Form 4: Michael Dell Reports Significant Transactions in Dell Technologies Inc. Stock

Michael Dell, CEO of Dell Technologies, reports the acquisition and disposition of Class C Common Stock and conversion of Class A Common Stock into Class C Common Stock.

Summary

• On September 16 and 17, 2024, Michael Dell engaged in multiple transactions involving Dell Technologies Inc. Class C Common Stock.
• These transactions included the acquisition of 1,500,000 shares on September 16 and 25,000,000 shares on September 17 through conversion of Class A Common Stock.
• He also disposed of a total of 2,619,274 shares of Class C Common Stock through multiple sales at prices ranging from $112.23 to $118.17.
• Following these transactions, Michael Dell directly owns 36,912,241 shares of Class C Common Stock and indirectly owns 1,380,000 shares through the Susan Lieberman Dell Separate Property Trust.
• He also directly holds derivative securities convertible into 271,834,081 shares of Class C Common Stock and indirectly holds derivative securities convertible into 29,890,896 shares through the Susan Lieberman Dell Separate Property Trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider and provides transparency to the market regarding the insider's investment activities in the company's stock.

Stakeholder Impact

• The transactions may influence investor perception of Dell Technologies Inc., depending on how the market interprets the insider's activity.
• Significant sales by an insider could be perceived negatively, while acquisitions could be seen as a positive signal.

Key Dates