Dell Technologies DEF 14A: Executive Compensation Details

Ticker: DELL · Form: DEF 14A · Filed: May 17, 2024 · CIK: 1571996

Dell Technologies INC. DEF 14A Filing Summary
FieldDetail
CompanyDell Technologies INC. (DELL)
Form TypeDEF 14A
Filed DateMay 17, 2024
Risk Levellow
Pages15
Reading Time18 min
Sentimentneutral

Sentiment: neutral

Topics: proxy-statement, executive-compensation, stock-awards

TL;DR

Dell's proxy statement is out, detailing exec pay and stock awards for FY24.

AI Summary

Dell Technologies Inc. filed its DEF 14A on May 17, 2024, for the fiscal year ending January 31, 2024. The filing details executive compensation, including stock awards and their fair values, for the covered year. Key figures relate to changes in the fair value of stock awards granted, vested, and outstanding from prior years.

Why It Matters

This filing provides transparency into how Dell Technologies compensates its top executives, which can influence investor perception and corporate governance.

Risk Assessment

Risk Level: low — This is a routine annual filing (DEF 14A) detailing executive compensation and corporate governance matters, not indicating new or unusual risks.

Key Numbers

Key Players & Entities

FAQ

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing, also known as a Proxy Statement, is used to solicit shareholder votes and provide detailed information about matters to be voted on at an annual or special meeting, including executive compensation, director nominations, and corporate governance.

When is Dell Technologies' fiscal year end?

Dell Technologies' fiscal year ends on January 31st.

What specific compensation elements are detailed in this filing?

The filing details executive compensation, including stock awards, their fair values, and changes in fair value for awards granted, vested, and outstanding from prior years.

Who is the filer of this DEF 14A?

The filer is Dell Technologies Inc., with Central Index Key 0001571996.

What is the SEC file number for Dell Technologies?

The SEC file number for Dell Technologies is 001-37867.

Filing Stats: 4,457 words · 18 min read · ~15 pages · Grade level 15.8 · Accepted 2024-05-17 16:10:57

Filing Documents

Executive Compensation Philosophy and Core Objectives

Executive Compensation Philosophy and Core Objectives 36

Executive Compensation Overview

Executive Compensation Overview 36 Individual Compensation Components 37 Compensation Governance 45 Compensation of Executive Officers 49 Fiscal 2024 Summary Compensation Table 49 All Other Compensation Table 51 Grants of Plan-Based Awards in Fiscal 2024 52 Outstanding Equity Awards at End of Fiscal 2024 54 Stock Vested 56 Stock Incentive Plan 56 Other Benefit Plans 57 Payments Upon Termination of Employment or Change in Control 57 Pay Ratio Disclosure 59 Pay Versus Performance Disclosure 60 Report of the Audit Committee 65

Security Ownership of Certain Beneficial Owners and Management

Security Ownership of Certain Beneficial Owners and Management 66 Transactions With Related Persons 69 Policy for Review and Approval of Transactions With Related Persons 69 Transactions With Michael S. Dell and Other Related Persons 70 Transactions With VMware 70 Transactions With Other Principal Stockholders 72 Relationships and Transactions Under Other Stockholder Agreements and Arrangements 72 Other Transactions 73 Questions and Answers About the Annual Meeting 75 Additional Information 83 Director Nomination Process 83 Shareholder Proposals for Next Year's Annual Meeting 84 Delinquent Section 16(a) Reports 84 Stockholders Sharing the Same Last Name and Address 85 Availability of Annual Report on Form 10-K 85 Other Matters 85 Annex A – Selected Definitions A-1 Annex B – Reconciliation of Non-GAAP Financial Measure B-1 Table of Contents Summary Information This summary highlights information contained elsewhere in this proxy statement. For more complete information, we encourage you to review the entire proxy statement and Dell Technologies' annual report on Form 10-K for the fiscal year ended February 2, 2024. The Notice of Internet Availability of Proxy Materials is first being distributed to stockholders on or about May 17, 2024. On or about May 24, 2024, we will begin mailing a full set of proxy materials to some of our stockholders. All references to "Dell Technologies," "we," "us," "our" and "Company" in this proxy statement refer to Dell Technologies Inc. individually or together with its consolidated subsidiaries. Annual Meeting of Stockholders Date: Thursday, June 27, 2024 Time: 12:00 p.m., Central Time Record Date: May 1, 2024 Webcast: The meeting can be accessed by visiting www.virtualshareholdermeeting.com/DELL2024 , where you will be able to listen to the meeting live, submit questions and vote online. Voting Methods: Submit your proxy or voting instr

View Full Filing

View this DEF 14A filing on SEC EDGAR

View on Read The Filing