The latest Form 4 filing shows that Dell Technologies Inc. major shareholder and director, Silver Lake Partners V DE (AIV), L.P. and its affiliates, executed several equity transactions on September 4, 2026. First, 41,162 shares of Class B Common Stock were converted into an equal number of Class C Common Stock, with no cash consideration and no expiration associated with the conversion right. Subsequently, through its holding vehicle, Silver Lake sold an aggregate of approximately 24,336 Class C shares in multiple transactions at prices ranging roughly from $515.5 to $529.2 per share. After these trades, Silver Lake-affiliated entities continue to hold substantial positions in both Class B and Class C shares, maintaining their status as key shareholders. Such high‑price, partial disposals by a major holder often signal profit‑taking and may exert mild short‑term selling pressure, though overall governance influence remains largely intact.