Form 4: Dell Technologies Director William D. Green Reports Acquisition of Class C Common Stock
SEC Form 4 Filing
Director William D. Green reports acquiring 3,016 shares of Dell Technologies Class C Common Stock, including shares and deferred stock units (DSUs), on September 18, 2024.
Summary
- On September 18, 2024, William D. Green, a director of Dell Technologies Inc., acquired 3,016 shares of Class C Common Stock.
- This acquisition includes 1,077 shares of Class C Common Stock and 1,939 deferred stock units (DSUs).
- The DSUs vest in full on the first anniversary of the annual meeting of stockholders held on June 27, 2024, contingent on continued service.
- Following the transaction, Green directly owns 45,045 shares of Class C Common Stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The DSUs vest on the first anniversary of the annual meeting of stockholders of Dell Technologies Inc. held on June 27, 2024, contingent on the reporting person's continued service on such vesting date.
Industry Context
This filing is a routine disclosure of a director's stock acquisition, which is common in publicly traded companies. It provides transparency to investors regarding the holdings of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the holdings of a company director.
Key Dates
| Date | Description |
|---|---|
| 06/27/2024 | Date of the annual meeting of stockholders of Dell Technologies Inc. |
| 09/18/2024 | Date of transaction: William D. Green acquired shares and DSUs. |
| 09/20/2024 | Date of signature by James Williamson, Attorney-in-Fact. |
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