Form 4: Egon Durban, Dell Technologies Director, Reports Gift Transfer of Class C Common Stock
SEC Form 4 Filing
Dell Technologies Director Egon Durban reports a gift transfer of 72,500 shares of Class C Common Stock, leaving him with 718,882 directly held shares.
Summary
- On November 7, 2024, Egon Durban, a director of Dell Technologies Inc., reported a transaction involving Class C Common Stock.
- The transaction was a gift transfer of 72,500 shares.
- The shares were transferred for no consideration.
- Following the transaction, Durban directly owns 718,882 shares of Class C Common Stock.
- Durban also indirectly owns shares through Silver Lake Group, L.L.C., SLTA SPV-2, L.P., Silver Lake Technology Associates V, L.P., and a family trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a gift transfer of shares. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock.
Stakeholder Impact
- The transaction itself is unlikely to have a significant impact on stakeholders.
- The disclosure provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 11/07/2024 | Date of the transaction (gift transfer of shares) |
| 11/12/2024 | Date of the Form 4 filing |
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