Silver Lake Files Form 144 to Sell $14.7M of Dell Technologies ($DELL)

Executive Summary

On September 16, 2026, Silver Lake Partners V DE (AIV), L.P. filed a Form 144 proposing the sale of 26,985 shares of Dell Technologies Inc. ($DELL) Class C Common Stock with an estimated aggregate market value of $14.67 million (~$543.51 per share).

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Key Filing Details

• Issuer: Dell Technologies Inc. (DELL)
• Filer: Silver Lake Partners V DE (AIV), L.P. (CIK: 0001737659)
• Insider Role: Significant Stockholder / Director Affiliate (Silver Lake executive serves on Dell's Board of Directors)
• Shares to be Sold: 26,985 shares
• Aggregate Market Value: $14,666,617.35
• Broker: Merrill Lynch, Pierce, Fenner & Smith Inc.
• Acquisition Method: Acquired upon conversion of Class B Common Stock of the Issuer originally acquired in 2019.

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Context & Past Activity

• Recent Selling Pattern: The filing discloses active, multi-million-dollar sales by Silver Lake affiliates (including Silver Lake Partners IV, Silver Lake Partners V, SL SPV-2, and managing director Egon Durban) across June, July, and September 2026.
• Ownership Structure: Silver Lake continues to monetize its long-standing private equity investment in Dell following earlier capital conversion events.