Dell Technologies: 10% owner SL SPV-2 sold 44,408 shares

What happened

• SL SPV-2, L.P., a 10% owner, sold 44,408 shares of Dell Technologies Class C common stock in multiple open-market transactions on Oct 9, 2026 for total proceeds of $25,858,976.
• The Form 4 also reports exercise or conversion of 65,892 shares (acquired), an other disposition of 22,254 shares (no cash amount reported), and a derivative disposition of 65,892 shares reported at $0.

Key details

• Transaction date(s) and price(s): Oct 9, 2026; open-market sales totaled 44,408 shares at weighted average prices shown in the filing, with per-transaction weighted averages and footnote ranges from $572.62 to $589.83 per share; total cash proceeds reported $25,858,976.
• Additional transactions: exercised/converted 65,892 shares (acquired; price N/A in filing) and a derivative disposition of 65,892 shares reported at $0; other disposition (J) of 22,254 shares (no cash reported).
• Shares owned after the transaction: not stated for SL SPV-2 in this Form 4; related holdings for affiliates are reported on separate Form 4s (see footnotes).
• relevant footnotes: F1 (in-kind distributions and Rule 16a-13 exemption), F2 (conversion of Class B into Class C), F10–F26 (weighted-average price ranges for multiple sale lots), F27–F28 (post-transaction holdings reported for certain affiliates on separate filings).
• Filing date: Oct 14, 2026 (transaction date Oct 9, 2026).

Why it may matter

• The filing shows an entity that is a 10% owner sold shares in multiple open-market trades and also reports exercises/conversions of 65,892 shares and an in-kind or other disposition of 22,254 shares.
• The filing shows exercise/conversion activity and same-day market sales; it does not assign a reason such as a cashless exercise.
• A filing does not show why the insider traded or why the company acted.