Silver Lake Entities Liquidate $28.0M of Dell Technologies ($DELL)

Executive Summary

On September 17, 2026, Silver Lake Partners IV, L.P., along with associated reporting entities including Silver Lake Group, L.L.C. and Director Egon Durban, filed a Form 4 reporting the disposition of 50,728 shares of Class C Common Stock of Dell Technologies Inc. ($DELL) for a cumulative transaction value of approximately $28.03 million on September 15, 2026.

Transaction Details

• Derivative Conversion (Code M): On September 15, 2026, 71,568 shares of Class B Common Stock were converted on a 1-for-1 basis into 71,568 shares of Class C Common Stock.
• Open Market Dispositions (Code S): Following the conversion, Silver Lake Partners IV, L.P. executed 21 separate open-market sales ranging between $542.78 and $563.66 per share, disposing of 50,728 shares at an average weighted price of approximately $552.61 per share.
• Post-Transaction Holdings: Silver Lake Partners IV, L.P. retained 62,240 shares of Class C Common Stock directly under this specific holding line, alongside 16,525,785 shares of convertible Class B Common Stock and millions of additional shares held across affiliated Silver Lake investment vehicles.