Silver Lake Converts & Disposes Dell Technologies Shares

Transaction Overview

On September 17, 2026, Silver Lake Technology Investors V, L.P., jointly filing with Silver Lake Group, L.L.C., affiliates, and Director Egon Durban, executed the conversion and subsequent sale of 468 shares of Dell Technologies Inc. (NYSE: DELL) Class C Common Stock.

• Conversion: 468 shares of Class B Common Stock were converted into 468 shares of Class C Common Stock at an exercise price of $0.00.
• Sales: The resulting 468 Class C shares were sold across 15 separate open-market tranches at weighted-average prices ranging between $577.60 and $591.24, realizing a total aggregate value of approximately $274,200.43 (weighted average price of ~$585.90 per share).

Beneficial Ownership Context

Following these dispositions:

• Silver Lake Technology Investors V, L.P. reduced its direct holdings of Class C Common Stock to 0 shares, while retaining 108,704 shares of convertible Class B Common Stock.
• Affiliated Silver Lake entities and Egon Durban continue to maintain substantial indirect and direct positions across Class B and Class C common stock, including tens of millions of convertible Class B shares.

Significance

Given the nominal size of 468 shares and aggregate consideration of ~$274K relative to Silver Lake's overall multi-billion dollar stake in Dell Technologies, this transaction carries Low trading significance and represents minor administrative or portfolio rebalancing across affiliated vehicles.