Silver Lake Affiliates Report Small Sale of 995 Dell Shares for $580K

Executive Summary

On October 14, 2026, Silver Lake Group, L.L.C. alongside associated investment vehicles (Silver Lake Technology Investors IV, L.P., Silver Lake Technology Associates IV, L.P., SLTA IV (GP), L.L.C., and Director Egon Durban) filed a Form 4 disclosing the conversion and subsequent sale of 995 shares of Dell Technologies Inc. (NYSE: DELL) Class C Common Stock on October 9, 2026.

Transaction Breakdown

• Conversion: Silver Lake Technology Investors IV, L.P. converted 995 shares of Class B Common Stock into Class C Common Stock at a 1:1 ratio at no additional cost.
• Sales Execution: The resulting 995 shares were liquidated across 17 open-market tranches at prices ranging between $572.62 and $589.83 per share, achieving a volume-weighted average price of approximately $582.89 per share.
• Aggregate Proceeds: The total gross transaction value amounted to $579,971.55.

Holdings & Market Impact

• Post-Transaction Position: Silver Lake Technology Investors IV, L.P. reduced its Class C holdings to 0 shares, while retaining 239,027 shares of Class B Common Stock. Across all affiliated Silver Lake entities, more than 40.97 million shares of Class B Common Stock remain held indirectly.
• Significance Assessment: This transaction is considered Low in market significance given its nominal dollar amount relative to Dell's enterprise scale and Silver Lake's tens of millions of retained shares.