Dell Technologies Inc. 4

Silver Lake Partners IV, L.P. and affiliated Silver Lake entities, for which Dell director Egon Durban is an indirect insider, reported a large coded “J” disposition and related in‑kind distributions and conversions involving 85,520 Dell Class C shares (roughly $43 million) and confirmed substantial remaining indirect holdings.

On September 8, 2026, Silver Lake Partners IV, L.P. and affiliated Silver Lake entities, together with director-by-deputization insider Egon Durban, reported a coded transaction (type “J”) in Dell Technologies Inc. Class C Common Stock tied to a broader set of sales and in‑kind distributions by various Silver Lake funds. The Form 4 indicates that Silver Lake funds sold certain amounts of Dell Class C shares and initiated in‑kind distributions of those shares to limited partners, employees, and managing members, with the receipt of shares by the reporting persons treated as exempt under Rule 16a‑13, and accompanied by conversions of Class B into Class C shares in connection with those sales and distributions. For Silver Lake Partners IV, L.P., the reported transaction shows a disposition of 85,520 Class C shares and a resulting indirect ownership of 21,317 Class C shares held through that partnership, while Silver Lake Group, L.L.C. and entities and trusts associated with Egon Durban are shown as holding additional blocks of Class C shares indirectly (2,562 shares held by Silver Lake Group, L.L.C., 1,390 shares in other entities, 214,632 shares in various Silver Lake entities on behalf of individuals, 51,173 shares in additional vehicles, and 36,604 shares via a family trust). Using Dell’s referenced stock price of approximately $504.65, the 85,520-share disposition through Silver Lake Partners IV, L.P. represents roughly $43.2 million in stock value, and Egon Durban’s reported indirect holdings across the various vehicles and trusts collectively represent well over $160 million in Dell equity after the transactions. Overall, this filing reflects a large, largely fund‑level rebalancing and distribution of Dell shares by Silver Lake, rather than a straightforward open-market purchase or sale by Durban personally, though it still meaningfully reduces Silver Lake Partners IV’s direct Dell exposure.

Filing Facts

CIK

1571996

Ticker

DELL

Form

4

Source Type

sec

Accession

0001193125-26-388252

Alert Tier

7