Summary by Moomoo AI
Silver Lake Technology Investors V, L.P., a significant entity related to Dell Technologies Inc., has announced its intention to sell 1,389 shares of Dell's Class C Common Stock. The sale is expected to take place on April 4, 2024, with an aggregate market value of approximately $178,597.62. These shares were acquired on the same date through the conversion of Class B Common Stock, originally obtained in 2019 from the issuer. This transaction follows a series of sales over the past three months, where Silver Lake Technology Investors V, L.P. sold over 10 million shares of Dell's Class C Common Stock, amounting to gross proceeds of nearly $1.1 billion.