Dell (NYSE: DELL) CMO gets RSU shares; some withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dell Technologies Chief Marketing Officer Jane Tunnell reported compensation-related share activity, not open-market trading. On a Form 4, she had 8,452 shares of Class C common stock withheld by Dell to cover tax liabilities tied to restricted stock unit (RSU) vesting. She also acquired 15,509 shares of Class C common stock at no cost as part of RSU and performance-based RSU awards vesting and certification. After these transactions, she directly holds 81,902 shares of Dell Class C common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Tunnell Jane
Role
Chief Marketing Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class C Common Stock | 8,452 | $151.62 | $1.28M |
| Grant/Award | Class C Common Stock | 15,509 | $0.00 | -- |
Holdings After Transaction:
Class C Common Stock — 66,393 shares (Direct)
Footnotes (1)
- 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. Represents 23,971 shares certified as earned with respect to an award of performance-based RSUs granted on March 15, 2023, net of 8,462 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
What did Dell (DELL) CMO Jane Tunnell report on this Form 4?
Jane Tunnell reported routine equity compensation activity. Dell withheld shares to cover tax liabilities on vesting restricted stock units, and she received additional shares from RSU and performance-based RSU awards as they vested and were certified.
Were Jane Tunnell’s Dell (DELL) transactions open-market buys or sells?
No open-market trades are shown. One transaction is a tax-withholding disposition where Dell withheld shares to pay tax liabilities, and the other is a grant or award acquisition of shares from vested restricted stock unit and performance-based RSU awards.
What do the Dell (DELL) Form 4 footnotes explain about these RSUs?
The footnotes explain that shares were withheld to cover taxes on partial vesting of RSUs from grants in March 2023, 2024, and 2025, and that performance-based RSUs from a March 2023 grant were certified as earned and vested at the same time.