Silver Lake Partners IV Files Form 144 to Sell $81.9M of Dell Technologies ($DELL)

Executive Summary

On September 3, 2026, Silver Lake Partners IV, L.P., a major shareholder and affiliated insider entity of Dell Technologies Inc. ($DELL), filed a Form 144 disclosing a proposed sale of 166,474 shares of Class C Common Stock with an estimated aggregate market value of $81.94 million.

Transaction Details

• Security: Class C Common Stock
• Shares Proposed for Sale: 166,474
• Aggregate Market Value: $81,938,502.80
• Implied Share Price: ~$492.20
• Broker: Merrill Lynch, Pierce, Fenner & Smith Inc.
• Origin of Shares: Acquired on September 3, 2026, upon conversion of Class B Common Stock originally acquired in 2016.

Prior Sales Context (Past 3 Months)

Silver Lake entities have conducted regular dispositions of Class C Common Stock over June and July 2026 across multiple partner vehicles (Silver Lake Partners IV, Silver Lake Partners V, SL SPV-2, and related management entities).

Significance & Market Impact

• Significance: High. While this represents a fraction of Dell's 325,046,693 shares outstanding, an $81.9M single block disposition notice by a major private equity sponsor indicates continued scheduled liquidity realization.