SLTA V (GP), L.L.C. 4
4 · Dell Technologies Inc. · Filed Jul 14, 2026
Research Summary
AI-generated summary of this filing
Dell (DELL) 10% Owner SLTA V (GP) Disposes 201,173 Shares
What Happened
SLTA V (GP), L.L.C., a reporting 10% owner related to Silver Lake, reported three dispositions of Dell Technologies (DELL) Class C common stock on July 10, 2026: 89,222; 67,990; and 43,961 shares — totaling 201,173 shares. No per-share prices or total dollar values are reported (listed as N/A). The transactions are recorded as "other acquisition or disposition (J)" and relate to in-kind distributions initiated by certain Silver Lake entities.
Key Details
- Transaction date: July 10, 2026 (reported on Form 4 filed July 14, 2026). Filing marked late (L).
- Shares disposed: 89,222; 67,990; 43,961 — total 201,173 shares. Price: N/A; Value: N/A.
- Footnotes: Dispositions are connected to in-kind distributions of Class C shares by Silver Lake affiliates; receipt of distributed shares by certain persons was exempt from reporting under Rule 16a-13.
- Shares owned after transaction: the filing does not report a clear post-transaction beneficial ownership total for SLTA V (GP) on the Form 4 summary; related footnotes show certain Silver Lake entities and individuals holding various Class C share amounts.
- Joint filing/disclaimer: Reporting persons filed jointly and disclaim beneficial ownership except to the extent of any pecuniary interest.
Context
- This filing involves a 10% owner and related private-equity/investor entities (Silver Lake structure), not an individual executive trading on open-market signals. The "J" code here reflects an institutional/in-kind distribution rather than a standard buy or open-market sale.
- Rule 16a-13 exemptions noted in footnotes mean certain receipt events did not require separate immediate reporting; the Form 4 records the related dispositions. The late filing may reduce transparency and can carry regulatory consequences, but the filing itself does not explain motives behind the distributions.
Insider Transaction Report
Form 4
SLTA V (GP), L.L.C.
Director10% Owner
Transactions
- Other
Class C Common Stock
[F1][F2][F5]2026-07-10−89,222→ 0 total(indirect: Held through SL SPV-2, L.P.) - Other
Class C Common Stock
[F1][F3][F5]2026-07-10−67,990→ 0 total(indirect: Held through Silver Lake Partners IV, L.P.) - Other
Class C Common Stock
[F1][F4][F5]2026-07-10−43,961→ 0 total(indirect: Held through Silver Lake Partners V DE (AIV), L.P.)
Holdings
- 1,227(indirect: Held through Silver Lake Group, L.L.C.)
Class C Common Stock
[F5][F6] - 665(indirect: See footnote)
Class C Common Stock
[F7] - 189,430(indirect: See footnote)
Class C Common Stock
[F8] - 1,394,128
Class C Common Stock
[F9] - 49,630(indirect: See footnote)
Class C Common Stock
[F10]
Footnotes (10)
- [F1]SL SPV-2, L.P., Silver Lake Partners IV, L.P., Silver Lake Partners V DE (AIV), L.P. and certain of their respective affiliates initiated in-kind distributions of Class C Common Stock, par value $0.01 per share ("Class C Common Stock") of Dell Technologies Inc. (the "Issuer") on July 10, 2026. The receipt of shares of Class C Common Stock by each of the Reporting Persons in connection with such distributions was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
- [F10]Represents shares of Class C Common Stock beneficially owned indirectly by Mr. Durban through a trust for the benefit of certain family members including shares received in connection with the distributions of shares of Class C Common Stock on July 10, 2026. The receipt of such shares of Class C Common Stock indirectly by Mr. Durban was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
- [F2]These securities are directly held by SL SPV-2, L.P. The general partner of SL SPV-2, L.P. is SLTA SPV-2, L.P. ("SLTA SPV") and the general partner of SLTA SPV is SLTA SPV-2 (GP), L.L.C. ("SLTA SPV GP").
- [F3]These securities are directly held by Silver Lake Partners IV, L.P. The general partner of Silver Lake Partners IV, L.P. is Silver Lake Technology Associates IV, L.P. ("SLTA IV") and the general partner of SLTA IV is SLTA IV (GP), L.L.C. ("SLTA IV GP").
- [F4]These securities are directly held by Silver Lake Partners V DE (AIV), L.P. The general partner of Silver Lake Partners V DE (AIV), L.P. is Silver Lake Technology Associates V, L.P. ("SLTA V") and the general partner of SLTA V is SLTA V (GP), L.L.C. ("SLTA V GP").
- [F5]Silver Lake Group, L.L.C. ("SLG") is the managing member of SLTA SPV GP, SLTA IV GP and SLTA V GP. Egon Durban, who serves as a director of the Issuer, also serves as a Co-CEO and Managing Member of SLG. Each of the Reporting Persons may be deemed a director by deputization of the Issuer.
- [F6]Represents shares of Class C Common Stock held directly held by SLG. Shares held include shares of Class C Common Stock received in connection with the distributions described herein on July 10, 2026. The receipt of such shares of Class C Common Stock was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
- [F7]Represents shares of Class C Common Stock held by entities in which Mr. Egon Durban may be deemed to have an indirect pecuniary interest. Shares held include shares of Class C Common Stock received in connection with the distributions described herein on July 10, 2026. The receipt of such shares of Class C Common Stock was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
- [F8]In connection with the distributions described in footnote (1) above, distributions of certain shares were initiated to certain employees and managing members of SLG or its affiliates, including Mr. Durban. This amount reflects 33,862, 65,130, 30,889 and 59,549 shares held by SLTA SPV-2, L.P., SLTA IV, SLTA V, and SLG, respectively, on behalf of such individuals, including shares distributed in the July 10, 2026 distributions. The receipt of such shares of Class C Common Stock was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
- [F9]Represents shares of Class C Common Stock held directly by Mr. Egon Durban immediately following the receipt of shares in connection with the distributions of shares of Class C Common Stock on July 10, 2026. The receipt of such shares of Class C Common Stock was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.