Dell Technologies Inc. 4

Silver Lake Partners V DE (AIV), L.P. and affiliated Silver Lake entities, for which Dell director Egon Durban is a control person, converted 39,647 Dell Class B shares into Class C and sold at least 27,845 Dell Class C shares on September 9, 2026 for roughly $15 million in open‑market transactions.

On September 9, 2026, Silver Lake Partners V DE (AIV), L.P. and affiliated Silver Lake entities, for which Egon Durban is a control person and Dell Technologies Inc. director, executed a conversion and secondary sale transaction in Dell Technologies Inc. Class C Common Stock. First, 39,647 shares of Class B Common Stock were converted into an equal number of Class C shares (an exempt “M” transaction), all held indirectly through Silver Lake Partners V DE (AIV), L.P. These newly converted shares, together with existing Class C holdings, were then sold in a series of open‑market transactions throughout the day, with at least 27,845 Class C shares (sum of the listed S‑coded trades) sold at prices ranging from approximately $534 to $551 per share, generating roughly $15.1 million in proceeds based on the reported per‑trade prices. Following these sales, Silver Lake entities (including Silver Lake Partners V DE (AIV), L.P., Silver Lake Group, L.L.C. and other affiliated vehicles and employee/partner programs) continued to hold substantial indirect and direct positions in Dell Class C and Class B shares, with 9,064,039 Class C shares reported as indirectly held through Silver Lake Partners V DE (AIV), L.P. plus additional Class C positions (e.g., 1,397,035 directly, 51,173 and 89,235 indirectly, and other program and Durban‑related holdings) and 33,414,361 Class B shares reported as beneficially owned indirectly, all as clarified in the footnotes regarding the various Silver Lake entities and Durban’s indirect pecuniary interests.

Filing Facts

CIK

1571996

Ticker

DELL

Form

4

Source Type

sec

Accession

0001193125-26-389503

Alert Tier

7