Summary by Futu AI
Silver Lake Partners IV, L.P., associated with Dell Technologies Inc., is set to sell 161,980 shares of Dell's Class C Common Stock on April 4, 2024. The shares, valued at approximately $20,827,388, were acquired on the same date through the conversion of Class B Common Stock, originally obtained in 2016. This transaction follows a series of sales by Silver Lake Partners IV over the past three months, which cumulatively involved over 10 million shares and gross proceeds exceeding $1 billion.