Dell Technologies Inc. 4

Silver Lake Partners V DE (AIV), L.P. and affiliates converted 79,827 Dell Class B shares into Class C and sold about 70,363 Class C shares on June 8, 2026 for roughly $28 million while retaining a large indirect stake.

On June 8, 2026, Silver Lake Partners V DE (AIV), L.P. and affiliated reporting persons, which are investment vehicles associated with Silver Lake and director Egon Durban, executed a series of transactions in Dell Technologies Inc. Class C Common Stock in connection with a broader sell‑down and in‑kind distribution program. They converted 79,827 shares of Class B Common Stock into an equal number of Class C shares (code “M”, acquisition) and then sold 70,363 Class C shares through 20+ open‑market transactions at step‑up weighted average prices ranging from approximately $386.57 to $405.71 per share, generating roughly $28.4 million in gross proceeds, while continuing to hold a very large indirect position. After these trades and related conversions and distributions, Silver Lake Partners V DE (AIV), L.P. is reported as indirectly holding 9,639,471 shares of Class C Common Stock, with additional Dell Class C holdings reported for affiliated Silver Lake entities and for Mr. Durban via various vehicles and trusts; the Form 4 emphasizes that many of the in‑kind distributions and receipt of shares are exempt from reporting under Rule 16a‑13 and that the reporting persons disclaim beneficial ownership beyond their pecuniary interest.

Filing Facts

CIK

1571996

Ticker

DELL

Form

4

Source Type

sec

Accession

0001193125-26-266138

Alert Tier

7