Dell Technologies Inc.: 10% owner Silver Lake Technology Investors V, L.P. sold 450 shares

What happened

• Silver Lake Technology Investors V, L.P., a 10% owner, sold 450 shares of Dell Technologies Inc. on Oct 9, 2026 in multiple open-market transactions for total proceeds of $262,039. Per-line sale prices reported in the filing range from $572.87 to $589.28 per share.
• The filing also reports exercise or conversion (transaction code M) of 449 shares on Oct 9, 2026 (one acquisition entry and one disposal entry for 449 shares, disposal reported at $0).

Key details

• transaction date: Oct 9, 2026. Sale prices listed per lot range from $572.87 to $589.28; totals from each lot sum to $262,039.
• shares owned after the transactions: not specified for Silver Lake Technology Investors V, L.P. in this filing; related holdings for certain affiliates are reported on separate Form 4s (see footnotes).
• material footnotes: the filing says certain shares were sold and in-kind distributions of Class C common stock were initiated on Oct 9, 2026; receipt of distributed shares was exempt from reporting under Rule 16a-13. Several reported sale prices are weighted averages across price ranges and the reporting persons will provide breakdowns on request. The filing is a joint submission and notes affiliates filed additional Forms 4 due to EDGAR limits.
• transaction types in the filing: multiple open-market sales (S) and exercise/conversion of derivatives (M).

Why it may matter

• the filing shows a 10% owner executed sales and reported exercise/conversion of shares on the same date; the exercised/converted 449 shares are also recorded as disposed on Oct 9, 2026.
• as a 10% owner, this reporting person is a large holder rather than an individual executive.
• a Form 4 does not show why the insider traded or why the company acted.