Hewlett Packard Enterprise (HPE) director logs sale and gift of shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hewlett Packard Enterprise Co director Gary M. Reiner reported multiple stock transactions involving HPE common stock. An entity associated with him, described as "By JPM Chase," sold 20,000 indirectly held shares in an open-market transaction at a weighted average price of $54.7692 per share, with individual prices ranging from $54.82 to $54.74. He also made a bona fide gift of 1,700 indirectly held shares at no price. After these transactions, he indirectly holds 81,241 shares of HPE common stock. A separate entry reflects his direct holdings as zero following the reported activity.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,000 shares ($1,095,384)
Net Sell
3 txns
Insider
REINER GARY M
Role
null
Sold
20,000 shs ($1.10M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 1,700 | $0.00 | -- |
| Sale | Common Stock | 20,000 | $54.7692 | $1.10M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 81,241 shares (Indirect, By JPM Chase);
Common Stock — 0 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Open-market sale: 20,000 shares
Weighted average sale price: $54.7692 per share
Price range: $54.82–$54.74 per share
+3 more
6 metrics
Open-market sale
20,000 shares
Non-derivative sale of HPE common stock
Weighted average sale price
$54.7692 per share
Open-market sale of 20,000 HPE shares
Price range
$54.82–$54.74 per share
Range of prices within the reported sale
Gifted shares
1,700 shares
Bona fide gift of HPE common stock
Indirect holdings after transactions
81,241 shares
HPE common stock held indirectly "By JPM Chase"
Net buy/sell shares
-20,000 shares
Net share change from buy/sell activity
Key Terms
bona fide gift, open-market sale, weighted average price, indirect ownership
4 terms
bona fide gift financial
"transaction_code_description: Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect ownership financial
"ownership_type: indirect, nature_of_ownership: By JPM Chase"
FAQ
What insider transactions did HPE director Gary M. Reiner report on this Form 4?
Gary M. Reiner reported an open-market sale and a gift of HPE shares. An entity associated with him sold 20,000 Hewlett Packard Enterprise (HPE) common shares and made a bona fide gift of 1,700 shares, both involving indirectly held stock.
Did HPE director Gary M. Reiner make any gifts of Hewlett Packard Enterprise stock?
Yes, a bona fide gift of 1,700 HPE shares was reported. The Form 4 shows a non-derivative transaction coded as a gift, transferring 1,700 indirectly held Hewlett Packard Enterprise common shares at a reported price of $0.00 per share.
Are Gary M. Reiner’s Hewlett Packard Enterprise transactions direct or indirect holdings?
The key sale and gift involve indirectly held HPE shares. The Form 4 classifies these as indirect ownership under an entity described as "By JPM Chase," while a separate line shows his direct holding balance as zero after the reported activity.