Silver Lake Group, L.L.C. 4

What Happened

• SLTA IV (GP), L.L.C., a Silver Lake affiliate reported as a >10% owner, sold 25,735 shares of Dell Technologies (DELL) in open-market/private transactions on March 18, 2026 for a total of about $3.97 million (weighted average prices shown as $154.17 and $154.78 per share across reported lots).
• On March 19, 2026 the filer reported additional dispositions of 56,298; 41,819; and 26,603 shares (total 124,720 shares) described as "other acquisition or disposition" (footnotes indicate these were in‑kind/pro rata distributions of Class C common stock initiated March 19). The receipt of those distributed shares by certain recipients was reported as exempt under Rule 16a‑13.

Key Details

• Transaction dates: March 18, 2026 (open-market/private sales) and March 19, 2026 (in‑kind/pro rata distributions).
• Prices: reported weighted averages $154.17 and $154.78; footnotes state sales occurred across price ranges ~$153.58–$155.00 per share.
• Shares sold on 3/18: 25,735 shares for ~$3.97M. Shares disposed on 3/19 (other disposition code J): 124,720 shares (amounts not reported/N.A.).
• Shares owned after transaction: not specified in this filing summary.
• Notable footnotes: March 17–19 activity included conversions of Class B to Class C shares and in‑kind distributions; recipients’ receipt of distributed shares was exempt from reporting under Rule 16a‑13. Silver Lake Group (SLG) and certain affiliates (and Egon Durban as a related individual) are referenced as having indirect pecuniary interests.
• Filing timeliness: Form filed March 19, 2026 reporting transactions on March 18–19; no late‑filing flag shown in this summary.

Context

• This filing reflects institutional-level transactions by a private equity affiliate (Silver Lake entities) rather than a standard insider buy/sell by a single executive. The March 19 entries are in‑kind distributions (not ordinary open‑market sales to the public) and are treated differently for reporting purposes (exempt receipts for recipients).
• For retail investors: sales reduce the reporting entity’s direct holdings but do not necessarily signal management sentiment; in‑kind distributions often reflect internal allocation among fund/affiliate participants rather than open-market liquidity events.