Form 4 • Statement of Changes in Beneficial Ownership
Type
Sell
Net shares
-277,567
% of shares
-10.22%
Amount (USD)
$41,476,198
Insider confidence score
15.0 out of 100
Negative
Security
Class C Common Stock
Action
Exercise
Date
2026-03-02
Code
M
Net shares
+262,632.0
Acquired/Disposed
Acquired
Shares Owned Before
0.0
Shares Owned After
262,632.0
Security
Class C Common Stock
Action
Exercise
Date
2026-03-02
Code
M
Net shares
+269,604.0
Acquired/Disposed
Acquired
Shares Owned Before
0.0
Shares Owned After
269,604.0
Security
Class C Common Stock
Action
Exercise
Date
2026-03-02
Code
M
Net shares
+145,937.0
Acquired/Disposed
Acquired
Shares Owned Before
0.0
Shares Owned After
145,937.0
Security
Class C Common Stock
Action
Exercise
Date
2026-03-02
Code
M
Net shares
+3,967.0
Acquired/Disposed
Acquired
Shares Owned Before
0.0
Shares Owned After
3,967.0
Security
Class C Common Stock
Action
Exercise
Date
2026-03-02
Code
M
Net shares
+1,789.0
Acquired/Disposed
Acquired
Shares Owned Before
0.0
Shares Owned After
1,789.0
Security
Class C Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-8,689.0
Price per Share
$147.14
Amount (USD)
$1,278,499.46
Acquired/Disposed
Disposed
Shares Owned Before
262,632.0
Shares Owned After
253,943.0
Security
Class C Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-10,083.0
Price per Share
$147.14
Amount (USD)
$1,483,612.62
Acquired/Disposed
Disposed
Shares Owned Before
269,604.0
Shares Owned After
259,521.0
Security
Class C Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-5,166.0
Price per Share
$147.14
Amount (USD)
$760,125.24
Acquired/Disposed
Disposed
Shares Owned Before
145,937.0
Shares Owned After
140,771.0
Security
Class C Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-192.0
Price per Share
$147.14
Amount (USD)
$28,250.88
Acquired/Disposed
Disposed
Shares Owned Before
3,967.0
Shares Owned After
3,775.0
Security
Class C Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-87.0
Price per Share
$147.14
Amount (USD)
$12,801.18
Acquired/Disposed
Disposed
Shares Owned Before
1,789.0
Shares Owned After
1,702.0
Security
Class C Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-12,378.0
Price per Share
$148.06
Amount (USD)
$1,832,686.68
Acquired/Disposed
Disposed
Shares Owned Before
253,943.0
Shares Owned After
241,565.0
Security
Class C Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-14,364.0
Price per Share
$148.06
Amount (USD)
$2,126,733.84
Acquired/Disposed
Disposed
Shares Owned Before
259,522.0
Shares Owned After
245,158.0
Security
Class C Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-7,360.0
Price per Share
$148.06
Amount (USD)
$1,089,721.60
Acquired/Disposed
Disposed
Shares Owned Before
140,771.0
Shares Owned After
133,411.0
Security
Class C Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-274.0
Price per Share
$148.06
Amount (USD)
$40,568.44
Acquired/Disposed
Disposed
Shares Owned Before
3,775.0
Shares Owned After
3,501.0
Security
Class C Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-123.0
Price per Share
$148.06
Amount (USD)
$18,211.38
Acquired/Disposed
Disposed
Shares Owned Before
1,702.0
Shares Owned After
1,579.0
Security
Class C Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-17,323.0
Price per Share
$148.93
Amount (USD)
$2,579,914.39
Acquired/Disposed
Disposed
Shares Owned Before
241,565.0
Shares Owned After
224,242.0
Security
Class C Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-20,101.0
Price per Share
$148.93
Amount (USD)
$2,993,641.93
Acquired/Disposed
Disposed
Shares Owned Before
245,158.0
Shares Owned After
225,057.0
Security
Class C Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-10,300.0
Price per Share
$148.93
Amount (USD)
$1,533,979.00
Acquired/Disposed
Disposed
Shares Owned Before
133,411.0
Shares Owned After
123,111.0
Security
Class C Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-383.0
Price per Share
$148.93
Amount (USD)
$57,040.19
Acquired/Disposed
Disposed
Shares Owned Before
3,501.0
Shares Owned After
3,118.0
Security
Class C Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-173.0
Price per Share
$148.93
Amount (USD)
$25,764.89
Acquired/Disposed
Disposed
Shares Owned Before
1,579.0
Shares Owned After
1,406.0
Security
Class C Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-61,201.0
Price per Share
$150.17
Amount (USD)
$9,190,554.17
Acquired/Disposed
Disposed
Shares Owned Before
224,242.0
Shares Owned After
163,041.0
Security
Class C Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-71,017.0
Price per Share
$150.17
Amount (USD)
$10,664,622.89
Acquired/Disposed
Disposed
Shares Owned Before
225,057.0
Shares Owned After
154,040.0
Security
Class C Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-36,390.0
Price per Share
$150.17
