Dell Technologies (NYSE: DELL) insider plans sale of 71,000 Class C shares
Dell Technologies insider affiliates have filed a Form 144 notice indicating an intent to sell 71,000 shares of Class C Common Stock through BOFA Securities Inc. on the NYSE, with an approximate sale date of 12/09/2025 and an aggregate market value of 9,969,110. The filing states that 338,646,945 shares of this class were outstanding.
The 71,000 shares were acquired on 04/08/2024 via pro rata in-kind distributions from affiliates of Silver Lake Group, L.L.C., following conversions of Class B Common Stock originally acquired in 2019 or earlier. The notice also lists numerous recent sales of Dell Class C Common Stock over the past three months by various Silver Lake-related funds and entities, each specifying the number of shares sold and the gross proceeds.
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| Form 144 Filer Information |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144
NOTICE OF PROPOSED SALE OF SECURITIES
PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933 | |
FORM 144 |
144: Filer Information
| Filer CIK | |
| Filer CCC | |
| Is this a LIVE or TEST Filing? | LIVE TEST |
Submission Contact Information | |
| Name | |
| Phone | |
| E-Mail Address |
144: Issuer Information
| Name of Issuer | |
| SEC File Number | |
| Address of Issuer | |
| Phone | |
| Name of Person for Whose Account the Securities are To Be Sold | |
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account
the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given
as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales
for the account of the person filing this notice.
| |
| Relationship to Issuer | |
144: Securities Information
| Title of the Class of Securities To Be Sold | Name and Address of the Broker | Number of Shares or Other Units To Be Sold | Aggregate Market Value | Number of Shares or Other Units Outstanding | Approximate Date of Sale | Name the Securities Exchange |
|---|---|---|---|---|---|---|
| Class C Common Stock | BOFA Securities Inc. One Bryant Park New York NY 10036 | 71000 | 9969110 | 338646945 | 12/09/2025 | NYSE |
144: Securities To Be Sold
| Title of the Class | Date you Acquired | Nature of Acquisition Transaction | Name of Person from Whom Acquired | Is this a Gift? | Date Donor Acquired | Amount of Securities Acquired | Date of Payment | Nature of Payment * |
|---|---|---|---|---|---|---|---|---|
| Class C Common Stock | 04/08/2024 | Acquired through pro rata in-kind distributions initiated between 4/8/2024-6/30/2025 from affiliates of Silver Lake Group, L.L.C., which shares were acquired upon conversion of Class B Common Stock of the Issuer, which were acquired in 2019 or earlier. | Silver Lake Group, L.L.C. and/or its affiliates | 71000 | 04/08/2024 | See "Nature of Acquisition" |
144: Securities Sold During The Past 3 Months
| Name and Address of Seller | Title of Securities Sold | Date of Sale | Amount of Securities Sold | Gross Proceeds |
|---|---|---|---|---|
| Silver Lake Partners IV, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/15/2025 | 249260 | 31654726.16 |
| Silver Lake Partners V DE (AIV), L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/15/2025 | 128377 | 16303212.63 |
| SL SPV-2, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/15/2025 | 215487 | 27365730.46 |
| Silver Lake Technology Investors IV, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/15/2025 | 4739 | 601828.40 |
| Silver Lake Technology Investors V, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/15/2025 | 2137 | 271387.91 |
| Silver Lake Partners IV, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/17/2025 | 234803 | 30622590.25 |
| Silver Lake Partners V DE (AIV), L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/17/2025 | 120805 | 15755173.55 |
| SL SPV-2, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/17/2025 | 202914 | 26463683.50 |
| Silver Lake Technology Investors IV, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/17/2025 | 4465 | 582317.37 |
| Silver Lake Technology Investors V, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/17/2025 | 2013 | 262531.88 |
| Silver Lake Partners IV, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/18/2025 | 234855 | 31076221.68 |
| Silver Lake Partners V DE (AIV), L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/18/2025 | 120761 | 15979202.51 |
| SL SPV-2, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/18/2025 | 202905 | 26848569.37 |
| Silver Lake Technology Investors IV, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/18/2025 | 4465 | 590812.76 |
| Silver Lake Technology Investors V, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/18/2025 | 2014 | 266494.26 |
| Silver Lake Partners IV, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/19/2025 | 132258 | 17569232.87 |
| Silver Lake Partners V DE (AIV), L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/19/2025 | 68000 | 9033161.21 |
| SL SPV-2, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/19/2025 | 114263 | 15178766.16 |
| Silver Lake Technology Investors IV, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/19/2025 | 2516 | 334226.96 |
