Dell issues 3.4M Class C shares on Silver Lake Class B conversions

Dell Technologies Inc.

Silver Lake entities converted 3,438,364 Class B shares into Class C shares over June 1-12, 2026.
Post-conversion: 325,046,693 Class C and 44,351,394 Class B shares outstanding.
Conversion was one-to-one, no commission paid, exempt under Section 3(a)(9).
Class B shares retain equal dividend and liquidation rights as Class C.

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