HPE director exercises 14,500 RSUs into shares
Hewlett Packard Enterprise director Raymond J. Lane exercised restricted stock units into common stock, increasing his direct share holdings.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 14,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 14,500 | $23.98 | $348K |
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F2. 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
Key Terms
Restricted Stock Units financial
cliff vested financial
dividend equivalent rights financial
FAQ
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What insider transaction did HPE director Raymond J. Lane report?
What was the size and origin of the RSU award reported by HPE?
Do the HPE Form 4 transactions involve open-market buying or selling?
What are dividend equivalent rights mentioned in the HPE Form 4 footnotes?
AI-generated analysis. How Rhea-AI works. Not financial advice.