Dell (DELL) CMO has shares withheld to cover RSU tax liability
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dell Technologies Inc. Chief Marketing Officer Jane Tunnell reported a tax-related share disposition. On June 15, 2026, 5,879 shares of Class C Common Stock were withheld by Dell to cover tax liabilities arising from the vesting of part of a restricted stock unit award granted on June 15, 2023. This was not an open-market sale. After this withholding, Tunnell directly holds 47,494 shares of Dell Class C Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Tunnell Jane
Role
Chief Marketing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class C Common Stock | 5,879 | $395.57 | $2.33M |
Holdings After Transaction:
Class C Common Stock — 47,494 shares (Direct, null)
Footnotes (1)
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Key Figures
Shares withheld for taxes: 5,879 shares
Price per share: $395.57 per share
Shares held after transaction: 47,494 shares
+1 more
4 metrics
Shares withheld for taxes
5,879 shares
Tax withholding on RSU vesting, June 15, 2026
Price per share
$395.57 per share
Value used for tax-withholding disposition
Shares held after transaction
47,494 shares
Direct holdings after tax withholding
Transaction code
Code F
Payment of tax liability by delivering securities
Key Terms
restricted stock unit award, tax liability, withheld by the Issuer, Class C Common Stock
4 terms
restricted stock unit award financial
"upon the vesting of a portion of a restricted stock unit award granted on June 15, 2023"
A restricted stock unit award is a promise by a company to give an employee a specified number of company shares at a future date if certain conditions are met, such as staying with the company or hitting performance goals. For investors, these awards matter because they can increase the total number of shares outstanding when converted, diluting existing holders, and they align employees’ incentives with shareholders’ interests much like giving a rising bonus that becomes real only after conditions are satisfied.
tax liability financial
"withheld by the Issuer for payment of the tax liability incurred upon the vesting"
withheld by the Issuer financial
"Represents shares withheld by the Issuer for payment of the tax liability"
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.
FAQ
What insider transaction did Dell (DELL) report for Jane Tunnell?
Dell reported that Chief Marketing Officer Jane Tunnell had 5,879 Class C Common Stock shares withheld for taxes. The withholding covered tax liabilities triggered by the vesting of a restricted stock unit award originally granted on June 15, 2023.
Was the Dell (DELL) Form 4 transaction an open-market sale?
No, the Form 4 transaction was not an open-market sale. The 5,879 shares were withheld by Dell to pay tax liabilities on vesting restricted stock units, a routine administrative step rather than a discretionary share sale in the market.
What caused the tax withholding reported in Dell (DELL) CMO’s Form 4?
The tax withholding resulted from the vesting of a portion of a restricted stock unit award granted to Jane Tunnell on June 15, 2023. When RSUs vest, associated tax liabilities can be settled by having the issuer withhold some of the resulting shares.
What transaction code was used in the Dell (DELL) Form 4 for Jane Tunnell?
The transaction used code F, which denotes payment of tax liability by delivering securities. In this case, 5,879 shares of Dell Class C Common Stock were withheld by the issuer to cover taxes tied to a vesting restricted stock unit award.