Dell Director Sells $21.8M in Shares Following Option Exercise
DELL has more than doubled off its 52-week low of $66.245.
Summary
Dell Technologies Director Ellen Jamison Kullman sold over $21.8 million worth of Class C Common Stock on March 6, 2026, following the exercise of options.
Key Events · Ownership and Investor Activity · DELL
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Director Sells Shares
Ellen Jamison Kullman, a Director at Dell Technologies, disposed of 150,346 shares of Class C Common Stock through open market sales on March 6, 2026.
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Significant Proceeds
The total value of shares sold amounted to approximately $21,820,313, with prices ranging from $144.51 to $145.92 per share.
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Option Exercise Preceded Sale
The sales followed the exercise of options to acquire 150,346 shares at prices ranging from $13.60 to $13.98, totaling approximately $2,048,050.
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Net Disposition
After accounting for the option exercise, the net disposition of shares by the director was substantial, contributing to a broader trend of insider distribution over the past 90 days.
Analysis · DELL · Technology
This Form 4 filing indicates a significant disposition of Dell Technologies shares by Director Ellen Jamison Kullman. The transactions involved exercising options to acquire shares and then immediately selling them on the open market. While option exercises are often part of compensation plans, the subsequent sale of over $21.8 million worth of stock represents a substantial cash-out by a board member. This follows a period of overall insider distribution noted in recent filings, with net insider sales of over $234 million in the last 90 days. Investors may view this as a director monetizing equity, which could be interpreted as a lack of conviction or simply portfolio rebalancing, but the magnitude of the sale is notable.
How filings like this one have moved
In the 30 days to Sep 11, 2026, 30.5% of the 1993 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.21%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, DELL was trading at $144.50 on NYSE in the Technology sector, with a market capitalization of approximately $95.3B. The 52-week trading range was $66.25 to $168.08. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.