Dell (DELL) CFO David Kennedy Sells 23,896 Shares
$DELL · Dell Technologies Inc.Research Summary
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Dell (DELL) CFO David Kennedy Sells 23,896 Shares
What Happened
Kennedy David Alan (Dell Technologies’ Chief Financial Officer) sold a total of 23,896 Dell shares in open-market transactions on September 17, 2026, for aggregate proceeds of about $13.98 million. The sales were in two blocks: 23,035 shares at an average price of $584.98 (≈ $13.48M) and 861 shares at an average price of $586.03 (≈ $0.50M). These were outright sales (code S) — not purchases or option exercises.
Key Details
- Transaction date: 2026-09-17; Form 4 filed on 2026-09-21 (filing appears timely under the two-business-day rule).
- Lots: 23,035 shares at a weighted average price reported as $584.9769 (individual trade prices ranged $584.725–$585.420); 861 shares at weighted average $586.0321 (range $586.020–$586.075).
- Total shares sold: 23,896; total proceeds ≈ $13,979,586.
- Shares owned after transaction: not disclosed on the information provided.
- Footnotes: seller provides weighted-average prices and transaction price ranges and offers to supply trade-by-trade details on request. No 10b5-1 plan, tax-withholding, or other special conditions were disclosed in the provided details.
Context: These were open-market sales by a company officer. Sales by insiders can be routine (liquidity, diversification, or other personal reasons) and do not necessarily indicate a change in view about the company’s prospects. Because this filing shows straightforward stock sales (not option exercises, awards, or gifts), there are no derivative or complex tax-withholding mechanics reported here.