Scannell William F 4
Research Summary
AI-generated summary
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.