This cluster is immaterial — Silver Lake insiders exercised options and sold a trivial fraction to cover taxes, standard practice. The credit agreement filed June 10 is a routine corporate refinancing, not an event likely to move DELL shares. No trade recommendation warranted.
Price Chart
Executive Summary
Silver Lake affiliates (directors and 10% owners) filed a cluster of open-market sales totaling ~$1.29M alongside non-cash derivative exercises. The aggregate sale value is negligible (~0.0005% of Dell's $256B market cap) and occurs within days of Dell entering a major new credit agreement, but the dollar amount is trivial relative to the company's size. These are routine tax-motivated sales following derivative exercises — not informed selling.
Key Financial Metrics
Key Facts
- 20 total filings in the cluster window; 10 were exercises of derivatives ($0 proceeds) and 10 were open-market sales totaling ~$1.29M
- All reporting persons are Silver Lake investment vehicles — directors and 10% owners, not C-suite executives
- The ~$1.29M in open-market sales represents roughly 0.0005% of Dell's $256.4B market cap — far below any materiality threshold
- Sales at $370-391 occurred just after Dell filed a multi-bank credit agreement on June 10, 2026
- The cluster is exclusively Silver Lake entities exercising derivatives and selling a tiny fraction of the exercised shares — classic tax-covering pattern
- No C-suite (CEO, CFO, COO, etc.) participated in any sale or purchase
Financial Impact
~$1.29M in total open-market sales, representing ~0.0005% of market cap — immaterial
Risk Factors
- None from this filing — the cluster is economically negligible
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-DELL-1781560888705 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 15, 2026 16d ago | 144 | $563.29 $549.83 | ▲ +2.39% | ▲ +4.95% | $567.21 (−0.70%) |
Sep 15, 2026 16d ago | Insider Cluster | $563.29 $549.83 | ▼ −2.39% | ▼ −4.95% | $567.21 (+0.70%) |
Sep 15, 2026 16d ago | Insider Cluster | $563.29 $549.83 | ▲ +2.39% | ▲ +4.95% | $567.21 (−0.70%) |
Sep 14, 2026 17d ago | 144 | $543.51 $548.92 | ▼ −1.00% | ▲ +1.13% | $567.21 (−4.36%) |
Sep 11, 2026 20d ago | 144 | $534.28 $575.31 | ▼ −7.68% | ▼ −7.57% | $567.21 (−6.16%) |
Sep 11, 2026 20d ago | Insider Cluster | $534.28 $575.31 | ▲ +7.68% | ▲ +7.57% | $567.21 (+6.16%) |
Sep 11, 2026 20d ago | Insider Cluster | $534.28 $575.31 | ▲ +7.68% | ▲ +7.57% | $567.21 (+6.16%) |
Sep 10, 2026 21d ago | Insider Cluster | $567.29 $568.06 | ▼ −0.14% | ▼ −0.36% | $567.21 (+0.01%) |
Sep 10, 2026 21d ago | Insider Cluster | $567.29 $568.06 | ▲ +0.14% | ▲ +0.36% | $567.21 (−0.01%) |
Sep 10, 2026 22d ago | Insider Cluster | $506.62 $588.40 | ▲ +16.14% | ▲ +16.64% | $567.21 (+11.96%) |
US Market Status
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