Michael & Susan Dell Foundation Files to Sell $1.25B of Dell Stock
DELL has more than doubled off its 52-week low of $110.22.
Summary
The Michael & Susan Dell Foundation filed a Form 144 to sell 2.46 million Dell Class C shares worth approximately $1.25 billion, adding to a wave of insider selling at the company.
Key Events · Ownership and Investor Activity · DELL
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$1.25B Foundation Sale Filed
Michael & Susan Dell Foundation filed Form 144 to sell 2,459,804 Class C shares worth approximately $1.248 billion, with sale date 09/03/2026.
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Shares Acquired as Gifts from Michael Dell
The shares were acquired as gifts from Michael S Dell on 12/09/2024 (159,804 shares), 10/01/2025 (1,150,000 shares), and 10/02/2025 (1,150,000 shares).
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Adds to Heavy Insider Selling
This filing follows over $805 million in open-market insider selling at Dell in the past 90 days, including multiple large sales by Silver Lake.
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Stock Near 52-Week High
Dell stock is trading at $519.695, near its 52-week high of $522.96, potentially explaining the timing of this large planned sale.
Analysis · DELL · Technology
A significant insider-related sale intent has emerged, though it originates from a charitable foundation rather than a direct personal sale by Michael Dell. The Michael & Susan Dell Foundation, a private foundation controlled by Michael Dell, has filed to sell 2,459,804 Class C shares worth approximately $1.25 billion. The shares were acquired as gifts from Michael Dell in late 2024 and 2025. This filing follows a pattern of heavy insider selling at Dell over the past 90 days, with Silver Lake and other insiders selling over $800 million in stock. The stock is trading near its 52-week high of $522.96, which may explain the timing of this large planned sale.
How filings like this one have moved
In the 30 days to Sep 10, 2026, 35.7% of the 1872 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.01%. 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 $519.70 on NYSE in the Technology sector, with a market capitalization of approximately $336.9B. The 52-week trading range was $110.22 to $522.96. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.