Silver Lake Partners V DE Updates Dell Technologies Ownership

TL;DR

**Silver Lake just updated its Dell ownership, watch for transaction details.**

AI Summary

This Form 4 filing, submitted on March 24, 2026, by Silver Lake Partners V DE (AIV), L.P., along with related entities like Silver Lake Technology Investors V, L.P., indicates a change in beneficial ownership of securities in Dell Technologies Inc. (Issuer CIK: 0001571996). While the filing itself doesn't detail specific transactions (like buys or sells) or dollar amounts, it signals that a major institutional investor, Silver Lake, is updating its reported holdings. This matters to investors because Silver Lake is a prominent private equity firm, and changes in their stake in Dell could signal their evolving confidence in the company's future performance, potentially influencing other investors' perceptions of Dell stock.

Why It Matters

This filing indicates that a significant institutional investor, Silver Lake, is updating its reported stake in Dell Technologies, which can be a signal to the market about their ongoing investment strategy and outlook for Dell.

Risk Assessment

Risk Level: low — This filing is purely administrative, reporting a change in beneficial ownership without detailing specific transactions, thus posing minimal direct risk.

Analyst Insight

An investor should monitor subsequent filings from Silver Lake regarding Dell Technologies for specific transaction details (buys/sells) to understand the nature and magnitude of their ownership changes, as this filing only indicates an update without transaction specifics.

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
• Silver Lake Technology Investors V, L.P. (company) — Related reporting owner
• SLTA V (GP), L.L.C. (company) — Related reporting owner
• Silver Lake Technology Associates V, L.P. (company) — Related reporting owner

Forward-Looking Statements

• Further Form 4 filings from Silver Lake regarding Dell Technologies will detail specific transaction types and amounts. (Silver Lake Partners V DE (AIV), L.P.) — medium confidence, target: 2026-04-24

FAQ

Key Financial Figures

• $0.01 — ares of Class C Common Stock, par value $0.01 per share ("Class C Common Stock") of D
• $160.00 — ple transactions at prices ranging from $160.00 to $160.9963 per share, inclusive. The
• $160.9963 — tions at prices ranging from $160.00 to $160.9963 per share, inclusive. The Reporting Per
• $161.00 — ple transactions at prices ranging from $161.00 to $161.9900 per share, inclusive. The
• $161.9900 — tions at prices ranging from $161.00 to $161.9900 per share, inclusive. The Reporting Per
• $162.00 — ple transactions at prices ranging from $162.00 to $162.9900 per share, inclusive. The
• $162.9900 — tions at prices ranging from $162.00 to $162.9900 per share, inclusive. The Reporting Per
• $163.00 — ple transactions at prices ranging from $163.00 to $163.9931 per share, inclusive. The
• $163.9931 — tions at prices ranging from $163.00 to $163.9931 per share, inclusive. The Reporting Per
• $164.0043 — ple transactions at prices ranging from $164.0043 to $164.6857 per share, inclusive. The
• $164.6857 — ons at prices ranging from $164.0043 to $164.6857 per share, inclusive. The Reporting Per

Filing Documents

• ownership.html (4)
• ownership.xml (4) — 58KB
• 0001193125-26-122434.txt ( ) — 62KB

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) 03/23/2026 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 03/23/2026 S (1) (2) 31,377 D $ 160.6 (14) 286,127 I Held through SL SPV-2, L.P. (3) (9) Class C Common Stock 03/23/2026 S (1) (2) 36,367 D $ 160.6 (14) 268,075 I Held through Silver Lake Partners IV, L.P. (4) (9) Class C Common Stock 03/23/2026 S (1) (2) 18,627 D $ 160.6 (14) 151,697 I Held through Silver Lake Partners V DE (AIV), L.P. (5) (9) Class C Common Stock 03/23/2026 S (1) (2) 695 D $ 160.6 (14) 2,962 I Held through Silver Lake Technology Investors IV, L.P. (6) (9) Class C Common Stock 03/23/2026 S (1) (2) 313 D $ 160.6 (14) 1,336 I Held through Silver Lake Technology Investors V, L.P. (7) (9) Class C Common Stock 03/23/2026 S (1) (2) 5,936 D $ 161.37 (15) 280,191 I Held through SL SPV-2, L.P. (3) (9) Class C Common Stock 03/23/2026 S (1) (2) 6,881 D $ 161.37 (15) 261,194 I Held through Silver Lake Partners IV, L.P. (4) (9) Class C Common Stock 03/23/2026 S (1) (2) 3,524 D $ 161.37 (15) 148,172 I Held through Silver Lake Partners V DE (AIV), L.P. (5) (9) Class C Common Stock 03/23/2026 S (1) (2) 131 D $ 161.37 (15) 2,831 I Held through Silver Lake Technology Investors IV, L.P. (6) (9) Class C Common Stock 03/23/2026 S (1) (2) 59 D $ 161.37 (15) 1,277 I Held through Silver Lake Technology Investors V, L.P. (7) (9) Class C Common Stock 03/23/2026 S (1) (2) 108,798 D $ 162.61 (16) 171,393 I Held through SL SPV-2, L.P. (3) (9) Class C Common Stock 03/23/2026 S (1) (2) 126,102 D $ 162.61 (16) 135,092 I Held through Silver Lake Partners IV, L.P. (4) (9) Class C Common Stock 03/23/2026 S (1) (2) 64,591 D $ 162.61 (16) 83,582 I Held through Silver Lake Partners V DE (AIV), L.P. (5) (9) Class C Common Stock 03/23/2026 S (1) (2) 2,409 D $ 162.61 (16) 422 I Held through Silver Lake Technology Investors IV, L.P. (6) (9) Class C Common Stock 03/23/2026 S (1) (2) 1,086 D $ 162.61 (16) 190 I Held through Silver Lake Technology Investors V, L.P. (7) (9) Class C Common Stock 03/23/2026 S (1) (2) 17,888 D $ 163.14 (17) 153,504 I Held through SL SPV-2, L.P. (3) (9) Class C Common Stock 03/23/2026 S (1) (2) 20,733 D $ 163.14 (17) 114,359 I Held through Silver Lake Partners IV, L.P. (4) (9) Class C Common Stock 03/23/2026 S (1) (2) 10,620 D $ 163.14 (17) 72,962 I Held through Silver Lake Partners V DE (AIV), L.P. (5) (9) Class C Common Stock 03/23/2026 S (1) (2) 396 D $ 163.14 (17) 26 I Held through Silver Lake Technology Investors IV, L.P. (6) (9) Class C Common Stock 03/23/2026 S (1) (2) 179 D $ 163.14 (17) 12 I Held through Silver Lake Technology Investors V, L.P. (7) (9) Class C Common Stock 03/23/2026 S (1) (2) 1,180 D $ 164.18 (18) 152,324 I Held through SL SPV-2, L.P. (3) (9) Class C Common Stock 03/23/2026 S (1) (2) 1,368 D $ 164.18 (18) 112,991 I Held through Silver Lake Partners IV, L.P. (4) (9) Class C Common Stock 03/23/2026 S (1) (2) 701 D $ 164.18 (18) 72,261 I Held through Silver Lake Partners V DE (AIV), L.P. (5) (9) Class C Common Stock 03/23/2026 S (1) (2) 26 D $ 164.18 (18) 0 I Held through

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