Dell sales chief logs RSU vesting, tax withholding
Dell Technologies president of global sales Peter Trizzino reported RSU vesting and related tax-withholding entries in Class C common stock.
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class C Common Stock | 14,964 | $151.62 | $2.27M |
| Grant/Award | Class C Common Stock | 23,391 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
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What did Dell (DELL) executive Peter Trizzino report in this Form 4?
Were any of Peter Trizzino’s Dell (DELL) transactions open-market sales or purchases?
What do the Dell (DELL) Form 4 footnotes explain about the RSU awards?
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