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Dell Technologies | 144: Notice of proposed sale of securities pursuant to Rule 144

SEC announcement ·  Mar 21 19:47
Summary by Moomoo AI
Silver Lake Technology Investors V, L.P., a significant stakeholder in Dell Technologies Inc., is set to sell 3,552 shares of Class C Common Stock on March 21, 2024. The shares to be sold were acquired on the same date upon conversion from Class B Common Stock, originally obtained in 2019 directly from the issuer. This transaction follows a series of sales by Silver Lake over the past three months, where a total of 9,616,046 shares were sold for gross proceeds of approximately $986.58 million. The upcoming sale and the recent transaction history reflect Silver Lake's ongoing adjustments to its investment in Dell Technologies.
Silver Lake Technology Investors V, L.P., a significant stakeholder in Dell Technologies Inc., is set to sell 3,552 shares of Class C Common Stock on March 21, 2024. The shares to be sold were acquired on the same date upon conversion from Class B Common Stock, originally obtained in 2019 directly from the issuer. This transaction follows a series of sales by Silver Lake over the past three months, where a total of 9,616,046 shares were sold for gross proceeds of approximately $986.58 million. The upcoming sale and the recent transaction history reflect Silver Lake's ongoing adjustments to its investment in Dell Technologies.
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