Form 4: Dell Technologies Director Lynn Vojvodich Radakovich Executes Stock Option and Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Director Lynn Vojvodich Radakovich exercised stock options and sold shares of Dell Technologies Inc. under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On February 18, 2025, Lynn Vojvodich Radakovich, a director of Dell Technologies Inc., executed transactions involving Class C Common Stock.
- Radakovich exercised options to acquire 725 shares of Class C Common Stock at a price of $31.14 per share.
- Simultaneously, Radakovich sold 725 shares of Class C Common Stock at a price of $120 per share.
- These transactions were conducted under a pre-arranged Rule 10b5-1 trading plan adopted on July 15, 2024.
- Following these transactions, Radakovich directly owns 23,680 shares of Class C Common Stock and 69,076 derivative securities (options).
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing insider transactions. It doesn't inherently convey positive or negative sentiment, as it's simply a report of facts.
Industry Context
This filing is a routine disclosure of insider transactions, which are common among corporate executives and directors. The use of a 10b5-1 trading plan suggests that the transactions were pre-planned to avoid accusations of insider trading.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the use of a 10b5-1 plan mitigates concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| July 15, 2024 | Date of adoption of Rule 10b5-1 trading plan |
| February 18, 2025 | Date of transaction (exercise of options and sale of shares) |
| February 20, 2025 | Date of signature on the Form 4 filing |
| April 02, 2029 | Expiration date of options |
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