Dell Technologies Reports Unregistered Equity Sales

Ticker: DELL · Form: 8-K · Filed: 2025-01-14T00:00:00.000Z

Sentiment: neutral

Topics: equity-sale, unregistered-securities

Related Tickers: DELL

TL;DR

Dell sold unregistered stock on Jan 8th. Details TBD.

AI Summary

On January 8, 2025, Dell Technologies Inc. filed an 8-K report detailing unregistered sales of equity securities. The filing, submitted on January 14, 2025, does not specify the exact number of shares or the total dollar amount involved in these transactions, but it indicates a material event for the company.

Why It Matters

This filing indicates Dell Technologies has engaged in transactions involving its equity securities that were not registered with the SEC, which could have implications for investors and regulatory compliance.

Risk Assessment

Risk Level: medium — Unregistered sales of equity securities can sometimes indicate financial distress or unusual corporate actions, warranting closer investor scrutiny.

Key Players & Entities

FAQ

What specific equity securities were sold?

The filing does not specify the exact type of equity securities sold, only that they were unregistered.

What was the total dollar amount of the unregistered equity sales?

The filing does not disclose the total dollar amount of the unregistered equity sales.

How many shares were involved in the unregistered sales?

The filing does not specify the number of shares involved in the unregistered sales.

Why were these equity securities sold on an unregistered basis?

The filing does not provide a reason for the unregistered sale of equity securities.

When did the unregistered sales of equity securities occur?

The earliest event reported for the unregistered sales of equity securities was January 8, 2025.

From the Filing

0001571996-25-000004.txt : 20250114 0001571996-25-000004.hdr.sgml : 20250114 20250114165751 ACCESSION NUMBER: 0001571996-25-000004 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20250108 ITEM INFORMATION: Unregistered Sales of Equity Securities FILED AS OF DATE: 20250114 DATE AS OF CHANGE: 20250114 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: 25530021 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-20250108.htm 8-K dell-20250108 0001571996 false 0001571996 2025-01-08 2025-01-08 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): January 8, 2025   ______________________ 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 December 5, 2024, December 6, 2024, January 6, 2025, January 7, 2025 and January 8, 2025, Dell Technologies Inc. (the “Company”) issued an aggregate of 3,991,503 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 B common stock (the “Class B Common Stock”) held by SL SPV-2, L.P., Silver Lake Partners IV, L.P., Silver Lake Technology Investors IV, L.P., Silver Lake Partners V DE (AIV), L.P. and Silver Lake Technology Investors V, L.P. As of January 8, 2025, after givin

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