Form 4: Dell Director William Green Receives Equity Grant

Dell Technologies Director William D. Green was granted 2,574 shares of Class C Common Stock, including deferred stock units, as part of his compensation.

Summary

• William D. Green, a Director of Dell Technologies Inc., received a grant of 2,574 shares of Class C Common Stock on September 30, 2025.
• This grant comprises 987 shares of Class C Common Stock and 1,587 deferred stock units (DSUs).
• The DSUs are scheduled to vest in full on the first anniversary of Dell's annual stockholders meeting held on June 26, 2025, contingent on Mr. Green's continued service.
• Following this transaction, Mr. Green directly beneficially owns 47,619 shares of Class C Common Stock.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 7

Explanation: The grant of equity to a director is a standard compensation practice that aligns the director's interests with long-term shareholder value, indicating a stable governance structure.

Positives

• The grant of equity to Director William D. Green aligns his interests with those of shareholders, promoting long-term commitment and performance.
• The inclusion of deferred stock units (DSUs) with a vesting schedule encourages continued service and stability in the board leadership.

Negatives

• NA

Risks

• The vesting of the 1,587 deferred stock units is contingent on Director William D. Green's continued service, meaning the full benefit is not immediately realized if his service ceases before the vesting date.

Future Outlook

The deferred stock units are set to vest in full on the first anniversary of the annual stockholders meeting held on June 26, 2025, contingent on the reporting person's continued service.

Management Comments

• NA

Industry Context

Equity grants to directors are a common practice across industries, particularly in technology, to align leadership incentives with long-term shareholder value creation and ensure retention of experienced board members.

Comparison to Industry Standards

• The grant of equity, including deferred stock units, to a director is a standard compensation practice in publicly traded companies, comparable to practices at major tech firms like Microsoft, Apple, or Google, which often use restricted stock units (RSUs) or DSUs to incentivize and retain board members.

Management Changes

Corporate Governance

Legal Proceedings

• NA

Related Party Transactions

• The grant of 2,574 shares of Class C Common Stock and deferred stock units to William D. Green, a Director of Dell Technologies Inc., constitutes a related party transaction as part of his compensation package.

Stakeholder Impact

• Shareholders: Positive impact due to increased alignment of director's interests with long-term shareholder value through equity ownership.
• Employees: No direct impact mentioned in this filing.

Next Steps

• Vesting of 1,587 deferred stock units on the first anniversary of the June 26, 2025 annual meeting, contingent on continued service.

Key Dates

Keywords

Dell, DELL, stock grant, director compensation, equity, Form 4, insider transaction, William Green, deferred stock units, corporate governance