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Dell Technologies | SC 13G/A: Statement of acquisition of beneficial ownership by individuals (Amendment)-Michael S. Dell(47.7%)

SEC ·  05:46

Summary by Futu AI

Michael S. Dell, the founder and CEO of Dell Technologies, has filed an Amendment No. 5 to Schedule 13G with the Securities and Exchange Commission on November 12, 2024, indicating a significant ownership stake in the company. The filing reveals that Michael S. Dell beneficially owns 288,746,322 shares of Dell Technologies' Class C Common Stock, which represents 47.7% of the class. This ownership percentage is based on the assumption that all shares of Class A Common Stock, which are convertible into Class C Common Stock on a one-to-one basis, have been converted. The total number of Class C Common Stock shares issued and outstanding as of September 18, 2024, is 333,874,468. The filing was made under Rule 13d-1(d) of the Securities Exchange Act of 1934, and it specifies that Michael S. Dell has sole voting and dispositive power over the shares owned.
Michael S. Dell, the founder and CEO of Dell Technologies, has filed an Amendment No. 5 to Schedule 13G with the Securities and Exchange Commission on November 12, 2024, indicating a significant ownership stake in the company. The filing reveals that Michael S. Dell beneficially owns 288,746,322 shares of Dell Technologies' Class C Common Stock, which represents 47.7% of the class. This ownership percentage is based on the assumption that all shares of Class A Common Stock, which are convertible into Class C Common Stock on a one-to-one basis, have been converted. The total number of Class C Common Stock shares issued and outstanding as of September 18, 2024, is 333,874,468. The filing was made under Rule 13d-1(d) of the Securities Exchange Act of 1934, and it specifies that Michael S. Dell has sole voting and dispositive power over the shares owned.

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