TECH - Dell Technologies CEO Cashes In: Michael Dell To Sell 10M Shares Amid AI Boom | Benzinga
Michael Dell, CEO of Dell Technologies Inc. (NYSE:DELL), is set to sell 10 million shares valued at approximately $1.3 billion, as revealed in a recent regulatory filing dated June 6.
This year could mark a record in Michael Dell’s selling history, surpassing the total from 1999 during the peak of the internet bubble.
This follows an earlier transaction where the billionaire and the Michael & Susan Dell Foundation sold shares worth $1.6 billion, positioning 2024 as potentially his most significant year of stock liquidation, according to a report from Bloomberg.
The year 1999 ...