HPE director exercises 14,500 RSUs into shares
Hewlett Packard Enterprise Co director Bethany Mayer exercised restricted stock units into common shares.
Rhea-AI Filing Summary
Hewlett Packard Enterprise Co director Bethany Mayer exercised restricted stock units into common shares. On 2026-04-01, 14,500 restricted stock units converted into 14,500 shares of common stock, reflecting previously granted equity compensation that had vested.
The common stock entry shows 14,500 shares at $23.98 per share, indicating the market value used in the Form 4. Following the transactions, Mayer holds 14,500 shares directly and 20,078 shares indirectly through JM2002Trust, showing both personal and trust-related ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,500 shares exercised/converted
Exercise
3 txns
Insider
Mayer Bethany
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 14,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 14,500 | $23.98 | $348K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 14,500 shares (Direct);
Common Stock — 20,078 shares (Indirect, by JM2002Trust)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F2. As previously reported, on 05/02/25, the reporting person was granted 14,235 restricted stock units ("RSUs"), all of which cliff vested on the date of Issuer's 2026 Annual Stockholders Meeting. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The number of derivative securities in column 5 reflects 88.8406 dividend equivalent rights at $20.83 per RSU credited to the reporting person's account on 07/17/25, 80.5989 dividend equivalent rights at $22.96 per RSU credited to the reporting person's account on 10/17/25, 94.6123 dividend equivalent rights at $21.44 per RSU credited to the reporting person's account on 01/16/26 vested dividend equivalent rights, and a de minimis adjustment of 0.9482 due to fractional rounding of the dividend equivalent rights.
Key Figures
RSUs converted: 14,500 units
Common shares acquired: 14,500 shares
Reported share price: $23.98 per share
+4 more
7 metrics
RSUs converted
14,500 units
Restricted stock units exercised into common stock on 2026-04-01
Common shares acquired
14,500 shares
Shares of Hewlett Packard Enterprise common stock received from RSU conversion
Reported share price
$23.98 per share
Price shown for common stock entry related to RSU conversion
Direct holdings after transaction
14,500 shares
Direct Hewlett Packard Enterprise common stock owned by Bethany Mayer
Indirect holdings after transaction
20,078 shares
Common stock held indirectly by JM2002Trust
Original RSU grant
14,235 units
RSUs granted on 05/02/25 that cliff vested at 2026 Annual Stockholders Meeting
Dividend equivalent rights examples
88.8406; 80.5989; 94.6123 units
Dividend equivalents credited on 07/17/25, 10/17/25 and 01/16/26
Key Terms
Restricted Stock Units, dividend equivalent rights, cliff vested, derivative security, +1 more
5 terms
Restricted Stock Units financial
"Each restricted stock unit represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent rights financial
"Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
cliff vested financial
"all of which cliff vested on the date of Issuer's 2026 Annual Stockholders Meeting"
derivative security financial
"The number of derivative securities in column 5 reflects 88.8406 dividend equivalent rights"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
indirect ownership financial
"total_shares_following_transaction 20078.0000, direct_or_indirect I, nature_of_ownership by JM2002Trust"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did HPE director Bethany Mayer report on this Form 4?
Bethany Mayer reported the exercise of 14,500 restricted stock units into Hewlett Packard Enterprise common stock. This reflects vested equity compensation converting into shares rather than an open-market stock purchase or sale.
Was this HPE Form 4 a stock purchase or sale by Bethany Mayer?
The Form 4 shows an exercise of restricted stock units, not an open-market purchase or sale. The transactions are coded as derivative exercises, converting RSUs into 14,500 shares of Hewlett Packard Enterprise common stock.
What were the original HPE RSU grant details mentioned in the filing footnotes?
Footnotes state Mayer was granted 14,235 restricted stock units on 05/02/25 that cliff vested at the 2026 Annual Stockholders Meeting. Additional dividend equivalent rights were credited over time, bringing the total derivative units to 14,500 before conversion.
Does Bethany Mayer still hold any HPE restricted stock units after this transaction?
The filing shows no remaining derivative securities after this conversion. The 14,500 restricted stock units, including dividend equivalent rights, fully settled into Hewlett Packard Enterprise common stock on the reported transaction date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
