Dell Technologies Inc. 4

Silver Lake Partners IV, L.P. and related reporting persons, including director Egon Durban, converted 95,960 Dell Class B shares to Class C and sold 62,687 Class C shares on July 8, 2026 for roughly $27 million, retaining a very large remaining stake.

On July 8, 2026, Silver Lake Partners IV, L.P. and affiliated reporting persons, including director-by-deputization Egon Durban, converted 95,960 shares of Dell Technologies Inc. Class B Common Stock into an equal number of Class C Common shares and then executed a series of open-market sales of Class C Common Stock at prices ranging from approximately $420 to $438 per share. The sales were broken into multiple tranches throughout the day (e.g., 5,277 shares at $420.21, 11,967 shares at $420.99, and subsequent smaller blocks at incrementally higher prices), totaling 62,687 Class C shares sold from this particular account, and leaving 46,192 Class C shares directly held by Silver Lake Partners IV, L.P. following the transactions. At Dell’s roughly $435 share price, the sold shares represent about $27.3 million in gross proceeds, while this reporting chain’s remaining indirect Class C holdings through Silver Lake Partners IV (approximately 17,291,507 shares) are worth about $7.5 billion, and its direct and indirect Class C interests noted in the filing (including 150,338, 1,374,245, 49,237, and 90,391 share lines) collectively represent multi‑billion‑dollar exposure. These trades are part of a broader secondary sell-down by several Silver Lake vehicles and their affiliates and reflect ongoing liquidity-taking by a large financial sponsor rather than routine employee compensation activity.

Filing Facts

CIK

1571996

Ticker

DELL

Form

4

Source Type

sec

Accession

0001193125-26-301077

Alert Tier

7