Silver Lake Affiliates Sell Dell Class C Shares and Distribute Stock to Employees
Silver Lake Group affiliates, including SL SPV-2, L.P. and related entities, engaged in significant transactions involving Dell Technologies Class C Common Stock on June 5, 2026. The filing reports multiple sales of Class C shares totaling 92,730 shares at prices ranging from $395.39 to $412.35 per share, generating substantial proceeds. Additionally, the entities initiated in-kind distributions of Class C shares to employees and managing members of Silver Lake Group, including director Egon Durban. The transactions involved conversion of Class B shares to Class C shares, with each Class B share convertible to one Class C share. The reporting persons disclaim beneficial ownership of all securities covered by the filing except to the extent of their pecuniary interest. Due to SEC filing restrictions, certain affiliates filed separate Forms 4 reporting additional transactions.