Silver Lake Files Form 144 Notice to Sell $40.06M in Dell Technologies ($DELL)

Summary of Proposed Transaction

On September 11, 2026, Silver Lake Partners IV, L.P. filed a Form 144 notice with the SEC indicating a planned sale of 79,071 shares of Dell Technologies Inc. (NYSE: DELL) Class C Common Stock. The aggregate market value of the proposed transaction is $40,058,950.02, reflecting an approximate market price of $506.62 per share.

Key Transaction Points

• Seller: Silver Lake Partners IV, L.P.
• Relationship to Issuer: Significant stockholder; an executive of an affiliate of the seller serves on Dell's Board of Directors.
• Security: Class C Common Stock
• Broker: Merrill Lynch, Pierce, Fenner & Smith Inc.
• Acquisition Origin: Converted from Class B Common Stock acquired in 2016.
• Total Outstanding Issuer Shares: 315,433,188

Historical Selling Activity

The filing discloses sustained divestment activity by Silver Lake entities and managing partner Egon Durban over the prior three months (June–September 2026), executing repeated multi-million-dollar sales across various tranches. This proposed transaction represents a continuation of programmatic liquidity and portfolio rebalancing by the private equity sponsor.