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

What Happened

• SLTA V (GP), L.L.C., a 10% owner affiliated with Silver Lake, reported three "other acquisition or disposition (J)" entries on March 25, 2026, totaling 337,576 Class C common shares disposed (152,324 + 112,991 + 72,261). No per‑share price or cash proceeds are reported (N/A), and these entries reflect related-party in‑kind distributions rather than open‑market sales.

Key Details

• Transaction date: March 25, 2026.
• Shares disposed (total): 337,576 Class C common shares (152,324; 112,991; 72,261).
• Price / proceeds: Not disclosed (N/A) — these were in‑kind distributions/transfers, not market sales.
• Relevant footnotes: F1 indicates pro rata in‑kind distributions by Silver Lake entities on March 25, 2026; receipt of distributed shares was exempt from reporting under Rule 16a‑13. F4/F6 link SLTA V to the Silver Lake group; F8 notes related pro rata allocations to certain employees/ managing members.
• Filing timeliness: Form 4 filed with a report date of March 25, 2026 (same day as the transactions reported) — no late filing flag indicated.
• Ownership after transaction: The Form 4 does not show a cash sale; holdings and pecuniary interests are detailed in the filing footnotes and accompanying filings for related entities. The reporting persons disclaim beneficial ownership except to the extent of any pecuniary interest.

Context

• These entries reflect internal reallocations and in‑kind distributions among Silver Lake‑affiliated entities and individuals (including disclosures tied to Egon Durban in the filing’s footnotes), not routine insider open‑market trading. For retail investors, such related‑party transfers are generally administrative and not a direct signal of management sentiment about Dell’s public market valuation.