[Form 4] Dell Technologies Inc. Insider Trading Activity

Rhea-AI Filing Summary

Lynn V. Radakovich, a director of Dell Technologies Inc. (DELL), reported transactions dated 09/15/2025 executed under a Rule 10b5-1 trading plan adopted July 15, 2024. The filing shows the acquisition of 725 Class C common shares at $31.14 per share and a contemporaneous disposition of 725 Class C common shares at $126.39 per share, resulting in 23,680 Class C shares beneficially owned after the transactions.

The report also discloses 725 options to acquire Class C common stock with an exercise price of $31.14; the filer states the options are fully vested. Transactions were effected pursuant to the specified 10b5-1 plan and the Form 4 was signed by an attorney-in-fact on behalf of the reporting person.

Positive

• Transactions effected under a Rule 10b5-1 plan, indicating pre-arranged trading and reduced likelihood of opportunistic timing
• Options are fully vested, clarifying exercisability status for the reported derivative holdings
• Form 4 filed with attorney-in-fact signature, showing formal execution of required disclosure

Negative

• Reported sale of 725 Class C shares at $126.39, reducing direct holdings by 725 shares
• Complexity in simultaneous acquisition and disposition may require investors to review filings for clarity

Insights

Securities Analyst

TL;DR: Insider used a pre-set 10b5-1 plan to exercise vested options and sell the same number of shares, producing a net reported share count change to 23,680.

The Form 4 shows a simultaneous acquisition at $31.14 and sale at $126.39 for 725 Class C shares executed under a Rule 10b5-1 plan. The disclosure that the options are fully vested clarifies exercisability. From a market-disclosure perspective this is a routine, pre-planned insider liquidity event rather than an ad hoc transaction, and it contains no additional operational or financial disclosures about Dell Technologies itself.

Corporate Governance Expert

TL;DR: The filing documents compliance with Rule 10b5-1 and confirms vested option exercise; no governance issues are raised by the disclosure itself.

The Form 4 specifies the use of a trading plan adopted July 15, 2024, and an attorney-in-fact signature, indicating procedural adherence to insider-trading controls. The report does not state any amendment or irregularity. As filed, the disclosure is consistent with standard governance practices for planned insider transactions.

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).

X

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^*

Radakovich Lynn Vojvodich

(Last) (First) (Middle)

ONE DELL WAY

(Street)

ROUND ROCK TX 78682

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

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

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

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

X	Form filed by One Reporting Person
	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)
			Code	V	Amount	(A) or (D)	Price
Class C Common Stock	09/15/2025		M(1)		725	A	$31.14	24,405	D
Class C Common Stock	09/15/2025		S(1)		725	D	$126.39	23,680	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options to Acquire Class C Common Stock	$31.14	09/15/2025		M(1)			725	(2)	04/02/2029	Class C Common Stock	725	$0	64,001	D

Explanation of Responses:

1. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on July 15, 2024.

2. The options are fully vested.

Remarks:

	/s/ James Williamson, Attorney-in-Fact	09/17/2025
	** 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.

FAQ

What did the Dell (DELL) Form 4 filed by Lynn V. Radakovich report?

The Form 4 reported on 09/15/2025 an acquisition of 725 Class C shares at $31.14 and a sale of 725 Class C shares at $126.39, with 23,680 Class C shares owned after the transactions.

Were these transactions part of a 10b5-1 trading plan for DELL insider filings?

Yes. The filing states the transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on July 15, 2024.

Does the Form 4 indicate whether the options exercised were vested for DELL insider Radakovich?

Yes. The filer explicitly states that the options are fully vested.

How many options to acquire Class C common stock were reported and at what exercise price?

The report shows 725 options with an exercise (conversion) price of $31.14.

Who signed the Form 4 for the reporting person?

The Form 4 bears the signature of James Williamson, Attorney-in-Fact, dated 09/17/2025.