Silver Lake entity trims Dell (DELL) stake with 40,686-share open-market sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dell Technologies Inc. insider entities associated with Silver Lake reported open-market sales of Class C Common Stock. On June 10, 2026, SL SPV-2, L.P. sold a total of 40,686 shares of Class C Common Stock at weighted average prices within ranges from $390.3900 to $398.8300 per share, as detailed in the filing. The shares were held indirectly through SL SPV-2, L.P. and related Silver Lake affiliates. Following these transactions, a separate holding entry shows 1,317,963 shares of Class C Common Stock held directly, attributed in the footnotes to Mr. Egon Durban and related interests, indicating a substantial remaining position alongside the indirect Silver Lake holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 40,686 shares ($16,070,450)
Net Sell
15 txns
Insider
SL SPV-2, L.P., SLTA SPV-2, L.P., SLTA SPV-2 (GP), L.L.C., Silver Lake Group, L.L.C., Durban Egon
Role
null | null | null | null | null
Sold
40,686 shs ($16.07M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class C Common Stock | 2,488 | $391.03 | $973K |
| Sale | Class C Common Stock | 3,065 | $391.85 | $1.20M |
| Sale | Class C Common Stock | 4,316 | $393.15 | $1.70M |
| Sale | Class C Common Stock | 7,501 | $394.12 | $2.96M |
| Sale | Class C Common Stock | 7,323 | $395.00 | $2.89M |
| Sale | Class C Common Stock | 6,401 | $396.09 | $2.54M |
| Sale | Class C Common Stock | 3,479 | $397.11 | $1.38M |
| Sale | Class C Common Stock | 5,336 | $398.07 | $2.12M |
| Sale | Class C Common Stock | 777 | $398.73 | $310K |
| holding | Class C Common Stock | -- | -- | -- |
| holding | Class C Common Stock | -- | -- | -- |
| holding | Class C Common Stock | -- | -- | -- |
| holding | Class C Common Stock | -- | -- | -- |
| holding | Class C Common Stock | -- | -- | -- |
| holding | Class C Common Stock | -- | -- | -- |
Holdings After Transaction:
Class C Common Stock — 87,566 shares (Indirect, Held through SL SPV-2, L.P.);
Class C Common Stock — 1,317,963 shares (Direct, null)
Footnotes (1)
- Silver Lake Technology Investors V, L.P., SL SPV-2, L.P., Silver Lake Partners IV, L.P., Silver Lake Partners V DE (AIV), L.P., Silver Lake Technology Investors IV, L.P. and certain of their respective affiliates sold certain shares of Class C Common Stock, par value $0.01 per share ("Class C Common Stock") of Dell Technologies Inc. (the "Issuer") on June 10, 2026. Each share of Class B Common Stock, par value $0.01 per share of the Issuer (the "Class B Common Stock") is convertible into one share of Class C Common Stock at any time, at the election of the holder or automatically upon certain transfers, and has no expiration date. On June 10, 2026, certain of the Reporting Persons converted shares of Class B Common Stock into an equal number of shares of Class C Common Stock in connection with the sales described in footnote (1) above. These securities are directly held by SL SPV-2, L.P. The general partner of SL SPV-2, L.P. is SLTA SPV-2, L.P. and the general partner of SLTA SPV-2, L.P. is SLTA SPV-2 (GP), L.L.C. Silver Lake Group, L.L.C. ("SLG") is the managing member of SLTA SPV-2 (GP), L.L.C. Egon Durban, who serves as a director of the Issuer, also serves as a Co-CEO and Managing Member of SLG. Each of the Reporting Persons may be deemed a director by deputization of the Issuer. Reflects shares of Class C Common Stock held by SLG. These shares of Class C Common Stock are held by entities in which Mr. Durban may be deemed to have an indirect pecuniary interest. This amount reflects 24,563, 24,932, 114,663 and 56 shares held by SLTA SPV-2, L.P., Silver Lake Technology Associates V, L.P., SLG and Silver Lake Secondary Holdings L.P., respectively, on behalf of certain employees and managing members of SLG or its affiliates. Represents shares of Class C Common Stock held by Mr. Durban. Represents shares of Class C Common Stock beneficially owned indirectly by Mr. Durban through a trust for the benefit of certain family members. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $390.3900 to $391.3700 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $391.4600 to $392.4000 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $392.5600 to $393.5500 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $393.5800 to $394.5600 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $394.5800 to $395.5700 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $395.5800 to $396.5750 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $396.6150 to $397.6000 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $397.6100 to $398.6000 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $398.6100 to $398.8300 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Following the transactions described in footnote (1), Silver Lake Partners IV, L.P. directly holds 37,592 shares of Class C Common Stock, Silver Lake Partners V DE (AIV), L.P. directly holds 29,548 shares of Class C Common Stock, Silver Lake Technology Investors IV, L.P. directly holds 0 shares of Class C Common Stock, and Silver Lake Technology Investors V, L.P. directly holds 0 shares of Class C Common Stock which securities and transactions are reported on separate Form 4 filings.
Key Figures
Shares sold: 40,686 shares
Sale price range (low): $390.3900 per share
Sale price range (high): $398.8300 per share
+3 more
6 metrics
Shares sold
40,686 shares
Total Class C shares sold on June 10, 2026 by SL SPV-2, L.P.
Sale price range (low)
$390.3900 per share
Lowest weighted average price range disclosed for June 10, 2026 sales
Sale price range (high)
$398.8300 per share
Highest weighted average price range disclosed for June 10, 2026 sales
Example sale tranche
7,501 shares at $394.1200
One open-market sale of Class C Common Stock via SL SPV-2, L.P.
Direct holdings after activity
1,317,963 shares
Class C Common Stock held directly after June 10, 2026, attributed to Egon Durban interests
Indirect SL SPV-2 balance
87,566 shares
Class C Common Stock shown following the last reported SL SPV-2, L.P. sale
Key Terms
Class C Common Stock, Class B Common Stock, weighted average price, indirect pecuniary interest, +2 more
6 terms
Class C Common Stock financial
"sold certain shares of Class C Common Stock, par value $0.01 per share"
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.
Class B Common Stock financial
"Each share of Class B Common Stock ... is convertible into one share of Class C Common Stock"
A class B common stock is one of multiple types of a company’s ordinary shares that carries specific rights—often different voting power or dividend priority—compared with other classes. For investors it matters because those differences affect how much influence you have over company decisions, the income you might receive, and how freely the shares trade; think of it like owning a car with different keys: some keys let you start the engine and open the trunk, others only unlock the door.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect pecuniary interest financial
"entities in which Mr. Durban may be deemed to have an indirect pecuniary interest."
beneficially owned indirectly financial
"shares of Class C Common Stock beneficially owned indirectly by Mr. Durban"
ten percent owner financial
"is_ten_percent_owner": 1"
FAQ
What insider activity did Silver Lake entities report for Dell (DELL)?
Silver Lake-related entity SL SPV-2, L.P. reported selling 40,686 shares of Dell Class C Common Stock on June 10, 2026. The sales were open-market transactions at weighted average prices across several price ranges disclosed in the Form 4 footnotes.