[Form 4] Dell Technologies Inc. Insider Trading Activity

Rhea-AI Filing Summary

William D. Green, a director of Dell Technologies Inc. (DELL), reported multiple transactions on 10/01/2025 and 10/02/2025 on Form 4. The filing shows acquisitions of options and exercises at two strike prices: $13.60 and $13.98, and two open-market dispositions reported as sales at $145 and $150.50. Following the reported activity, the largest reported beneficial holding in one class is 112,619 shares of Class C common stock. The filing states the trades were effected under a Rule 10b5-1 trading plan adopted on January 13, 2025, and that the reported options are fully vested.

Insights

Corporate Insider Transactions Analyst

Insider used a 10b5-1 plan to execute option exercises and market sales over two days.

The Form 4 documents option exercises executed on 10/01/2025 and 10/02/2025 at strike prices of $13.60 and $13.98, and reported open-market sales of 65,000 shares on each of the two dates at $145 and $150.50. The filing explicitly states the transactions were carried out under a Rule 10b5-1 plan, which typically establishes pre-set execution instructions.

This matters because the plan and the disclosure of fully vested options clarify the legal framework and the source of shares sold, removing ambiguity about contemporaneous insider decision-making. The filing does not disclose proceeds or intent beyond the plan, so no additional conclusions can be drawn.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

GREEN WILLIAM D

(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)
10/01/2025

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	10/01/2025		M(1)		26,258	A	$13.6	73,877	D
Class C Common Stock	10/01/2025		M(1)		38,742	A	$13.98	112,619	D
Class C Common Stock	10/01/2025		S(1)		65,000	D	$145	47,619	D
Class C Common Stock	10/02/2025		M(1)		15,287	A	$13.6	62,906	D
Class C Common Stock	10/02/2025		M(1)		49,713	A	$13.98	112,619	D
Class C Common Stock	10/02/2025		S(1)		65,000	D	$150.5	47,619	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	$13.6	10/01/2025		M(1)			26,258	(2)	09/14/2026	Class C Common Stock	26,258	$0	15,287	D
Options to Acquire Class C Common Stock	$13.98	10/01/2025		M(1)			38,742	(2)	09/14/2026	Class C Common Stock	38,742	$0	49,865	D
Options to Acquire Class C Common Stock	$13.6	10/02/2025		M(1)			15,287	(2)	09/14/2026	Class C Common Stock	15,287	$0	0	D
Options to Acquire Class C Common Stock	$13.98	10/02/2025		M(1)			49,713	(2)	09/14/2026	Class C Common Stock	49,713	$0	152	D

Explanation of Responses:

1. The transactions reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted on January 13, 2025.

2. The options are fully vested.

Remarks:

	/s/ James Williamson, Attorney-in-Fact	10/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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