SLTA V (GP), L.L.C. 4
4 · Dell Technologies Inc. · Filed Mar 25, 2026
Research Summary
AI-generated summary of this filing
Dell (DELL) SLTA V (GP) Disposes 337,576 Shares
What Happened
- SLTA V (GP), L.L.C., a 10% owner affiliated with Silver Lake, reported three "other acquisition or disposition (J)" entries on March 25, 2026, totaling 337,576 Class C common shares disposed (152,324 + 112,991 + 72,261). No per‑share price or cash proceeds are reported (N/A), and these entries reflect related-party in‑kind distributions rather than open‑market sales.
Key Details
- Transaction date: March 25, 2026.
- Shares disposed (total): 337,576 Class C common shares (152,324; 112,991; 72,261).
- Price / proceeds: Not disclosed (N/A) — these were in‑kind distributions/transfers, not market sales.
- Relevant footnotes: F1 indicates pro rata in‑kind distributions by Silver Lake entities on March 25, 2026; receipt of distributed shares was exempt from reporting under Rule 16a‑13. F4/F6 link SLTA V to the Silver Lake group; F8 notes related pro rata allocations to certain employees/ managing members.
- Filing timeliness: Form 4 filed with a report date of March 25, 2026 (same day as the transactions reported) — no late filing flag indicated.
- Ownership after transaction: The Form 4 does not show a cash sale; holdings and pecuniary interests are detailed in the filing footnotes and accompanying filings for related entities. The reporting persons disclaim beneficial ownership except to the extent of any pecuniary interest.
Context
- These entries reflect internal reallocations and in‑kind distributions among Silver Lake‑affiliated entities and individuals (including disclosures tied to Egon Durban in the filing’s footnotes), not routine insider open‑market trading. For retail investors, such related‑party transfers are generally administrative and not a direct signal of management sentiment about Dell’s public market valuation.
Insider Transaction Report
Form 4
SLTA V (GP), L.L.C.
Director10% Owner
Transactions
- Other
Class C Common Stock
[F1][F2][F6]2026-03-25−152,324→ 0 total(indirect: Held through SL SPV-2, L.P.) - Other
Class C Common Stock
[F1][F3][F6]2026-03-25−112,991→ 0 total(indirect: Held through Silver Lake Partners IV, L.P.) - Other
Class C Common Stock
[F1][F4][F6]2026-03-25−72,261→ 0 total(indirect: Held through Silver Lake Partners V DE (AIV), L.P.)
Holdings
- 2,928(indirect: Held through Silver Lake Group, L.L.C.)
Class C Common Stock
[F5][F6] - 2,560(indirect: See footnote)
Class C Common Stock
[F7] - 94,529(indirect: See footnote)
Class C Common Stock
[F8] - 1,284,190
Class C Common Stock
[F9] - 52,865(indirect: See footnote)
Class C Common Stock
[F10]
Footnotes (10)
- [F1]SL SPV-2, L.P. ("SPV-2"), Silver Lake Partners IV, L.P. ("SLP IV"), Silver Lake Partners V DE (AIV), L.P. ("SLP V") and certain of their respective affiliates initiated in-kind distributions of shares of Class C Common Stock, par value $0.01 per share ("Class C Common Stock") of Dell Technologies Inc. (the "Issuer") on March 25, 2026. The receipt of shares of Class C Common Stock by each of the Reporting Persons in connection with such distributions was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
- [F10]Represents shares of Class C Common Stock beneficially owned indirectly by Mr. Durban through a trust for the benefit of certain family members, including shares of Class C Common Stock received in connection with the pro rata distributions described herein on March 25, 2026. The receipt of such shares of Class C Common Stock was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
- [F2]These securities are directly held by SPV-2. The general partner of SPV-2 is SLTA SPV-2, L.P. ("SLTA SPV") and the general partner of SLTA SPV is SLTA SPV-2 (GP), L.L.C. ("SLTA SPV GP").
- [F3]These securities are directly held by SLP IV. The general partner of SLP IV is Silver Lake Technology Associates IV, L.P. ("SLTA IV") and the general partner of SLTA IV is SLTA IV (GP), L.L.C. ("SLTA IV GP").
- [F4]These securities are directly held by SLP V. The general partner of SLP V is Silver Lake Technology Associates V, L.P. ("SLTA V") and the general partner of SLTA V is SLTA V (GP), L.L.C. ("SLTA V GP").
- [F5]Reflects shares held directly by Silver Lake Group, L.L.C. ("SLG"), including shares of Class C Common Stock received in connection with the pro rata distributions described herein on March 25, 2026. The receipt of such shares of Class C Common Stock was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
- [F6]SLG is the managing member of SLTA SPV GP, SLTA IV GP and SLTA V GP. Egon Durban, who serves as a director of the Issuer, also serves as a Co-CEO and Managing Member of SLG. Each of the Reporting Persons may be deemed a director by deputization of the Issuer.
- [F7]These shares of Class C Common Stock are held by entities in which Mr. Durban may be deemed to have an indirect pecuniary interest, including shares of Class C Common Stock received in connection with the pro rata distributions described herein on March 25, 2026. The receipt of such shares of Class C Common Stock was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
- [F8]In connection with the distributions described in footnote (1) above, pro rata distributions of certain shares were initiated to certain employees and managing members of SLG or its affiliates, including Mr. Durban. This amount reflects 17,906, 10,718 and 65,905 shares held by SLTA SPV, SLTA V and SLG, respectively, on behalf of such individuals, including shares distributed in the March 25, 2026 distributions. The receipt of such shares of Class C Common Stock was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.
- [F9]Represents shares of Class C Common Stock held by Mr. Durban immediately following the receipt of shares in connection with the distributions of shares of Class C Common Stock on March 25, 2026. The receipt of such shares of Class C Common Stock was exempt from reporting pursuant to Rule 16a-13 of the Exchange Act.