Form 4: Silver Lake Sells Dell Technologies Shares in Multiple Transactions

Silver Lake and related entities sold shares of Dell Technologies Class C Common Stock on July 3, 2024, at prices ranging from $146.50 to $147.13.

Summary

• On July 3, 2024, Silver Lake and its affiliates executed multiple transactions involving Dell Technologies Inc. (DELL) Class C Common Stock.
• The transactions involved the sale of shares at a weighted average price of $146.8.
• The sales occurred at prices ranging from $146.50 to $147.13.
• Prior to the sales, some Reporting Persons converted Class B Common Stock into Class C Common Stock.
• The reporting persons include SLTA IV (GP), L.L.C., Silver Lake Group, L.L.C., Silver Lake Technology Associates IV, L.P., Silver Lake Partners IV, L.P., Silver Lake Technology Investors IV, L.P., SLTA SPV-2 (GP), L.L.C., SLTA SPV-2, L.P., SL SPV-2, L.P., and Egon Durban.
• The filing indicates changes in beneficial ownership due to these transactions.
• After the reported transactions, the reporting persons continue to hold a significant number of Class C Common Stock shares both directly and indirectly through various entities.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock sales. It doesn't inherently convey positive or negative sentiment, but the market's reaction to the sale could influence sentiment.

Industry Context

Sales of shares by major holders like Silver Lake are common and can reflect portfolio adjustments or strategic decisions. The impact on Dell's stock price will depend on market perception and the overall demand for the stock.

Stakeholder Impact

• The sale of shares by Silver Lake could potentially impact shareholder value, depending on market reaction.
• The transactions do not appear to directly impact employees, customers, suppliers, or creditors.

Key Dates