Dell Technologies Inc. 4

Silver Lake–affiliated reporting persons reallocated Dell Technologies Inc. Class C Common Stock via exempt in-kind journal distributions among their funds, Silver Lake Group, L.L.C., and entities associated with director-by-deputization Egon Durban, with no open-market buy or sell transactions reported.

On July 10, 2026, Silver Lake–related entities, including SLTA V (GP), L.L.C., Silver Lake Technology Associates V, L.P., and Silver Lake Partners V DE (AIV), L.P., reported journal transactions (code “J”) reflecting in-kind distributions of Dell Technologies Inc. Class C Common Stock among affiliated funds, Silver Lake Group, L.L.C., and certain individuals (including director-by-deputization Egon Durban and related family trusts). These movements, totaling 201,173 shares explicitly referenced as distributed from three entities (89,222, 67,990, and 43,961 shares) plus additional reallocations reflected in indirect ownership lines, did not represent open-market purchases or sales and were characterized as exempt from reporting under Rule 16a-13 because they were internal distributions within the Silver Lake complex rather than value‑changing trades. Following these distributions, the Silver Lake/Durban reporting group continued to hold significant Dell economic exposure through a combination of direct, indirect, and trust holdings, with key post-transaction positions including 1,394,128 shares held directly and several additional indirect blocks (189,430 shares, 49,630 shares, 1,227 shares through Silver Lake Group, and 665 shares and other amounts via entities in which Mr. Durban has an indirect pecuniary interest). Using the contemporaneous Dell share price of approximately $457, the 1,394,128 directly held shares alone would be worth roughly $637 million, and the reporting group collectively maintains a very large residual stake even after these internal reallocations.

Filing Facts

CIK

1571996

Ticker

DELL

Form

4

Source Type

sec

Accession

0001193125-26-303270

Alert Tier

5