Dell Technologies Inc.·4

Mar 17, 4:29 PM ET

Trizzino Peter 4

Research Summary

AI-generated summary

Updated

Dell (DELL) President Peter Trizzino Receives RSU Award; 14.9K Shares Withheld

What Happened
Peter Trizzino, President, Global Sales at Dell Technologies, had RSUs vest/certified on March 15, 2026. He was issued 23,391 shares as awards (value reported as $0 for the award itself) and 14,964 shares were withheld by the company to cover tax liabilities; the withheld shares were recorded as a disposition at $151.62 each, totaling $2,268,842. The transactions reflect RSU vesting and company withholding for taxes rather than an open-market sale.

Key Details

  • Transaction dates: March 15, 2026 (reported on Form 4 filed March 17, 2026). Filing appears timely.
  • Disposition: 14,964 shares withheld at $151.62/share = $2,268,842 (transaction code F — tax withholding).
  • Acquisition: 23,391 shares acquired as award/grant (transaction code A) — recorded at $0 acquisition price.
  • Footnotes: F2 indicates 45,765 performance-based RSUs were certified as earned, net of 22,374 shares withheld for taxes, yielding the 23,391 delivered shares. F1 notes additional shares were withheld to cover tax liabilities from partial vesting of RSUs granted March 15, 2023–2025.
  • Shares owned after the transaction: not specified in the provided filing excerpt.
  • No indication this was a market purchase; the “sale” is a cashless tax withholding.

Context
These transactions are routine RSU vesting mechanics: performance-based RSUs were certified/vested and the company withheld a portion of the shares to satisfy tax obligations (common practice). Withholding-generated dispositions are not the same as a voluntary open-market sale and should be read as tax-settlement activity rather than a directional bet by the insider.