Summary by Futu AI
The Michael & Susan Dell Foundation, associated with Dell Technologies Inc. as an officer, is set to sell 3,549,014 Class C shares of the company. The sale, with an aggregate market value of approximately $381.59 million, is scheduled for 03/21/2024. These shares were acquired as gifts from Michael S. Dell to the private foundation across various dates in December 2023. The foundation's acquisition of these shares was part of a series of transactions where a total of 3,149,014 shares were received as gifts. Over the past three months, the foundation has sold a total of 10,500,000 shares, generating gross proceeds of over $1.06 billion.