Radakovich Lynn Vojvodich 4

What Happened

• Lynn Vojvodich Radakovich, a director of Dell Technologies Inc. (DELL), exercised 12,022 fully vested stock options at $31.14 per share (cost $374,365) and immediately sold those 12,022 shares in the open market at $421.00 per share for gross proceeds of $5,061,262 on June 22, 2026. The transactions were effected under a Rule 10b5-1 trading plan.

Key Details

• Transaction date: June 22, 2026.
• Exercise: 12,022 shares at $31.14 each; aggregate exercise cost $374,365. (Transaction code M)
• Sale: 12,022 shares at $421.00 each; aggregate proceeds $5,061,262. (Transaction code S) Multiple sale transactions occurred at the same price. (F2)
• Net proceeds (gross sale minus exercise cost): approximately $4,686,897.
• Options status: fully vested. (F3)
• Plan/authorization: Trades executed pursuant to a Rule 10b5-1 plan adopted March 24, 2026. (F1)
• Filing: Reported on Form 4 filed June 24, 2026 (two days after the trade date), which is within the typical two-business-day Form 4 reporting window. Shares owned after the transaction are not specified in the provided data.

Context

• This sequence (exercise of vested options followed by an immediate open-market sale) is effectively a cashless exercise and disposition — the insider converted options into shares and then sold those shares. Such transactions are common for exercising equity compensation and do not, by themselves, indicate a change in the insider’s long-term view of the company.