Summary by Futu AI
Silver Lake Technology Investors IV, L.P., associated with Dell Technologies Inc., is set to sell 7,126 shares of Dell's Class C Common Stock on 06/20/2024. The shares to be sold were acquired on the same date through the conversion of Class B Common Stock, originally obtained in 2016. The transaction is part of a series of sales by Silver Lake, which in the past three months has sold a total of 4,446,464 shares of Dell's Class C Common Stock, generating gross proceeds of approximately $549.7 million. The upcoming sale reflects ongoing portfolio adjustments by Silver Lake, with the market value of the shares to be sold next being approximately $1.06 million.