Dell Technologies Inc. 8-K

Governance change

Bylaw amendment adopts Texas Section 21.373, tightening ownership, holding-period and solicitation rules for shareholder proposals

Filed 2026-07-06 16:22 ET

Summary

Bylaw amendment restricting shareholder proposal eligibility. Effective 7/2/2026, Dell opted into Section 21.373 of the Texas Business Organizations Code, imposing ownership and solicitation requirements on shareholders submitting proposals for approval at company meetings, including Rule 14a-8 proposals. Statutory exceptions apply.

Key Figures

  • Eligibility: the submitting shareholder or group must hold voting shares worth at least $1.0M or at least 3% of outstanding voting shares when the proposal is submitted; hold the shares continuously for at least six months before the meeting and through its duration; and solicit holders representing at least 67% of the voting power entitled to vote on the proposal.

Investor Takeaways

  • Future shareholder proposals will need to meet the new eligibility and solicitation requirements.

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