Form 4: Silver Lake Affiliates and Egon Durban Report Transfer of Dell Technologies Class C Common Stock

A group of Silver Lake affiliates and Egon Durban reported the transfer of Dell Technologies Class C Common Stock to limited partners and members on October 4, 2024.

Summary

• On October 4, 2024, SLTA SPV-2, L.P., Silver Lake Technology Associates V, L.P., Silver Lake Technology Associates IV, L.P., and Silver Lake Group, L.L.C. transferred shares of Dell Technologies Inc. Class C Common Stock to certain of their limited partners and/or members, including Egon Durban.
• The transfers were exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
• Egon Durban, a director of Dell Technologies, also serves as a Co-CEO and Managing Member of Silver Lake Group, L.L.C.
• The reporting persons are jointly filing this Form 4 and disclaim beneficial ownership of the securities, except to the extent of their pecuniary interest.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a transfer of shares. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Industry Context

This filing reflects the ongoing ownership adjustments within major shareholders of Dell Technologies, which is common after significant investment periods or corporate actions. It's typical for private equity firms like Silver Lake to distribute shares to their limited partners.

Stakeholder Impact

• The transfer of shares may have a minor impact on shareholders due to the redistribution of ownership among Silver Lake's limited partners.
• The impact on employees, customers, suppliers, and creditors is expected to be minimal.

Key Dates