HPE (NYSE: HPE) director gets 8,750 RSUs and reports holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Carter Pamela L reported acquisition or exercise transactions in this Form 4 filing.
Hewlett Packard Enterprise director Pamela L. Carter received a grant of 8,750 restricted stock units (RSUs) on 05/01/26. These RSUs will cliff vest on the earlier of 05/01/27 or the date of HPE’s 2027 annual stockholders meeting, with each RSU representing one share of common stock. Following the update, she holds 132,170 shares of common stock directly and 41,166.1643 shares indirectly through a Merrill Lynch account, which includes 164.5969 vested RSU dividend equivalent rights credited at $27.93 per RSU on 04/23/26. She has elected to defer receipt of common stock until her service on the board ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Carter Pamela L
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 8,750 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 8,750 shares (Direct, null);
Common Stock — 132,170 shares (Direct, null);
Common Stock — 41,166.164 shares (Indirect, By Merrill Lynch)
Footnotes (1)
- The reporting person elected to defer the receipt of common stock until the termination of her service as a member of the Issuer's Board of Directors. The number of shares in column 5 includes 164.5969 vested restricted stock unit ("RSU") dividend equivalent rights at $27.93 per RSU credited to the reporting person's account on 04/23/26. 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 RSUs
Direct common shares: 132,170 shares
Indirect common shares: 41,166.1643 shares
+3 more
6 metrics
RSUs granted
8,750 RSUs
Grant to director on 05/01/26
Direct common shares
132,170 shares
Total direct holdings after transactions
Indirect common shares
41,166.1643 shares
Indirect holdings via Merrill Lynch after transactions
Dividend equivalent rights
164.5969 units
Vested RSU dividend equivalents at $27.93 per RSU credited 04/23/26
Dividend equivalent value per RSU
$27.93 per RSU
Credit rate for vested RSU dividend equivalent rights
Derivative transactions
1 transaction
RSU grant categorized as derivative-type transaction
Key Terms
Restricted Stock Units, dividend equivalent rights, cliff vest, contingent right, +1 more
5 terms
Restricted Stock Units financial
"security_title": "Restricted Stock Units""
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
"includes 164.5969 vested restricted stock unit ("RSU") dividend equivalent rights"
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 vest financial
"all of which will cliff vest on the earlier of 05/01/27"
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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
indirect ownership financial
""direct_or_indirect": "I", "nature_of_ownership": "By Merrill Lynch""
FAQ
What did HPE director Pamela L. Carter receive in this Form 4 filing for HPE?
Pamela L. Carter received a grant of 8,750 restricted stock units (RSUs) on 05/01/26. Each RSU represents a contingent right to receive one share of Hewlett Packard Enterprise common stock, subject to vesting conditions described in the filing.
When do Pamela L. Carter’s 8,750 HPE RSUs vest?
The 8,750 RSUs granted on 05/01/26 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 all granted units vest at once rather than gradually over time.
What are the dividend equivalent rights mentioned in the HPE Form 4 for Pamela L. Carter?
The filing states that column 5 includes 164.5969 vested RSU dividend equivalent rights credited at $27.93 per RSU on 04/23/26. These rights mirror dividends paid on HPE common stock and are added to the reporting person’s RSU-related holdings.
How does Pamela L. Carter’s deferral election affect her HPE stock receipt?
Pamela L. Carter elected to defer receipt of common stock until her service on Hewlett Packard Enterprise’s board ends. This means shares underlying certain awards will not be delivered until she ceases serving as a director, affecting timing but not the reported holdings.
What does each restricted stock unit represent in the HPE Form 4 filing?
Each restricted stock unit in the filing represents a contingent right to receive one share of Hewlett Packard Enterprise common stock. Delivery of those shares depends on the RSUs vesting under the stated schedule and conditions in the company’s director compensation arrangements.