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HPE director plans sale of 17,000 shares via JPM

A Hewlett Packard Enterprise director has filed a Rule 144 notice to sell 17,000 common shares previously received as board compensation through a broker on the NYSE.

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(Neutral)
Form Type
144

Rhea-AI Filing Summary

Hewlett Packard Enterprise Company (HPE) is the issuer for a planned resale of 17,000 shares of common stock under Rule 144 for the account of director Gary M. Reiner, with J.P. Morgan Securities LLC acting as agent and attorney-in-fact.

The shares were originally received as board compensation in grants dated April 25, 2012, April 20, 2013, and March 15, 2021, and are expected to be sold through J.P. Morgan Securities LLC on the NYSE.

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Shares proposed to be sold 17,000 shares of common stock Rule 144 notice for the account of director Gary M. Reiner
Board compensation grant 1 3,455 shares Common stock granted April 25, 2012 as board compensation
Board compensation grant 2 4,080 shares Common stock granted April 20, 2013 as board compensation
Board compensation grant 3 9,465 shares Common stock granted March 15, 2021 as board compensation
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
board compensation financial
"Common Stock | 04/25/2012 | Board Compensation | Issuer"
attorney-in-fact regulatory
"as agent and attorney-in-fact for Gary M. Reiner"
An attorney-in-fact is the person or entity given legal authority through a power of attorney to act on behalf of another for specific tasks, such as signing documents, voting shares, or handling transactions. For investors, this matters because it lets a trusted representative make timely decisions or complete paperwork when the owner cannot, much like handing keys to someone to run errands on your behalf—so checks on scope and limits of that authority are important.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing for HPE disclose?

It discloses that 17,000 shares of Hewlett Packard Enterprise common stock may be sold under Rule 144 for the account of director Gary M. Reiner, with J.P. Morgan Securities LLC acting as selling broker and attorney-in-fact.

Who is selling HPE (HPE) shares in this Form 144 filing?

The planned sale is for the account of Gary M. Reiner, identified as a director of Hewlett Packard Enterprise Company, with J.P. Morgan Securities LLC signing the notice as agent and attorney-in-fact and serving as the broker.

How many Hewlett Packard Enterprise (HPE) shares are covered by this Rule 144 notice?

The notice covers a proposed sale of 17,000 shares of Hewlett Packard Enterprise common stock. These shares were issued to Gary M. Reiner as board compensation across several historical grant dates.

How were the HPE shares in this Form 144 originally acquired?

The shares were acquired as board compensation from the issuer. The filing lists grants of 3,455 shares on April 25, 2012, 4,080 shares on April 20, 2013, and 9,465 shares on March 15, 2021, which together total 17,000 shares.

Through which broker and market will the HPE shares in this Form 144 be sold?

The filing identifies J.P. Morgan Securities LLC as the broker, with the shares expected to be sold on the NYSE. J.P. Morgan Securities LLC also signs the notice as agent and attorney-in-fact for Gary M. Reiner.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

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