Silver Lake Files Form 144 Notice to Sell $42.86M in Dell Technologies Stock

Form 144 Analysis: Dell Technologies Inc. ($DELL)

Key Transaction Summary

• Reporting Entity: Silver Lake Partners V DE (AIV), L.P.
• Relationship: Significant Stockholder and affiliate of a member of the Board of Directors.
• Securities Proposed for Sale: 87,070 shares of Class C Common Stock.
• Aggregate Market Value: $42,855,854.00 (~$492.20 per share).
• Securities Acquired: Class C Common Stock acquired on 09/03/2026 via conversion of Class B Common Stock originally acquired in 2019.
• Broker: Merrill Lynch, Pierce, Fenner & Smith Inc.

Historical Sales in Past 3 Months

Silver Lake entities (including Silver Lake Partners IV, Silver Lake Partners V DE (AIV), SL SPV-2, and associated management/investor vehicles) have conducted routine and substantial secondary sales of Class C Common Stock across June and July 2026.

Market Impact & Takeaways

• Significance: High, due to the substantial dollar value ($42.86M) and the identity of the seller as a core private equity sponsor and controlling shareholder affiliate.
• Context: The transaction represents ongoing liquidity operations by Silver Lake post-conversion from Class B shares.