Form 4: Silver Lake Affiliates Sell Dell Technologies Shares in Multiple Transactions

Silver Lake affiliates, including SLTA V (GP), L.L.C., sold a significant number of Dell Technologies Class C Common Stock shares across multiple transactions on January 7th and 8th, 2025.

Summary

• Silver Lake affiliates executed multiple sales of Dell Technologies Class C Common Stock on January 7th and 8th, 2025.
• The sales were conducted through various Silver Lake investment partnerships, including SL SPV-2, L.P., Silver Lake Partners IV, L.P., Silver Lake Partners V DE (AIV), L.P., Silver Lake Technology Investors IV, L.P., and Silver Lake Technology Investors V, L.P.
• On January 7th, shares were sold at weighted average prices of $123.45, $124.38, and $125.50.
• On January 8th, the affiliates converted Class B Common Stock into Class C Common Stock in connection with the sales.
• The transactions involved the sale of tens of thousands of shares at varying prices within the ranges specified.

Sentiment

Score: 5

Explanation: The document is a factual report of stock sales, with no inherent positive or negative sentiment. It reflects normal trading activity by a major shareholder.

Industry Context

This filing reflects the trading activity of a major shareholder, Silver Lake, in Dell Technologies, which is a common occurrence in the technology sector. Such transactions can influence market perception and stock price.

Comparison to Industry Standards

• Large institutional investors like Silver Lake frequently adjust their holdings in publicly traded companies.
• The sale of shares by a major shareholder is a common event and is not unusual in the technology sector.
• The specific prices and volumes of shares traded are typical for large block trades by institutional investors.
• Similar transactions can be seen with other large technology companies and their major shareholders.

Stakeholder Impact

• The sale of shares by Silver Lake could potentially impact the share price of Dell Technologies.
• The transactions may be of interest to other shareholders and market participants.

Key Dates

Keywords

Dell Technologies, Silver Lake, stock sale, Class C Common Stock, Class B Common Stock, SEC Form 4, equity transaction, investment partnership