| Silver Lake Technology Investors V, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/19/2025 | 1134 | 150641.25 |
| Silver Lake Partners IV, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/22/2025 | 343038 | 46644308.70 |
| Silver Lake Partners V DE (AIV), L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/22/2025 | 176219 | 23961232.97 |
| SL SPV-2, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/22/2025 | 296277 | 40286020.35 |
| Silver Lake Technology Investors IV, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/22/2025 | 6524 | 887095.51 |
| Silver Lake Technology Investors V, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/22/2025 | 2942 | 400036.02 |
| Silver Lake Group, L.L.C. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/25/2025 | 6701 | 875306.73 |
| Silver Lake Management Company III, L.L.C. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/25/2025 | 1035 | 135195.12 |
| Silver Lake Management Company IV, L.L.C. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/25/2025 | 2365 | 308924.10 |
| Silver Lake Management Company V, L.L.C. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/25/2025 | 2239 | 292465.57 |
| Silver Lake Technology Management, L.L.C. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 09/25/2025 | 141 | 18417.89 |
| Silver Lake Partners IV, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/01/2025 | 211763 | 31020043.76 |
| Silver Lake Partners V DE (AIV), L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/01/2025 | 108630 | 15912635.13 |
| SL SPV-2, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/01/2025 | 183744 | 26915688.39 |
| Silver Lake Technology Investors IV, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/01/2025 | 4041 | 591944.75 |
| Silver Lake Technology Investors V, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/01/2025 | 1822 | 266895.16 |
| Silver Lake Group, L.L.C. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/02/2025 | 1188 | 173528.67 |
| Silver Lake Management Company III, L.L.C. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/02/2025 | 181 | 26438.29 |
| Silver Lake Management Company IV, L.L.C. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/02/2025 | 423 | 61786.72 |
| Silver Lake Management Company V, L.L.C. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/02/2025 | 403 | 58865.36 |
| Silver Lake Technology Management, L.L.C. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/02/2025 | 25 | 3651.70 |
| Durban Family Foundation c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/03/2025 | 27200 | 3959365.90 |
| Silver Lake Partners IV, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/06/2025 | 211924 | 30967279.43 |
| Silver Lake Partners V DE (AIV), L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/06/2025 | 108753 | 15891473.07 |
| SL SPV-2, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/06/2025 | 183453 | 26806970.01 |
| Silver Lake Technology Investors IV, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/06/2025 | 4046 | 591219.55 |
| Silver Lake Technology Investors V, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/06/2025 | 1824 | 266531.01 |
| Silver Lake Partners IV, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/07/2025 | 207847 | 31318509.21 |
| Silver Lake Partners V DE (AIV), L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/07/2025 | 106543 | 16053962.42 |
| SL SPV-2, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/07/2025 | 179852 | 27100206.01 |
| Silver Lake Technology Investors IV, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/07/2025 | 3968 | 597900.59 |
| Silver Lake Technology Investors V, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/07/2025 | 1790 | 269718.26 |
| Silver Lake Partners IV, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/08/2025 | 208014 | 33590713.53 |
| Silver Lake Partners V DE (AIV), L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/08/2025 | 106386 | 17179524.69 |
| SL SPV-2, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/08/2025 | 179836 | 29040447.08 |
| Silver Lake Technology Investors IV, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/08/2025 | 3973 | 641571.74 |
| Silver Lake Technology Investors V, L.P. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/08/2025 | 1791 | 289215.96 |
| Silver Lake Group, L.L.C. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/14/2025 | 3538 | 536466.94 |
| Silver Lake Management Company III, L.L.C. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/14/2025 | 533 | 80818.79 |
| Silver Lake Management Company IV, L.L.C. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/14/2025 | 1254 | 190144.02 |
| Silver Lake Management Company V, L.L.C. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/14/2025 | 1216 | 184382.08 |
| Silver Lake Technology Management, L.L.C. c/o Silver Lake 2775 Sand Hill Road, Suite 100 Menlo Park CA 94025 | Class C Common Stock | 10/14/2025 | 76 | 11523.88 |
144: Remarks and Signature
| Remarks | |
| Date of Notice | |
ATTENTION: | |
| The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date. | |
| Signature | |
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001) | |