Silver Lake Entities Report Sale of Dell Technologies Stock

Overview

On October 8, 2026, Silver Lake Group, L.L.C., alongside affiliated funds and Director Egon Durban, filed a Form 4 disclosing the conversion of 1,036 shares of Class B Common Stock into Class C Common Stock and their subsequent sale on October 6, 2026.

Transaction Details

• Security: Class C Common Stock
• Transaction Type: Open market sale (Transaction Code 'S') following conversion from Class B shares (Transaction Code 'M')
• Volume: 1,036 shares executed across 11 tranches
• Price Range: $571.15 to $581.50 per share (volume-weighted average price of ~$574.88)
• Gross Proceeds: ~$595,571.57

Ownership Impact

• Holding Entity: Silver Lake Technology Investors IV, L.P. reduced its direct holding of Class C Common Stock to 0 shares following the completion of the transactions.
• Remaining Holdings: Silver Lake entities and affiliated accounts continue to retain substantial beneficial ownership in the Issuer, including over 41 million shares of Class B Common Stock (each convertible 1:1 into Class C Common Stock) and additional Class C shares held across multiple vehicles and trusts.

Significance

Given the relatively minor transaction size (~$596K) compared to Silver Lake's aggregate multi-billion-dollar holding in Dell Technologies Inc., this filing carries Low trading significance and represents routine portfolio management.