Silver Lake Group, L.L.C. 4

What Happened

• SLTA IV (GP), L.L.C., a reporting 10%‑owner affiliate of Silver Lake, reported three "other acquisition or disposition" transactions (code J) on July 10, 2026 that together show dispositions of 201,173 shares of Dell Technologies Class C Common Stock (89,222 + 67,990 + 43,961). No trade prices are shown (N/A); these movements were part of in‑kind distributions among Silver Lake entities and to certain individuals and were reported as exempt under Rule 16a‑13.

Key Details

• Transaction date: July 10, 2026. Price: N/A (in‑kind/internal distributions).
• Total shares shown disposed by SLTA IV (GP): 201,173 Class C Common Stock (par $0.01).
• The filing notes related Silver Lake entities and transfers to employees/managing members (including references to SL SPV‑2, SLTA SPV, SLG and Egon Durban).
• Receipt/distribution of these shares was reported as exempt from reporting under Rule 16a‑13.
• Filing date: July 14, 2026 — appears to be timely (within the required two business‑day window).
• The Form 4 is a joint filing; each reporting person disclaims beneficial ownership except to the extent of any pecuniary interest.

Context

• These were internal, institutional reallocations and in‑kind distributions by Silver Lake affiliates — not open‑market purchases or sales by an executive. Such transfers generally do not signal the same market sentiment as open‑market insider buys or sells.
• Because the movements were exempt and related to fund/affiliate distributions, there is no cash value disclosed and no direct implication of trading for personal profit.