Dell Technologies: 10% owner Silver Lake Partners IV sold 50,454 shares

What happened

• Silver Lake Partners IV, L.P., a 10% owner, sold 50,454 shares of Dell Technologies on Oct 9, 2026 in multiple open-market transactions for total cash proceeds of $29,386,958. The filing also shows an exercise or conversion of 67,641 shares on Oct 9, 2026 and a corresponding derivative disposition of 67,641 shares reported at $0.00. An additional other disposition (code J) of 19,761 shares is reported on the same date.

Key details

• Transaction date: Oct 9, 2026. Report filed: Oct 14, 2026.
• Open-market sale prices: reported per trade between $572.62 and $589.83 per share (various weighted-average prices reported; see footnotes F10–F26). Total reported cash proceeds for the market sales: $29,386,958.
• Exercise/conversion: 67,641 shares exercised or converted (code M); a derivative disposition of 67,641 shares is reported at $0.00.
• Other disposition: 19,761 shares (code J) reported as disposed; consideration not provided in the filing.
• Shares owned after the transaction: not specified for this reporting person in this Form 4; related entities’ post-transaction holdings are reported on separate Form 4 filings (see footnotes F28–F29).
• Relevant footnotes: F1 and F2 describe in-kind distributions and Class B-to-Class C conversions exempt from reporting under Rule 16a-13; F10–F26 note that reported prices are weighted averages from multiple trades and provide trade price ranges. The filing states certain related transactions are reported on separate Form 4s.

Why it may matter

• Derivative exercise: the filing shows an exercise or conversion of 67,641 shares and a corresponding disposition reported at $0.00, indicating the exercised/converted shares were disposed on the same date in this filing.
• 10% owner: the reporting person is a 10% owner rather than an individual executive; some related holdings and distributions involve multiple Silver Lake entities and affiliates.
• A filing does not show why the insider traded or why the company acted.