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

Silver Lake Group entities and Egon Durban report the sale and distribution of Dell Technologies Inc. Class C Common Stock.

Summary

• On March 15, 2024, Silver Lake Partners IV, L.P., Silver Lake Partners V DE (AIV), L.P., and SL SPV-2, L.P. sold shares of Dell Technologies Inc.'s Class C Common Stock.
• The sales occurred at weighted average prices ranging from $107.17 to $108.97 per share.
• On March 18, 2024, these entities initiated in-kind distributions of Class C Common Stock to their respective partners and members.
• Egon Durban, a director of Dell Technologies Inc., also reported transactions related to these sales and distributions, including shares held directly and indirectly through various entities and a family trust.
• The receipt of shares of Class C Common Stock by the reporting persons was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.

Sentiment

Score: 5

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

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market regarding their transactions in the company's securities.

Stakeholder Impact

• The sale and distribution of shares may have a short-term impact on the stock price, but the long-term impact is likely to be minimal as these transactions are part of the normal course of business for large investment firms like Silver Lake.

Key Dates