Silver Lake Entities Liquidate $26M in Dell Technologies Stock

Transaction Summary

On September 15, 2026, Silver Lake affiliate SL SPV-2, L.P. executed a series of open-market sales of Dell Technologies Inc. (DELL) Class C Common Stock. Prior to the sales, SL SPV-2, L.P. converted 69,718 shares of Class B Common Stock into Class C Common Stock on a 1:1 basis.

Across 21 separate sale transactions reported on this filing, the reporting entity disposed of an aggregate of 46,990 shares at weighted average prices ranging from $542.78 to $564.46 per share, generating total proceeds of approximately $25.98 million (average price of ~$552.96 per share).

Reporting Owners & Governance Context

• Entities Covered: SL SPV-2, L.P., SLTA SPV-2, L.P., SLTA SPV-2 (GP), L.L.C., Silver Lake Group, L.L.C. (SLG), and Egon Durban.
• Relationship: Egon Durban serves as a director of Dell Technologies and is CEO and a Managing Member of SLG. Each reporting person is classified as a Director by deputization and/or 10% beneficial owner.
• Remaining Indirect & Direct Stakes: Following these transactions, SL SPV-2, L.P. retains 69,601 shares of Class C Common Stock and 16,098,371 shares of Class B Common Stock. Other affiliated Silver Lake entities and trusts maintain substantial additional holdings in both Class B and Class C Common Stock.