Dell (DELL) COO Jeffrey Clarke sells 116,000 shares in pre-set 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dell Technologies’ COO & Vice Chairman Jeffrey W. Clarke sold 116,000 shares of Class C Common Stock in an open-market transaction at $182.48 per share. The sale was executed on April 15, 2026 under a pre-arranged Rule 10b5-1 trading plan adopted on January 15, 2026. Following the sale, Clarke directly holds 1,687,414 shares and is also shown as co-managing trustee of two family trusts that each hold 100,000 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 116,000 shares ($21,167,680)
Net Sell
3 txns
Insider
CLARKE JEFFREY W
Role
COO & Vice Chairman
Sold
116,000 shs ($21.17M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class C Common Stock | 116,000 | $182.48 | $21.17M |
| holding | Class C Common Stock | -- | -- | -- |
| holding | Class C Common Stock | -- | -- | -- |
Holdings After Transaction:
Class C Common Stock — 1,687,414 shares (Direct);
Class C Common Stock — 100,000 shares (Indirect, By trust)
Footnotes (1)
- The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on January 15, 2026. Held by two family trusts of which the reporting person and his spouse serve as Co-Managing Trustees.
Key Figures
Shares sold: 116,000 shares
Sale price per share: $182.48 per share
Direct holdings after sale: 1,687,414 shares
+2 more
5 metrics
Shares sold
116,000 shares
Open-market sale of Class C Common Stock on April 15, 2026
Sale price per share
$182.48 per share
Average price for the 116,000-share open-market sale
Direct holdings after sale
1,687,414 shares
Direct Class C Common Stock held following the transaction
Indirect trust holdings
100,000 shares each
Two family trusts where Clarke and spouse are co-managing trustees
Net shares sold
116,000 shares
Net-sell direction per transaction summary
Key Terms
Rule 10b5-1 trading plan, Class C Common Stock, open-market sale, family trusts, +1 more
5 terms
Rule 10b5-1 trading plan financial
"The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Class C Common Stock financial
"security_title: 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.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
family trusts financial
"Held by two family trusts of which the reporting person and his spouse serve as Co-Managing Trustees"
indirect ownership financial
"direct_or_indirect: I, nature_of_ownership: By trust"
FAQ
What insider transaction did Dell (DELL) report for Jeffrey W. Clarke?
Dell reported that COO & Vice Chairman Jeffrey W. Clarke sold 116,000 shares of Class C Common Stock at $182.48 per share. The transaction was an open-market sale executed on April 15, 2026 under a Rule 10b5-1 trading plan.
Was the Dell (DELL) insider sale by Jeffrey W. Clarke pre-planned?
Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan adopted on January 15, 2026. Such plans pre-schedule trades, making the timing more routine and less reflective of short-term views on Dell’s share price.