports RSU vesting and tax-withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dell Technologies president of global sales Peter Trizzino reported RSU vesting and related tax-withholding entries in Class C common stock. On an award that vested, 45,765 performance-based RSUs were certified as earned, with 22,374 shares withheld to cover taxes and 23,391 shares delivered to him. Separately, 14,964 shares from earlier RSU grants were also withheld by Dell to pay tax liabilities. Following these compensation-related transactions, he directly owns 106,809 shares of Dell Class C common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Trizzino Peter
Role
President, Global Sales
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class C Common Stock | 14,964 | $151.62 | $2.27M |
| Grant/Award | Class C Common Stock | 23,391 | $0.00 | -- |
Holdings After Transaction:
Class C Common Stock — 83,418 shares (Direct)
Footnotes (1)
- Represents shares withheld by the Issuer for payment of the tax liability incurred upon the partial vesting of RSUs granted on March 15, 2023, March 15, 2024 and March 15, 2025. Represents 45,765 shares certified as earned with respect to an award of performance-based RSUs granted on March 15, 2023, net of 22,374 shares withheld by the Issuer for payment of the tax liability incurred on vesting of such shares. Vesting of the performance-based RSUs occurred simultaneously with their certification.
FAQ
What did Dell (DELL) executive Peter Trizzino report in this Form 4?
Peter Trizzino reported RSU vesting and associated tax-withholding share movements. Performance-based RSUs earned 45,765 shares, with 22,374 shares withheld for taxes and 23,391 shares delivered. An additional 14,964 shares from earlier RSU grants were also withheld to satisfy tax liabilities.
Were any of Peter Trizzino’s Dell (DELL) transactions open-market sales or purchases?
No open-market sales or purchases were reported. One transaction reflects 23,391 shares acquired as a grant or award, and another reflects 14,964 shares withheld by Dell to cover tax liabilities, a non-market disposition linked to RSU vesting events.
What do the Dell (DELL) Form 4 footnotes explain about the RSU awards?
The footnotes explain that shares were withheld to pay taxes on partial vesting of RSUs granted in 2023, 2024 and 2025. They also state that 45,765 performance-based RSUs from a March 15, 2023 grant were certified as earned, with simultaneous vesting and tax withholding.