Summary
This 8-K/A filing from Dell Technologies Inc. provides an update regarding an equity award granted to Richard Troy Sharp following his appointment as Senior Vice President, Corporate Finance and Chief Accounting Officer, effective August 8, 2025. The filing clarifies the terms of this award, which was approved by the Compensation Committee and granted on October 15, 2025. This information is primarily administrative, detailing executive compensation arrangements rather than significant operational or financial performance changes.
Key Highlights
- 1Richard Troy Sharp appointed Senior Vice President, Corporate Finance and Chief Accounting Officer, effective August 8, 2025.
- 2Mr. Sharp received an equity award of 1,796 time-based restricted stock units (RSUs).
- 3The RSUs are settled in Dell Technologies' Class C common stock.
- 4The award is granted under the Company's 2023 Stock Incentive Plan.
- 5Vesting of the RSUs occurs in three equal annual installments, commencing on the first anniversary of the October 15, 2025 grant date.
- 6This filing is an amendment to a previous 8-K filed on August 12, 2025, providing further details on the compensation related to Mr. Sharp's appointment.
Frequently Asked Questions
The primary purpose of this 8-K/A filing is to provide additional details regarding the equity award granted to Richard Troy Sharp, who was recently appointed as Senior Vice President, Corporate Finance and Chief Accounting Officer. It clarifies the type of award, the number of units, the stock class for settlement, the plan under which it was issued, and the vesting schedule.
Mr. Sharp was granted 1,796 time-based restricted stock units (RSUs). The filing does not specify the monetary value of these RSUs at the time of grant; this would typically be determined by the stock price on the grant date (October 15, 2025) and the number of shares each RSU represents for Class C common stock.
The RSUs will vest in three equal annual installments. The vesting period begins on the first anniversary of the grant date, which is October 15, 2025. Therefore, vesting will occur on October 15, 2026, October 15, 2027, and October 15, 2028.
No, this 8-K/A filing is administrative in nature and focuses on executive compensation details. It does not provide information related to Dell Technologies' financial performance, operational results, or strategic changes.