Oct 21, 4:37 PM ET
Dell Technologies said its general counsel and secretary, Richard Rothberg, will retire effective February 1, 2027. The board appointed Christopher Garcia, the company's current senior vice president of corporate legal, to succeed him as chief legal officer on the same date. The filing describes a planned internal succession, with Rothberg staying on to provide transitional help through April 30, 2027.
- Richard Rothberg notified the company on October 19, 2026, of his decision to retire, effective February 1, 2027.
- The board appointed Christopher Garcia on October 20, 2026, as chief legal officer and general counsel, effective February 1, 2027.
- Garcia has been senior vice president, corporate legal, and assistant secretary since 2022, and joined the company in 2006.
- Rothberg will remain employed to provide transitional assistance through April 30, 2027.
Read the filing on SEC.gov ↗
Sep 15, 4:26 PM ET
Dell subsidiaries Dell International L.L.C. and EMC Corporation completed a public offering of $5.0 billion in senior notes in four tranches, maturing from 2029 to 2037. The notes are unsecured and guaranteed by Dell Technologies Inc. and two of its wholly-owned subsidiaries, so the parent company's guarantee adds new direct obligations for shareholders to track.
- Four tranches: $1.25 billion at 5.100% due 2029, $1.25 billion at 5.400% due 2031, $1.5 billion at 5.600% due 2033, and $1.0 billion at 5.900% due 2037.
- Interest accrues from September 15, 2026, paid semi-annually, with the first payments due March 15, 2027 (2029, 2031, 2033 notes) and April 1, 2027 (2037 notes).
- Notes are sold under a shelf registration statement on Form S-3ASR and governed by a base indenture dated January 24, 2023, with The Bank of New York Mellon Trust Company, N.A. as trustee.
- Holders may require repurchase at 101% of principal upon a change of control triggering event.
Read the filing on SEC.gov ↗
Sep 10, 4:39 PM ET
Dell Technologies and its subsidiaries agreed on September 9, 2026 to sell $5.0 billion of senior notes in four tranches to a group of underwriters. The company says the net proceeds will mainly repay its outstanding 4.900% First Lien Notes due 2026, with any remaining funds used for general corporate purposes, including other debt repayment.
- Four tranches total $5.0 billion: $1.25 billion due 2029 at 5.100%, $1.25 billion due 2031 at 5.400%, $1.5 billion due 2033 at 5.600%, and $1.0 billion due 2037 at 5.900%
- Public offering prices range from 99.475% to 99.953% of principal amount
- Proceeds are expected to repay the 4.900% First Lien Notes due 2026 first, with closing expected on September 15, 2026
- Notes are guaranteed on an unsecured basis by Dell Technologies, Denali Intermediate Inc. and Dell Inc.
Read the filing on SEC.gov ↗
Sep 1, 4:10 PM ET
Dell reported fiscal second-quarter 2027 results for the quarter ended July 31, 2026, with net revenue of $46,971 million, up 58% year over year, and diluted EPS of $6.34, up 273%. Dell raised its full-year FY27 revenue guidance to $192.0 billion from $167.0 billion and its GAAP diluted EPS guidance to $24.37 from $17.31, while cash flow from operations fell 13% in the quarter to $2.2 billion.
- Q2 net revenue of $47.0 billion, up 58% year over year; GAAP diluted EPS of $6.34, up 273%
- Full-year FY27 revenue guidance raised to $192.0 billion from $167.0 billion; GAAP diluted EPS guidance $24.37, up from $17.31
- Q3 FY27 guidance: revenue of $49.0 billion and GAAP diluted EPS of $6.10
- Record $4.3 billion returned to shareholders in Q2; quarterly dividend of $0.63 per share payable Oct. 30 to holders of record as of Oct. 20
Read the filing on SEC.gov ↗
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.