SCHEDULE 13G/A: Michael Dell Amends Stake in Dell Technologies, Disclosing 46.8% Beneficial Ownership

Michael S. Dell has filed an Amendment No. 6 to Schedule 13G, disclosing his beneficial ownership of 46.8% of Dell Technologies Inc.'s Class C Common Stock as of March 31, 2025.

Summary

• Michael S. Dell, the Reporting Person, filed Amendment No. 6 to Schedule 13G concerning his beneficial ownership in Dell Technologies Inc.
• As of March 31, 2025, Michael S. Dell beneficially owns an aggregate of 283,169,860 shares of Dell Technologies Inc.'s Class C Common Stock.
• This ownership represents 46.8% of the total Class C Common Stock outstanding.
• The total beneficial ownership includes 246,834,081 shares of Class A Common Stock (convertible into Class C Common Stock on a one-to-one basis), 35,912,241 shares of Class C Common Stock held directly by the reporting person, and 423,538 shares of Class C Common Stock held by the Michael & Susan Dell Foundation.
• The percentage is calculated based on 358,710,357 shares of Class C Common Stock issued and outstanding as of March 17, 2025, as disclosed in the Issuer's Annual Report on Form 10-K filed on March 25, 2025.
• The reported beneficial ownership excludes 29,890,896 shares of Class A Common Stock and 1,380,000 shares of Class C Common Stock beneficially owned by Susan Lieberman Dell Separate Property Trust and Susan L. Dell.

Sentiment

Score: 7

Explanation: The filing indicates a significant and stable beneficial ownership by the founder, Michael S. Dell, which can be viewed positively as it aligns his interests with the company's long-term performance. It is a routine ownership disclosure, not a performance report, hence a neutral to slightly positive sentiment.

Positives

• Michael S. Dell's substantial beneficial ownership of 46.8% indicates strong insider confidence and alignment of the founder's interests with the company's long-term performance and shareholder value.

Future Outlook

This document is a beneficial ownership disclosure and does not contain forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine disclosure of beneficial ownership by a significant insider (the founder and CEO) in the technology sector. It does not provide broader industry trends or competitive analysis but highlights the concentrated ownership structure within Dell Technologies Inc., a major player in computing and IT infrastructure.

Stakeholder Impact

• Shareholders: Provides transparency on significant insider ownership, potentially signaling confidence from the founder and a stable ownership base.

Key Dates

Keywords

Dell Technologies, Michael Dell, Schedule 13G, Beneficial Ownership, Class C Common Stock, Class A Common Stock, SEC Filing, Insider Ownership, Technology Sector