STOCK TITAN

Bethany Mayer (HPE) converts 14,500 RSUs to stock, holds added shares

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

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 Mayer Bethany
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Units 14,500 $0.00 --
Exercise Common Stock 14,500 $23.98 $348K
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 14,500 shares (Direct); Common Stock — 20,078 shares (Indirect, by JM2002Trust)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. 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.
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
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"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Mayer Bethany

(Last)(First)(Middle)
C/O HEWLETT PACKARD ENTERPRISE COMPANY
1701 E MOSSY OAKS ROAD

(Street)
SPRING TEXAS 77389

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Hewlett Packard Enterprise Co [ HPE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock04/01/2026M14,500A$23.9814,500D
Common Stock20,078Iby JM2002Trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)04/01/2026M14,500(2) (2) (2)Common Stock14,500(2)0D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
2. 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.
Jonathan Sturz as Attorney-in-Fact for Bethany J. Mayer04/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

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.

How many HPE shares did Bethany Mayer acquire in this transaction?

Bethany Mayer acquired 14,500 Hewlett Packard Enterprise common shares through the conversion of restricted stock units. These RSUs had previously vested and were recorded as derivative securities before settling into common stock.

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 is Bethany Mayer’s reported HPE share ownership after the Form 4?

After the transactions, Bethany Mayer directly holds 14,500 shares of Hewlett Packard Enterprise common stock. She also has 20,078 shares reported as indirectly held through JM2002Trust, reflecting additional trust-related ownership.

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.