Form 4: Michael Dell Sells 10 Million Dell Technologies Shares
SEC Form 4 Filing
Michael Dell, CEO of Dell Technologies, sold 10,000,000 shares of Class C Common Stock on September 26, 2024.
Summary
- Michael Dell, the CEO of Dell Technologies, sold 10,000,000 shares of Class C Common Stock on September 26, 2024.
- The sale price was $122.4 per share.
- Following the transaction, Michael Dell directly owns 16,912,241 shares of Class C Common Stock.
- He also indirectly owns 1,380,000 shares through the Susan Lieberman Dell Separate Property Trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale. It doesn't inherently convey positive or negative sentiment, but a large sale by a CEO could be interpreted in various ways by the market.
Industry Context
Executive stock sales are a common occurrence, but the size of the transaction may be noteworthy for investors.
Stakeholder Impact
- The sale of a significant number of shares by the CEO could influence investor sentiment and potentially impact the stock price.
Key Dates
| Date | Description |
|---|---|
| 09/26/2024 | Date of transaction: Michael Dell sold 10,000,000 shares of Class C Common Stock. |
| 09/30/2024 | Date of signature on the Form 4 filing. |
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