Amount (USD)
$5,464,686.30
Acquired/Disposed
Disposed
Shares Owned Before
123,111.0
Shares Owned After
86,721.0
Security
Class C Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-1,353.0
Price per Share
$150.17
Amount (USD)
$203,180.01
Acquired/Disposed
Disposed
Shares Owned Before
3,118.0
Shares Owned After
1,765.0
Security
Class C Common Stock
Action
Sell
Date
2026-03-02
Code
S
Net shares
-610.0
Price per Share
$150.17
Amount (USD)
$91,603.70
Acquired/Disposed
Disposed
Shares Owned Before
1,406.0
Shares Owned After
796.0
Security
Class B Common Stock
Action
Exercise
Date
2026-03-02
Code
M
Net shares
-262,632.0
Acquired/Disposed
Disposed
Shares Owned Before
19,978,783.0
Shares Owned After
19,716,151.0
Security
Class B Common Stock
Action
Exercise
Date
2026-03-02
Code
M
Net shares
-269,604.0
Acquired/Disposed
Disposed
Shares Owned Before
20,509,222.0
Shares Owned After
20,239,618.0
Security
Class B Common Stock
Action
Exercise
Date
2026-03-02
Code
M
Net shares
-145,937.0
Acquired/Disposed
Disposed
Shares Owned Before
11,101,617.0
Shares Owned After
10,955,680.0
Security
Class B Common Stock
Action
Exercise
Date
2026-03-02
Code
M
Net shares
-3,967.0
Acquired/Disposed
Disposed
Shares Owned Before
301,759.0
Shares Owned After
297,792.0
Security
Class B Common Stock
Action
Exercise
Date
2026-03-02
Code
M
Net shares
-1,789.0
Acquired/Disposed
Disposed
Shares Owned Before
136,076.0
Shares Owned After
134,287.0
1. SL SPV-2, L.P. ("SPV-2"), Silver Lake Partners IV, L.P. ("SLP IV"), Silver Lake Partners V DE (AIV), L.P. ("SLP V") and certain of their respective affiliates sold certain shares of Class C Common Stock, par value $0.01 per share ("Class C Common Stock") of Dell Technologies Inc. (the "Issuer") on March 2, 2026.
2. Each share of Class B Common Stock, par value $0.01 per share of the Issuer (the "Class B Common Stock") is convertible into one share of Class C Common Stock at any time, at the election of the holder or automatically upon certain transfers, and has no expiration date. On March 2, 2026, certain of the Reporting Persons converted shares of Class B Common Stock into an equal number of shares of Class C Common Stock in connection with the sales and distributions described in footnote (1) above.
3. These securities are directly held by SPV-2. The general partner of SPV-2 is SLTA SPV-2, L.P. ("SLTA SPV") and the general partner of SLTA SPV is SLTA SPV-2 (GP), L.L.C. ("SLTA SPV GP").
4. These securities are directly held by SLP IV. The general partner of SLP IV is Silver Lake Technology Associates IV, L.P. ("SLTA IV") and the general partner of SLTA IV is SLTA IV (GP), L.L.C. ("SLTA IV GP").
5. These securities are directly held by SLP V. The general partner of SLP V is Silver Lake Technology Associates V, L.P. ("SLTA V") and the general partner of SLTA V is SLTA V (GP), L.L.C. ("SLTA V GP").
6. These securities are directly held by Silver Lake Technology Investors IV, L.P. The general partner of Silver Lake Technology Investors IV, L.P. is SLTA IV and the general partner of SLTA IV is SLTA IV GP.
7. These securities are directly held by Silver Lake Technology Investors V, L.P. The general partner of Silver Lake Technology Investors V, L.P. is SLTA V and the general partner of SLTA V is SLTA V GP.
8. Silver Lake Group, L.L.C. ("SLG") is the managing member of SLTA SPV GP, SLTA IV GP and SLTA V GP. Egon Durban, who serves as a director of the Issuer, also serves as a Co-CEO and Managing Member of SLG. Each of the Reporting Persons may be deemed a director by deputization of the Issuer.
9. This amount reflects 13,741, 7,869 and 58,618 shares held by SLTA SPV, SLTA V and SLG, respectively, on behalf of certain employees and managing members of SLG or its affiliates, including Egon Durban.
10. Represents shares of Class C Common Stock held by Mr. Durban.
11. Represents shares of Class C Common Stock beneficially owned indirectly by Mr. Durban through a trust for the benefit of certain family members.
12. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $146.5375 to $147.5149 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
13. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $147.5406 to $148.5400 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
14. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $148.5418 to $149.5400 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
15. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $149.5438 to $150.5429 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
This page is for informational purposes only. While we strive for accuracy, the summary may contain inaccuracies or omissions. Please refer to the official SEC filing for authoritative information. Open the SEC filing.