Form 4 | Dell Technologies director and 10% owner SL SPV-2, L.P. net sold ~79,000 shares of Class C common stock
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According to the latest Form 4, SL SPV-2, L.P., a director and 10% owner of Dell Technologies Inc., executed multiple transactions in Class C common stock on September 3, 2026. SL SPV-2, L.P. first converted 224,716 shares of Class B common stock into an equal number of Class C shares (transaction code M, reported as an acquisition of Class C). On the same date, it conducted a series of open-market sales (transaction code S), cumulatively disposing of approximately 79,000 Class C shares at weighted-average prices ranging from about $496.23 to $513.55 per share. Following these transactions, SL SPV-2, L.P. directly holds 156,191 shares of Class C common stock through this vehicle. As the reporting person is both a significant (10%+) shareholder and a director, this sizable secondary sale suggests partial profit-taking and can represent a modestly bearish signal, although the impact may be mitigated by prior market expectations and the staged execution across price ranges.