SLTA V (GP), L.L.C. 4

What Happened

• SLTA V (GP), L.L.C., an entity associated with Silver Lake and reported as a 10% owner, sold a total of 459,999 shares of Dell Technologies Class C common stock on March 23, 2026. The disposals generated aggregate proceeds of $74,635,868.
• Sales were executed in multiple tranches at several weighted‑average prices: groups reported at $160.60, $161.37, $162.61, $163.14 and $164.18 per share (individual trade prices ranged roughly $160.00 to $164.69 per footnotes). These were open‑market or private sale transactions (transaction code S). This was a sale (not a purchase).

Key Details

• Transaction date: March 23, 2026; Form 4 filed March 24, 2026 (timely filing the next business day).
• Total shares sold: 459,999; total cash proceeds: $74,635,868.
• Price details: multiple tranches with weighted‑average prices of $160.60, $161.37, $162.61, $163.14 and $164.18; footnotes state underlying trade prices ranged by tranche (approx. $160.00–$164.6857).
• Shares owned after the transaction: not specified in the excerpt provided on this Form 4 (other related Forms may report holdings for affiliated entities).
• Notable footnotes: (1) Certain related Silver Lake entities sold shares on March 20 and March 23, 2026; (2) some shares were the result of conversions of Class B into Class C common stock in connection with these sales; (3) some shares are held in entities in which Egon Durban (a director of Dell and Co‑CEO/Managing Member of Silver Lake Group) may be deemed to have an indirect pecuniary interest. The reporting persons jointly filed and disclaim beneficial ownership except to the extent of any pecuniary interest.

Context

• These are institutional/affiliate sales by Silver Lake‑related entities (a 10% owner), not a direct executive open‑market buy signal; sales by large shareholders are often rebalancing or liquidity actions and do not necessarily indicate management sentiment.
• Multiple tranches and the footnoted price ranges indicate the shares were sold across many separate trades; the filing offers to provide per‑trade price breakdowns on request.