Dell Technologies Inc. 4

Silver Lake Partners V DE (AIV), L.P. converted 49,738 Dell Class B shares into Class C and sold 38,337 Class C shares around $420–$430 per share on June 3, 2026 while retaining a large remaining stake.

Silver Lake Partners V DE (AIV), L.P., together with related Silver Lake entities and director Egon Durban (via deputization), reported on June 3, 2026 the conversion of 49,738 shares of Dell Class B Common Stock into an equal number of Class C shares and the subsequent sale of 38,337 Class C shares in a series of open‑market transactions at weighted average prices between approximately $420 and $430 per share. The transactions are part of a broader program in which various Silver Lake funds sold Dell Class C shares and initiated in‑kind distributions of Class C stock to their limited partners, employees, and affiliates; the receipt of distributed shares by the reporting persons is exempt from reporting under Rule 16a‑13 and therefore not itemized as acquisitions here. After these trades, Silver Lake Partners V DE (AIV), L.P. continued to hold 9,870,299 Class C shares indirectly reported, while other Silver Lake and Durban‑related entities held additional Class C stakes as footnoted, and large remaining positions in Class B shares are reported on separate Form 4s. Overall, the filing reflects a substantial but partial monetization and restructuring of Silver Lake’s Dell equity exposure rather than a full exit.

Filing Facts

CIK

1571996

Ticker

DELL

Form

4

Source Type

sec

Accession

0001193125-26-260112

Alert Tier

7