HPE Form 144: $1.26M insider share sale set for 27 June 2025
Rhea-AI Filing Summary
Hewlett Packard Enterprise Company (HPE) has filed a Form 144 indicating an intended sale of 68,590 common shares. The shares will be routed through Merrill Lynch and are scheduled for sale on 27 June 2025 on the NYSE. Based on the filing’s stated price, the transaction is valued at $1.26 million. These shares originate from the vesting of stock-based compensation awards on 7 December 2024 (48,615 shares) and 20 April 2025 (19,975 shares). HPE reports 1.312 billion shares outstanding, so the planned disposition represents roughly 0.005 % of total shares. The filer disclosed no other sales within the past three months and affirmed no undisclosed adverse information about HPE.
Positive
- None.
Negative
- None.
Insights
TL;DR: Minor insider sale (0.005 % of float); likely immaterial.
The Form 144 reveals a proposed disposition of 68,590 HPE shares worth about $1.26 million, stemming from routine equity-compensation vesting. With 1.31 billion shares outstanding, the sale is de minimis and unlikely to influence liquidity, valuation, or control. Absence of prior 3-month sales and the representation that no non-public adverse information exists reduces governance concerns. Overall, this is a standard administrative filing with negligible market impact.