Summary by Futu AI
Silver Lake Technology Investors IV, L.P., a significant stakeholder in Dell Technologies Inc., is set to sell 27,127 shares of Class C Common Stock on 06/18/2024. The shares to be sold have an aggregate market value of approximately $3,661,602.46. These shares were recently acquired through the conversion of Class B Common Stock, which Silver Lake had originally obtained in 2016. The conversions took place on 06/04/2024 and 06/18/2024, resulting in 18,734 and 8,393 new Class C shares, respectively. This upcoming sale follows a pattern of substantial trading activity by Silver Lake over the past three months, with total gross proceeds from sales of securities amounting to nearly $449.16 million.