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Silver Lake Group, L.L.C.'s Form 4 filing

Dell Technologies Inc. (DELL) · filed Jun 15, 2026

Accession no.
0001193125-26-271360
Filed
Jun 15, 2026, 5:49 PM ET
Trade date
Jun 11, 2026
Filing delay
4 days
Rule 10b5-1 plan
Not checked

This filing lists 22 non-derivative transactions and 1 derivative transaction. Open-market sales total $23.7M. It was filed 4 days after the trade.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Silver Lake Group, L.L.C.CIK 0001418226Director, 10% Owner
Silver Lake Partners IV, L.P.CIK 0001552054Director, 10% Owner
Durban EgonCIK 0001651403Director
Silver Lake Technology Associates IV, L.P.CIK 0001672566Director, 10% Owner
Slta IV (GP), L.L.C.CIK 0001672568Director, 10% Owner

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Jun 11, 2026Class C Common StockMOption exerciseAcquired+82,191–F1,F2–119,783Indirect
Jun 11, 2026Class C Common StockSSaleDisposed−1,439$370.40F10−$533,005.6118,344Indirect
Jun 11, 2026Class C Common StockSSaleDisposed−887$371.55F11−$329,564.85117,457Indirect
Jun 11, 2026Class C Common StockSSaleDisposed−1,706$372.60F12−$635,655.6115,751Indirect
Jun 11, 2026Class C Common StockSSaleDisposed−3,168$373.59F13−$1,183,533.12112,583Indirect
Jun 11, 2026Class C Common StockSSaleDisposed−4,442$374.68F14−$1,664,328.56108,141Indirect
Jun 11, 2026Class C Common StockSSaleDisposed−2,548$375.60F15−$957,028.8105,593Indirect
Jun 11, 2026Class C Common StockSSaleDisposed−4,480$376.66F16−$1,687,436.8101,113Indirect
Jun 11, 2026Class C Common StockSSaleDisposed−5,508$377.76F17−$2,080,702.0895,605Indirect
Jun 11, 2026Class C Common StockSSaleDisposed−8,086$378.66F18−$3,061,844.7687,519Indirect
Jun 11, 2026Class C Common StockSSaleDisposed−5,255$379.69F19−$1,995,270.9582,264Indirect
Jun 11, 2026Class C Common StockSSaleDisposed−3,750$380.60F20−$1,427,25078,514Indirect
Jun 11, 2026Class C Common StockSSaleDisposed−1,216$381.53F21−$463,940.4877,298Indirect
Jun 11, 2026Class C Common StockSSaleDisposed−1,105$382.83F22−$423,027.1576,192Indirect
Jun 11, 2026Class C Common StockSSaleDisposed−2,046$383.91F23−$785,479.8674,146Indirect
Jun 11, 2026Class C Common StockSSaleDisposed−4,065$384.78F24−$1,564,130.770,081Indirect
Jun 11, 2026Class C Common StockSSaleDisposed−1,189$385.87F25−$458,799.4368,893Indirect
Jun 11, 2026Class C Common StockSSaleDisposed−2,858$386.77F26−$1,105,388.6666,035Indirect
Jun 11, 2026Class C Common StockSSaleDisposed−1,266$387.78F27−$490,929.4864,769Indirect
Jun 11, 2026Class C Common StockSSaleDisposed−2,199$388.94F28−$855,279.0662,570Indirect
Jun 11, 2026Class C Common StockSSaleDisposed−3,142$390.03F29−$1,225,474.2659,428Indirect
Jun 11, 2026Class C Common StockSSaleDisposed−2,048$390.92F30−$800,604.1657,380Indirect

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Jun 11, 2026Class C Common StockMOption exerciseDisposed−82,191$0.00$017,535,391Indirect

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

Silver Lake Technology Investors V, L.P., SL SPV-2, L.P., Silver Lake Partners IV, L.P., Silver Lake Partners V DE (AIV), L.P., Silver Lake Technology Investors IV, L.P. and certain of their respective affiliates sold certain shares of Class C Common Stock, par value $0.01 per share ("Class C Common Stock") of Dell Technologies Inc. (the "Issuer") on June 11, 2026.

Referenced by the price of 1 transaction in Table I.

F2

Each share of Class B Common Stock, par value $0.01 per share of the Issuer (the "Class B Common Stock") is convertible into one share of Class C Common Stock at any time, at the election of the holder or automatically upon certain transfers, and has no expiration date. On June 11, 2026, certain of the Reporting Persons converted shares of Class B Common Stock into an equal number of shares of Class C Common Stock in connection with the sales described in footnote (1) above.

Referenced by the price of 1 transaction in Table I.

F10

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $370.0200 to $370.9800 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F11

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $371.0400 to $372.0100 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F12

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $372.1500 to $373.1400 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F13

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $373.1600 to $374.1000 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F14

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $374.1694 to $375.1327 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F15

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $375.1660 to $376.1511 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F16

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $376.1600 to $377.1400 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F17

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $377.1800 to $378.1700 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F18

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $378.1800 to $379.1700 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F19

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $379.1800 to $380.1700 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F20

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $380.1800 to $381.1700 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F21

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $381.2300 to $382.1900 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F22

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $382.3202 to $383.2600 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F23

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $383.3237 to $384.2997 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F24

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $384.3500 to $385.2900 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F25

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $385.3575 to $386.3472 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F26

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $386.4424 to $387.2898 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F27

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $387.4900 to $388.4719 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F28

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $388.5200 to $389.5000 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F29

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $389.5700 to $390.5687 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

F30

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $390.6224 to $391.0650 per share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Referenced by the price of 1 transaction in Table I.

Remarks

The Reporting Persons are jointly filing this Form 4 pursuant to Rule 16a-3(j) under the Exchange Act. This filing shall not be deemed an admission that the Reporting Persons are beneficial owners of all securities covered by this filing for purposes of Section 16 of the Exchange Act or otherwise, and each Reporting Person disclaims beneficial ownership of these securities, except to the extent of such Reporting Person's pecuniary interest therein, if any. Due to certain reporting restrictions including that no more than 30 transactions can be listed on each Table of the Form 4 filing and no more than 10 reporting persons can file any one Form 4 through the Securities and Exchange Commission's EDGAR system, certain affiliates of the Reporting Persons have filed separate Forms 4 reporting additional transactions.

Read the full filing on SEC EDGAR (opens in a new tab)