Dell Technologies SEC Filings

Dell Technologies Inc. (DELL) Form 144 notifies a proposed sale of 4,739 shares of Class C common stock through Merrill Lynch (San Francisco) with an aggregate market value of $592,564.56. The shares were acquired on 09/15/2025 upon conversion of Class B common stock originally acquired in 2016, and the planned sale date is 09/15/2025. The filing lists the issuer's total Class C shares outstanding as 336,904,619. The document also discloses numerous prior sales over the past three months by Silver Lake entities and related parties, including multiple large disposals on 06/24/2025, 06/26/2025, 07/10/2025, 07/15–17/2025, and a 60,000-share sale by Durban Family Foundation on 07/17/2025. The filer certifies no undisclosed material adverse information.

Dell Technologies Inc. (DELL) Form 144 notifies a proposed sale of 215,487 shares of Class C common stock through Merrill Lynch with an aggregate market value of $26,944,494.48, with an approximate sale date of 09/15/2025. The shares were acquired on 09/15/2025 upon conversion of Class B common stock that was originally acquired in 2019; the conversion is listed as the form of payment. The filing also discloses numerous prior sales by related Silver Lake entities during June–July 2025, including large blocks such as 257,022 shares for $32,435,175.81 on 06/26/2025 and multiple sales in July 2025. The filer certifies no undisclosed material adverse information is known at the time of signing.

Dell Technologies Form 144 shows a proposed sale of 128,377 shares of Class C common stock through Merrill Lynch on 09/15/2025, with an indicated aggregate market value of $16,052,260.08 and 336,904,619 shares outstanding. The shares were recorded as acquired on 09/15/2025 upon conversion of Class B common stock originally acquired in 2019, and payment is noted as conversion of Class B common stock. The filing also lists numerous Class C sales by Silver Lake-affiliated entities during June–July 2025, including several large blocks (e.g., 257,022; 248,389; 227,169) with material gross proceeds. The filer certifies no undisclosed material adverse information.

Dell Technologies Inc. Form 144 reports a proposed sale of 249,260 shares of Class C common stock to be sold through Merrill Lynch on the NYSE with an aggregate market value of $31,167,470.40. The shares were acquired on 09/15/2025 upon conversion of Class B common stock originally acquired in 2016, and payment is recorded as conversion of Class B common stock. The filing also lists numerous Class C sales by affiliated Silver Lake entities between 06/24/2025 and 07/17/2025, including large blocks (e.g., 257,022; 248,389; 227,169 shares) with multi‑million dollar proceeds. The filer certifies no undisclosed material adverse information.

Dell Technologies Inc. Form 144 notice discloses proposed and recent sales of Class C common shares by Lynn M. Vojvodich Radakovich. The filing lists a proposed sale of 725 Class C shares through Fidelity Brokerage Services with an aggregate market value of $91,632.75 and an approximate sale date of 09/15/2025 on the NYSE. The securities are shown as acquired by exercise of an option (option granted 04/02/2019) with an acquisition date recorded as 09/15/2025 and paid in cash. The filing also reports three past sales by the same person within the prior three months: 2,900 shares on 06/24/2025 for $348,000.00, 725 shares on 07/15/2025 for $92,437.50, and 725 shares on 08/15/2025 for $102,014.75. Outstanding Class C shares are listed as 336,904,619.

Dell Technologies insider notice reports a proposed sale of 7,287 Class C shares through Fidelity Brokerage Services LLC on 09/11/2025, with an aggregate market value of $927,781.57. The shares were acquired on 03/15/2025 through restricted stock vesting as compensation. The filer also disclosed a prior sale of 6,000 Class C shares on 06/26/2025 that generated $757,746.32 in gross proceeds. The form includes the mandatory representation that the signer is not aware of any undisclosed material adverse information about the issuer.

Dell Technologies Inc. disclosed that Chief Financial Officer Yvonne McGill will resign as CFO effective September 9, 2025. She will remain a full-time employee through October 31, 2025 in an advisory role to support an orderly transition. The company states that her decision is not due to any disagreement over financial statements, internal controls, operations, policies, or practices.

Under a separation agreement, Ms. McGill will receive a cash payment of approximately $562,500 as a pro rata bonus for fiscal 2026, along with existing protections under her restrictive covenant agreement. The Board has appointed David Kennedy, Senior Vice President, Global Business Operations, Finance, as interim Chief Financial Officer and principal financial officer, effective September 9, 2025. Mr. Kennedy has held senior finance and operations roles at Dell since 2017 and continues to participate in the company’s standard benefit and equity plans while Dell conducts a search for a permanent CFO.

Dell Technologies reported interim condensed results for the three and six months ended August 1, 2025, prepared under U.S. GAAP and presented with comparative prior periods. The company completed the sale of Secureworks for approximately $0.9 billion, recorded a $0.2 billion gain included in interest and other, net, and reclassified Secureworks balances as held for sale prior to closing. Total investments were $1.6 billion as of August 1, 2025. Financing receivables, net were $12.0 billion, up from $11.2 billion at January 31, 2025, with new financing originations of $2.4 billion for the quarter. ISG net revenue grew materially (servers and networking up 69% in the quarter; ISG net revenue up 44%), driven by AI-optimized servers, while product gross margin dollars declined 1% and product gross margin rate fell ~330 basis points in the quarter. The company repurchased ~30 million Class C shares for ~$2.9 billion in the six months ended August 1, 2025. Effective tax rates were 19.2% (quarter) and 15.6% (six months), with net unrecognized tax benefits of $1.0 billion. Management remediated a previously disclosed material weakness related to supplier non-recurring credits and concluded disclosure controls were effective as of August 1, 2025.