Form 4: Dell Technologies Executive Allison Dew Reports Stock Transactions
SEC Form 4 Filing
Chief Marketing Officer Allison Dew reported the acquisition and disposal of Dell Technologies Inc. Class C Common Stock on March 15, 2024, according to a Form 4 filing.
Summary
- On March 15, 2024, Allison Dew, Chief Marketing Officer of Dell Technologies Inc., reported transactions involving Class C Common Stock.
- Dew disposed of 12,253 shares to cover tax liabilities at a price of $106.45 per share.
- She also acquired 69,396 shares related to performance-based RSUs at a price of $0.
- Following these transactions, Dew directly owns 142,516 shares and indirectly owns 678 shares through a spouse.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the transactions are related to standard executive compensation practices (RSU vesting and tax liability coverage).
Positives
- The acquisition of 69,396 shares indicates positive performance leading to the vesting of performance-based RSUs.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. This filing indicates transactions by a key executive at Dell Technologies.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/15/2021 | Date of original grant of RSUs that partially vested. |
| 03/15/2022 | Date of original grant of RSUs that partially vested. |
| 03/15/2023 | Date of original grant of RSUs that partially vested. |
| 03/15/2024 | Date of the reported transactions (disposal and acquisition of shares). |
| 03/19/2024 | Date of the Form 4 filing. |
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