Silver Lake Entities Report Dell Ownership Changes

TL;DR

**Silver Lake entities just filed a Form 4 for Dell, signaling ownership changes.**

AI Summary

This Form 4 filing, dated March 24, 2026, indicates that Silver Lake Partners V DE (AIV), L.P., along with related entities like Silver Lake Technology Investors V, L.P., and SLTA V (GP), L.L.C., are reporting changes in their beneficial ownership of securities in Dell Technologies Inc. (Issuer CIK: 0001571996). While the filing itself doesn't detail specific transactions, it signals that these major institutional investors, known for their private equity investments in technology, have had reportable events concerning their Dell holdings. This matters to investors because Silver Lake's actions can reflect their sentiment about Dell's future performance and strategic direction, potentially influencing other investors' decisions.

Why It Matters

Changes in ownership by major institutional investors like Silver Lake can signal their confidence or lack thereof in Dell Technologies, potentially impacting stock price and market perception.

Risk Assessment

Risk Level: low — This filing is purely informational, indicating a change in beneficial ownership, and does not inherently pose a direct risk to investors.

Analyst Insight

An astute investor would monitor subsequent filings or news from Silver Lake regarding Dell Technologies to understand the nature of these ownership changes (e.g., sale, purchase, or conversion) and assess their potential implications for Dell's stock performance.

Key Players & Entities

• Silver Lake Partners V DE (AIV), L.P. (company) — Reporting owner of Dell Technologies Inc. securities
• Dell Technologies Inc. (company) — The issuer of the securities being reported on
• Silver Lake Technology Investors V, L.P. (company) — Reporting owner, related to Silver Lake Partners V DE (AIV), L.P.
• SLTA V (GP), L.L.C. (company) — Reporting owner, related to Silver Lake Partners V DE (AIV), L.P.
• Silver Lake Technology Associates V, L.P. (company) — Reporting owner, related to Silver Lake Partners V DE (AIV), L.P.

FAQ

Key Financial Figures

• $0.01 — ares of Class C Common Stock, par value $0.01 per share ("Class C Common Stock") of D
• $163.00 — ple transactions at prices ranging from $163.00 to $163.9990 per share, inclusive. The
• $163.9990 — tions at prices ranging from $163.00 to $163.9990 per share, inclusive. The Reporting Per
• $164.00 — ple transactions at prices ranging from $164.00 to $164.9999 per share, inclusive. The
• $164.9999 — tions at prices ranging from $164.00 to $164.9999 per share, inclusive. The Reporting Per
• $165.00 — ple transactions at prices ranging from $165.00 to $165.9992 per share, inclusive. The
• $165.9992 — tions at prices ranging from $165.00 to $165.9992 per share, inclusive. The Reporting Per

Filing Documents

• ownership.html (4)
• ownership.xml (4) — 59KB
• 0001193125-26-122423.txt ( ) — 63KB

From the Filing

SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5    Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).    Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * SLTA V (GP), L.L.C. (Last) (First) (Middle) C/O SILVER LAKE 2775 SAND HILL ROAD, SUITE 100 (Street) MENLO PARK CALIFORNIA 94025 (City) (State) (Zip) UNITED STATES (Country) 2. Issuer Name and Ticker or Trading Symbol Dell Technologies Inc. [ DELL ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director X 10% Owner Officer (give title below) Other (specify below) 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/20/2026 6. Individual or Joint/Group Filing (Check Applicable Line) Form filed by One Reporting Person X Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Class C Common Stock 03/20/2026 M (1) (2) 236,928 A (1) (2) 236,928 I Held through SL SPV-2, L.P. (3) (9) Class C Common Stock 03/20/2026 M (1) (2) 243,218 A (1) (2) 243,218 I Held through Silver Lake Partners IV, L.P. (4) (9) Class C Common Stock 03/20/2026 M (1) (2) 131,654 A (1) (2) 131,654 I Held through Silver Lake Partners V DE (AIV), L.P. (5) (9) Class C Common Stock 03/20/2026 M (1) (2) 3,579 A (1) (2) 3,579 I Held through Silver Lake Technology Investors IV, L.P. (6) (9) Class C Common Stock 03/20/2026 M (1) (2) 1,614 A (1) (2) 1,614 I Held through Silver Lake Technology Investors V, L.P. (7) (9) Class C Common Stock 03/20/2026 S 39,455 D $ 163.51 (14) 197,473 I Held through SL SPV-2, L.P. (3) (9) Class C Common Stock 03/20/2026 S 45,751 D $ 163.51 (14) 197,467 I Held through Silver Lake Partners IV, L.P. (4) (9) Class C Common Stock 03/20/2026 S 23,415 D $ 163.51 (14) 108,239 I Held through Silver Lake Partners V DE (AIV), L.P. (5) (9) Class C Common Stock 03/20/2026 S 874 D $ 163.51 (14) 2,705 I Held through Silver Lake Technology Investors IV, L.P. (6) (9) Class C Common Stock 03/20/2026 S 394 D $ 163.51 (14) 1,220 I Held through Silver Lake Technology Investors V, L.P. (7) (9) Class C Common Stock 03/20/2026 S 27,576 D $ 164.6 (15) 169,897 I Held through SL SPV-2, L.P. (3) (9) Class C Common Stock 03/20/2026 S 31,976 D $ 164.6 (15) 165,491 I Held through Silver Lake Partners IV, L.P. (4) (9) Class C Common Stock 03/20/2026 S 16,365 D $ 164.6 (15) 91,875 I Held through Silver Lake Partners V DE (AIV), L.P. (5) (9) Class C Common Stock 03/20/2026 S 611 D $ 164.6 (15) 2,094 I Held through Silver Lake Technology Investors IV, L.P. (6) (9) Class C Common Stock 03/20/2026 S 275 D $ 164.6 (15) 944 I Held through Silver Lake Technology Investors V, L.P. (7) (9) Class C Common Stock 03/20/2026 S 40,675 D $ 165.49 (16) 129,222 I Held through SL SPV-2, L.P. (3) (9) Class C Common Stock 03/20/2026 S 47,166 D $ 165.49 (16) 118,326 I Held through Silver Lake Partners IV, L.P. (4) (9) Class C Common Stock 03/20/2026 S 24,139 D $ 165.49 (16) 67,736 I Held through Silver Lake Partners V DE (AIV), L.P. (5) (9) Class C Common Stock 03/20/2026 S 901 D $ 165.49 (16) 1,193 I Held through Silver Lake Technology Investors IV, L.P. (6) (9) Class C Common Stock 03/20/2026 S 406 D $ 165.49 (16) 538 I Held through Silver Lake Technology Investors V, L.P. (7) (9) Class C Common Stock 794 I Held through Silver Lake Group (8) (9) Class C Common Stock 692 I See footnote (10) Class C Common Stock 56,206 I See footnote (11) Class C Common Stock 1,252,345 D (12) Class C Common Stock 51,899 I See footnote (13) Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. T

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View this 4 filing on SEC EDGAR