Form 4: Silver Lake Entities and Egon Durban Report Dell Technologies Inc. Class C Common Stock Transactions

Silver Lake entities and Egon Durban report sales and in-kind distributions of Dell Technologies Inc. Class C Common Stock.

Summary

• Silver Lake entities, including SL SPV-2, L.P., Silver Lake Partners IV, L.P., and Silver Lake Partners V DE (AIV), L.P., along with Egon Durban, reported transactions involving Dell Technologies Inc. Class C Common Stock.
• On June 3, 2024, these entities sold shares of Class C Common Stock at a weighted average price of approximately $135.13 and $135.9.
• On June 4, 2024, they initiated in-kind distributions of Class C Common Stock.
• The transactions involved conversions of Class B Common Stock into Class C Common Stock in connection with the distributions and sales.
• Egon Durban also reported indirect beneficial ownership through various entities and a trust for family members.
• The report indicates the number of securities beneficially owned following the reported transactions.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document primarily reports transactions without expressing positive or negative views.

Industry Context

This filing reflects the ongoing investment activity of a major shareholder, Silver Lake, in Dell Technologies. Monitoring these transactions can provide insights into the investor's perspective on the company's value and future prospects.

Stakeholder Impact

• The transactions may influence the market price of Dell Technologies Inc. stock.
• Changes in ownership percentages could affect shareholder voting power.

Key Dates