Silver Lake and Director Egon Durban Sell Over $48M in Dell Technologies Shares

Executive Summary

On September 4, 2026, private equity sponsor Silver Lake alongside Board Director Egon Durban executed multiple open-market sales of Dell Technologies Inc. (NYSE: DELL) Class C Common Stock totaling 92,234 shares for aggregate gross proceeds of approximately $48.1 million.

Transaction Breakdown

• Derivative Exercise / Conversion: Converted 76,043 shares of Class B Common Stock into Class C Common Stock on a 1:1 basis.
• Indirect Sales (Silver Lake Partners IV, L.P.): Sold 54,734 Class C shares across 15 price brackets ranging between $515.53 and $529.16 per share.
• Direct Sales (Egon Durban): Sold 37,500 Class C shares across 8 price brackets ranging between $518.21 and $525.22 per share.

Ownership Post-Transaction

• Egon Durban (Direct): 1,356,628 shares of Class C Common Stock.
• Silver Lake Partners IV, L.P. (Indirect): 85,520 shares of Class C Common Stock and 16,894,277 shares of Class B Common Stock.
• Other Silver Lake Affiliates / Trusts: Retain tens of millions of convertible Class B shares and substantial Class C holdings reported across related filings.