Dell Technologies Reports Unregistered Equity Sales

Ticker: DELL · Form: 8-K · Filed: 2024-12-03T00:00:00.000Z

Sentiment: neutral

Topics: equity-sale, unregistered-securities

Related Tickers: DELL

TL;DR

Dell sold some stock, details in the filing.

AI Summary

On November 29, 2024, Dell Technologies Inc. filed an 8-K report detailing unregistered sales of equity securities. The filing does not specify the exact number of shares sold or the aggregate dollar amount, but it indicates a transaction occurred under the company's equity incentive plans.

Why It Matters

This filing informs investors about potential dilution or changes in share structure resulting from the company issuing equity securities outside of a public offering.

Risk Assessment

Risk Level: low — The filing reports on routine equity sales, which typically carry low risk unless specific details indicate significant dilution or unusual terms.

Key Players & Entities

FAQ

What specific equity securities were sold by Dell Technologies Inc.?

The filing indicates unregistered sales of equity securities, but does not specify the exact type of securities (e.g., common stock, options) in the provided text.

What was the date of the earliest event reported in this 8-K filing?

The date of the earliest event reported is November 29, 2024.

Under which section of the Securities Exchange Act of 1934 is this report filed?

This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

What is Dell Technologies Inc.'s state of incorporation?

Dell Technologies Inc. is incorporated in Delaware.

Where are Dell Technologies Inc.'s principal executive offices located?

Dell Technologies Inc.'s principal executive offices are located at One Dell Way, Round Rock, Texas 78682.

From the Filing

0001571996-24-000136.txt : 20241203 0001571996-24-000136.hdr.sgml : 20241203 20241203170015 ACCESSION NUMBER: 0001571996-24-000136 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20241129 ITEM INFORMATION: Unregistered Sales of Equity Securities FILED AS OF DATE: 20241203 DATE AS OF CHANGE: 20241203 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Dell Technologies Inc. CENTRAL INDEX KEY: 0001571996 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571] ORGANIZATION NAME: 06 Technology IRS NUMBER: 800890963 STATE OF INCORPORATION: DE FISCAL YEAR END: 0131 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-37867 FILM NUMBER: 241523534 BUSINESS ADDRESS: STREET 1: ONE DELL WAY CITY: ROUND ROCK STATE: TX ZIP: 78682 BUSINESS PHONE: 800-289-3355 MAIL ADDRESS: STREET 1: ONE DELL WAY CITY: ROUND ROCK STATE: TX ZIP: 78682 FORMER COMPANY: FORMER CONFORMED NAME: Dell Technologies Inc DATE OF NAME CHANGE: 20160825 FORMER COMPANY: FORMER CONFORMED NAME: Denali Holding Inc. DATE OF NAME CHANGE: 20130313 8-K 1 dell-20241129.htm 8-K dell-20241129 0001571996 false 0001571996 2024-11-29 2024-11-29 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): November 29, 2024   ______________________ Dell Technologies Inc. (Exact name of registrant as specified in its charter)   ______________________ Delaware   001-37867   80-0890963 (State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification No.) One Dell Way   Round Rock, Texas 78682 (Address of principal executive offices)   (Zip Code) Registrant’s telephone number, including area code: ( 800 )  289-3355 Not Applicable (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Class C Common Stock, par value $0.01 per share DELL New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨ Item 3.02 Unregistered Sales of Equity Securities. On November 29, 2024, Dell Technologies Inc. (the “Company”) issued an aggregate of 25,000,000 shares of the Company’s Class C common stock (the “Class C Common Stock”) upon conversion of the same number of shares of the Company’s Class A common stock (the “Class A Common Stock”) held by Michael Dell. As of the close of business on November 29, 2024, and after giving effect to the conversion, Mr. Dell beneficially owned a total of 246,834,081 shares of Class A Common Stock and 41,912,241 shares of Class C Common Stock, excluding 29,890,896 shares of Class A

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