Silver Lake Group, L.L.C. 4

What Happened SLTA IV (GP), an entity listed as a 10% owner in Dell Technologies (DELL), sold a total of 459,999 Class C common shares on March 23, 2026 in a series of open‑market transactions. The reported proceeds across those sales were approximately $74,635,868. Individual sale prices reported (as block weighted averages) ranged roughly from $160.00 to $164.69 per share across multiple executions.

Key Details

• Transaction date: March 23, 2026 (filed March 24, 2026; filing appears timely).
• Total shares sold: 459,999; total reported proceeds: $74,635,868.
• Reported price ranges (by grouped sales / weighted averages): approx. $160.00–$160.9963, $161.00–$161.99, $162.00–$162.99, $163.00–$163.9931, and $164.0043–$164.6857.
• Type of transaction: Sales (S) — open‑market/private sales of Class C common stock.
• Shares owned after the transactions: not specified in the excerpt provided for SLTA IV (GP).
• Notable footnotes: (F1) sales occurred on Mar 20 and Mar 23, 2026 by related Silver Lake entities; (F2) certain Class B shares were converted to Class C in connection with these sales; (F14–F18) reported prices are weighted averages across multiple execution prices. (F10–F13, F8–F9) describe indirect/affiliated holdings and that some shares are held by related entities or for personnel; Egon Durban is noted elsewhere as a Silver Lake affiliate/director.

Context

• This filing reports institutional/affiliate selling by a 10% owner (Silver Lake‑related entities), which is different from an individual executive buying or selling for personal reasons. Institutional sales can reflect portfolio management or fund liquidity needs and are not, by themselves, a direct signal about company fundamentals.
• Some sales followed conversions of Class B to Class C stock (per footnote), a routine step when entities want to sell convertible shares.
• No purchase (P), option exercise (M), award (A), or gift (G) was reported here — all items are outright sales.