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Silver Lake funds trim Dell (DELL) stake after converting 616,993 Class B shares
Silver Lake-affiliated funds converted 616,993 shares of Dell (DELL) Class B stock into Class C shares and subsequently sold 299,979 Class C shares on the open market. The sales occurred across multiple transactions at weighted average prices of approximately $163.51, $164.60, and $165.49 per share. Egon Durban, a Dell director and senior Silver Lake executive, is noted to have an indirect pecuniary interest in some of these holdings and a direct holding of 1,252,345 Class C shares.