HPE director (NYSE: HPE) receives 8,750 RSUs vesting by 2027 meeting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lane Raymond J. reported acquisition or exercise transactions in this Form 4 filing.
Hewlett Packard Enterprise Co director Raymond J. Lane reported a grant of 8,750 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of HPE common stock. The RSUs were granted on 05/01/26 at a price of $0.00 per unit.
These 8,750 RSUs will cliff vest on the earlier of 05/01/27 or the date of HPE's 2027 Annual Stockholders Meeting, and dividend equivalent rights accrue as dividends are paid on the common stock. Following the reported updates, Lane holds 989,564 shares of HPE common stock directly, plus the 8,750 RSUs as a compensation-related award rather than an open-market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lane Raymond J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 8,750 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 8,750 shares (Direct, null);
Common Stock — 989,564 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. On 05/01/26, the reporting person was granted 8,750 restricted stock units ("RSUs"), all of which will cliff vest on the earlier of 05/01/27 or the date of Issuer's 2027 Annual Stockholders Meeting. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock.
Key Figures
RSUs granted: 8,750 units
Common shares held: 989,564 shares
RSU-to-share ratio: 1 RSU : 1 share
+2 more
5 metrics
RSUs granted
8,750 units
Restricted stock units granted on 05/01/26
Common shares held
989,564 shares
Common stock directly held after reported transactions
RSU-to-share ratio
1 RSU : 1 share
Each RSU represents one HPE common share
RSU grant price
$0.00 per unit
Stated price per RSU for the award
Vesting date
05/01/27 or 2027 meeting
Cliff vest on earlier of 05/01/27 or 2027 Annual Stockholders Meeting
Key Terms
restricted stock units, cliff vest, dividend equivalent rights
3 terms
restricted stock units financial
"On 05/01/26, the reporting person was granted 8,750 restricted stock units ("RSUs")"
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 vest financial
"all of which will cliff vest on the earlier of 05/01/27 or the date"
A cliff vest is a schedule for stock options or restricted shares where no ownership rights are earned until a fixed date, after which a set portion becomes fully owned all at once — like a probation period that suddenly unlocks pay. Investors watch cliff vests because they influence when insiders can sell shares, affect staff retention and dilution timing, and help predict short-term changes in a company’s shareholder makeup.
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.
FAQ
What did HPE director Raymond J. Lane report on this Form 4 for HPE?
Raymond J. Lane reported receiving 8,750 restricted stock units (RSUs) from Hewlett Packard Enterprise on 05/01/26. Each RSU is a right to receive one HPE common share, reflecting a compensation grant rather than an open-market stock purchase or sale.
How many HPE restricted stock units were granted to Raymond J. Lane?
Lane was granted 8,750 restricted stock units from Hewlett Packard Enterprise. Each unit represents a contingent right to one share of HPE common stock, providing equity-based compensation that aligns the director’s interests with shareholders over the vesting period.
When do Raymond J. Lane’s HPE RSUs reported on Form 4 vest?
The 8,750 RSUs will cliff vest on the earlier of 05/01/27 or the date of Hewlett Packard Enterprise’s 2027 Annual Stockholders Meeting. Cliff vesting means the entire award vests at once rather than gradually over multiple dates.
Does Raymond J. Lane receive dividends on his HPE RSUs before vesting?
Dividend equivalent rights accrue on the 8,750 RSUs as Hewlett Packard Enterprise pays dividends on its common stock. These rights typically mirror cash dividends, enhancing the overall compensation value of the RSU award before actual share delivery.
Is the HPE Form 4 for Raymond J. Lane an open-market stock purchase or sale?
No, the Form 4 shows a grant of 8,750 restricted stock units as compensation, not an open-market trade. The filing also updates Lane’s direct common stock holdings, but it does not report any market purchases or sales of HPE shares.