HPE (NYSE: HPE) director converts 14,500 RSUs into common stock holdings

Rhea-AI Filing Summary

Hewlett Packard Enterprise Co director Gary M. Reiner exercised previously granted restricted stock units, converting 14,500 RSUs into the same number of shares of common stock. The RSUs had a conversion price of $0.00 per unit, reflecting compensation rather than a market purchase.

The common stock received is shown at $23.98 per share in the filing. After this exercise, Reiner holds 16,295 shares of HPE common stock directly and 86,646 shares indirectly, held "By JPM Chase." The RSUs, originally granted on May 2, 2025, cliff vested on the date of the company’s 2026 Annual Stockholders Meeting, and included dividend equivalent rights.

Insider Trade Summary

14,500 shares exercised/converted

Mixed 3 txns

Insider REINER GARY M

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 — 16,295 shares (Direct); Common Stock — 86,646 shares (Indirect, By JPM Chase)

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 The number of derivative securities in column 5 reflects vested RSUs and rounded dividend equivalent rights previously reflected in column 9.

Key Figures

RSUs exercised: 14,500 units RSU conversion price: $0.00 per unit Common stock value: $23.98 per share +3 more

6 metrics

RSUs exercised 14,500 units Converted into 14,500 shares of common stock

RSU conversion price $0.00 per unit Exercise or conversion of derivative security

Common stock value $23.98 per share Value shown for 14,500 common shares received

Direct holdings after transaction 16,295 shares Common stock directly owned by Gary M. Reiner

Indirect holdings 86,646 shares Common stock held indirectly "By JPM Chase"

Original RSU grant 14,235 RSUs Granted on May 2, 2025, with cliff vesting

Key Terms

Restricted Stock Units, cliff vested, dividend equivalent rights, derivative security

4 terms

Restricted Stock Units financial

"Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock."

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.

cliff vested financial

"all of which cliff vested on the date of Issuer's 2026 Annual Stockholders Meeting."

dividend equivalent rights financial

"Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock"

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.

derivative security financial

"The number of derivative securities in column 5 reflects vested RSUs and rounded 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.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

REINER GARY M

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/01/2026		M		14,500	A	$23.98	16,295	D
Common Stock								86,646	I	By JPM Chase

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	04/01/2026		M			14,500(2)	(2)	(2)	Common Stock	14,500	(2)	0	D

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 The number of derivative securities in column 5 reflects vested RSUs and rounded dividend equivalent rights previously reflected in column 9.

	Jonathan Sturz as Attorney-in-Fact for Gary M. Reiner	04/03/2026
	** Signature of Reporting Person	Date
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 Gary M. Reiner do in this Form 4 filing?

Gary M. Reiner exercised 14,500 restricted stock units, receiving the same number of HPE common shares. This reflects the vesting of prior equity awards rather than an open-market stock purchase or sale.

How many Hewlett Packard Enterprise (HPE) shares did Gary M. Reiner acquire?

He acquired 14,500 shares of HPE common stock through the exercise of vested restricted stock units. Each RSU converted into one share of common stock, consistent with the plan’s terms and dividend equivalent adjustments.

What price per share is shown for Gary M. Reiner’s HPE common stock in the Form 4?

The Form 4 lists a value of $23.98 per share for the 14,500 HPE common shares received. The RSUs themselves had a $0.00 conversion price, reflecting that they were equity compensation awards, not cash purchases.

What are Gary M. Reiner’s HPE shareholdings after these transactions?

After the RSU conversion, Reiner holds 16,295 HPE shares directly. He also has an indirect holding of 86,646 shares described as held "By JPM Chase," giving a combined visible position across direct and indirect ownership.

What were the terms of the restricted stock units granted to Gary M. Reiner at HPE?

The filing states Reiner was granted 14,235 RSUs on May 2, 2025, which cliff vested at HPE’s 2026 Annual Stockholders Meeting. Dividend equivalent rights accrued on these RSUs as dividends were paid, slightly increasing the final vested amount.

Are Gary M. Reiner’s RSU exercises at HPE open-market purchases or routine compensation?

These transactions are routine compensation-related exercises. The RSUs converted into shares at a $0.00 conversion price, indicating they stem from prior equity awards rather than discretionary buying or selling in the open market.