Dell Technologies Inc.·4

Mar 17, 4:21 PM ET

Scannell William F 4

Research Summary

AI-generated summary

Updated

Dell (DELL) CCO William Scannell Receives Award

What Happened

  • William F. Scannell, Chief Customer Officer at Dell Technologies, was credited with 125,172 restricted stock units (RSUs) on March 15, 2026 (acquisition at $0.00 per share as part of compensation). Simultaneously, 16,755 shares were disposed/withheld at $151.62 each to cover tax liabilities, generating proceeds of $2,540,393.
  • This transaction reflects compensation vesting and tax withholding, not an open‑market purchase or a voluntary sell driven by investment decisions.

Key Details

  • Transaction date: March 15, 2026. Disposal: 16,755 shares @ $151.62 = $2,540,393. Acquisition: 125,172 RSUs @ $0.00 (awarded/acquired).
  • Shares owned after the transactions: not specified in the information provided in this summary.
  • Footnotes:
    • F1 — 16,755 shares were withheld by the issuer to pay tax liabilities from partial vesting of RSUs granted on March 15, 2023, 2024 and 2025.
    • F2 — 233,412 performance-based RSUs were certified as earned (grant dated March 15, 2023); after withholding 108,240 shares for taxes, 125,172 shares were delivered. Vesting and certification occurred simultaneously.
  • Filing: Form 4 filed March 17, 2026 for transactions on March 15, 2026; this appears to be a routine, timely filing.

Context

  • This is a compensation‑related vesting and tax‑withholding event (common for RSUs). The withheld/disposed shares were used to satisfy tax obligations rather than indicate a discretionary sale by the insider.
  • For retail investors, purchases or voluntary sales by insiders can be more informative about sentiment; routine vesting and withholding are standard executive compensation mechanics.