STOCK TITAN

Hewlett Packard Enterprise (HPE) director converts 14,500 RSUs into common stock

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

Rhea-AI Filing Summary

Hewlett Packard Enterprise director Raymond J. Lane exercised restricted stock units into common stock, increasing his direct share holdings. On the transaction date, 14,500 restricted stock units were converted into 14,500 shares of common stock, reflecting vested awards from a prior grant.

The RSUs were originally granted as 14,235 units that cliff vested on the date of the company’s 2026 Annual Stockholders Meeting, with additional rounded dividend equivalent rights bringing the total to 14,500. After the conversion, Lane directly holds 989,564 shares of Hewlett Packard Enterprise common stock.

Positive

  • None.

Negative

  • None.
Insider Lane Raymond J.
Role Director
Type Security Shares Price Value
Exercise Restricted Stock Units 14,500 $0.00 --
Exercise Common Stock 14,500 $23.98 $348K
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 989,564 shares (Direct)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. 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.
RSUs exercised 14,500 units Restricted stock units converted into common stock
Common shares received 14,500 shares Shares of HPE common stock from RSU conversion
Post-transaction holdings 989,564 shares Direct HPE common stock held by Raymond J. Lane
Original RSU grant 14,235 units RSUs granted on May 2, 2025, before dividend equivalents
Common stock transaction price $23.98 per share Price per share shown for the common stock line
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.
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"
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.
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*
Lane Raymond J.

(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 Stock04/01/2026M14,500D$23.98989,564D
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. 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 Raymond J. Lane04/03/2026
** 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 insider transaction did HPE director Raymond J. Lane report?

HPE director Raymond J. Lane reported exercising restricted stock units into common shares. A total of 14,500 restricted stock units were converted into 14,500 shares of Hewlett Packard Enterprise common stock as previously granted equity compensation that had fully vested.

How many Hewlett Packard Enterprise shares does Raymond J. Lane hold after this Form 4?

Following the reported transactions, Raymond J. Lane directly holds 989,564 shares of Hewlett Packard Enterprise common stock. This position reflects his holdings after converting 14,500 vested restricted stock units into an equal number of common shares on the reported transaction date.

What was the size and origin of the RSU award reported by HPE?

The award originated from a grant of 14,235 restricted stock units made on May 2, 2025. These RSUs cliff vested on the date of Hewlett Packard Enterprise’s 2026 Annual Stockholders Meeting, with dividend equivalent rights and rounding bringing the total exercised units to 14,500.

Do the HPE Form 4 transactions involve open-market buying or selling?

The Form 4 transactions reflect an exercise and conversion of restricted stock units, not open-market buying or selling. Raymond J. Lane acquired 14,500 shares of Hewlett Packard Enterprise common stock through vesting of equity awards rather than through purchases or sales on the open market.

What are dividend equivalent rights mentioned in the HPE Form 4 footnotes?

Dividend equivalent rights are additional units that accrue on RSUs when dividends are paid on the underlying common stock. In this case, they increased the Hewlett Packard Enterprise RSU count so that 14,500 units, including rounded dividend equivalents, were ultimately converted into common shares upon vesting.