Dell Technologies Inc. 4

Silver Lake Partners V DE (AIV), L.P. (together with related Silver Lake entities and director Egon Durban) converted 115,697 Dell Class B shares into Class C and sold 91,868 Class C shares on June 2, 2026 at roughly $434–$454 per share while retaining a large remaining stake.

On June 2, 2026, Silver Lake Partners V DE (AIV), L.P. and related Silver Lake entities, which are reporting persons together with managing member Silver Lake Group, L.L.C. and Dell director Egon Durban, converted 115,697 shares of Dell Technologies Inc. Class B Common Stock into an equal number of Class C Common shares, then executed a series of open‑market sales totaling 91,868 shares of Class C Common Stock at weighted average prices ranging from approximately $434 to $454 per share. The Class B to Class C conversion (coded “M”) was non‑cash, while the subsequent sales (coded “S”) were discretionary dispositions by the Silver Lake fund vehicle, reducing its indirect fund‑level holdings but leaving a very large residual beneficial position in Dell, including 9,920,037 Class C shares held through Silver Lake Partners V DE (AIV), L.P. and 36,569,973 Class C shares held indirectly through other Silver Lake entities, plus additional shares held for employees and for Mr. Durban personally and through related entities. The filing also describes concurrent in‑kind distributions of Class C shares by various Silver Lake funds to their investors and related parties, which were exempt from Section 16 reporting under Rule 16a‑13 and therefore are not itemized as reportable acquisitions in this Form 4, and clarifies that each reporting person disclaims beneficial ownership beyond its pecuniary interest.

Filing Facts

CIK

1571996

Ticker

DELL

Form

4

Source Type

sec

Accession

0001193125-26-257935

Alert Tier

7