Silver Lake Entities Distribute Shares of Dell Technologies Inc. In-Kind

Summary of Filing

On October 19, 2026, a joint Form 4 was filed on behalf of Silver Lake Partners V DE (AIV), L.P., affiliated Silver Lake entities, and Director Egon Durban regarding transactions in Dell Technologies Inc. (NYSE: DELL).

Transaction Details

• Security: Class C Common Stock
• Date of Transaction: October 15, 2026
• Transaction Code: J (Other transaction - In-kind distribution)
• Shares Distributed: 11,119 shares
• Price per Share: $0 / Not applicable
• Nature of Ownership: Indirect via Silver Lake Partners V DE (AIV), L.P.
• Remaining Balance in Fund: 0 shares

Additional Holding Context

Footnotes indicate that Silver Lake Partners V DE (AIV), L.P. and affiliated entities initiated pro-rata in-kind distributions of Class C Common Stock to their partners. Related entities, managing members, and Mr. Durban received certain shares in connection with these distributions, which were exempt from Section 16 reporting under Rule 16a-13. Following the transactions, Mr. Durban continues to hold 1,409,129 shares directly and additional shares through associated entities and family trusts.

Trading Significance

Low. The reported transaction represents a non-market, pro-rata distribution of shares by a private equity sponsor entity to its partners rather than an open-market liquidation or direct sale of stock.