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

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Hewlett Packard Enterprise director Raymond E. Ozzie exercised previously granted equity awards, turning restricted stock units into common shares. On April 1, 2026, he converted 14,500 restricted stock units into the same number of Hewlett Packard Enterprise common shares, a compensation-related event rather than an open-market purchase or sale.

The filing shows a reference price of $23.98 per share for the common stock entry, and Ozzie now directly holds 176,400 common shares after the transaction. The restricted stock units originated from a May 2, 2025 grant of 14,235 RSUs, which cliff vested at the 2026 Annual Stockholders Meeting and had additional shares credited over time through dividend equivalent rights.

Insider Trade Summary

14,500 shares exercised/converted

Mixed 2 txns

Insider Ozzie Raymond E

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 — 176,400 shares (Direct)

Footnotes (1)

Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. As previously reported, 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. 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 88.8406 dividend equivalent rights at $20.83 per RSU credited to the reporting person's account on 07/17/25, 80.5989 dividend equivalent rights at $22.96 per RSU credited to the reporting person's account on 10/17/25, 94.6123 dividend equivalent rights at $21.44 per RSU credited to the reporting person's account on 01/16/26 vested dividend equivalent rights, and a de minimis adjustment of 0.9482 due to fractional rounding of the dividend equivalent rights.

Key Figures

RSUs converted: 14,500 units Common shares acquired: 14,500 shares Reference price per share: $23.98 per share +5 more

8 metrics

RSUs converted 14,500 units Restricted Stock Units exercised into common stock on April 1, 2026

Common shares acquired 14,500 shares Hewlett Packard Enterprise common stock received from RSU conversion

Reference price per share $23.98 per share Price shown for 14,500 common shares on April 1, 2026

Shares held after transaction 176,400 shares Direct Hewlett Packard Enterprise common stock ownership post-transaction

Original RSU grant 14,235 RSUs Grant dated May 2, 2025 that later cliff vested

Dividend equivalents 07/17/25 88.8406 rights at $20.83 Dividend equivalent rights credited on July 17, 2025

Dividend equivalents 10/17/25 80.5989 rights at $22.96 Dividend equivalent rights credited on October 17, 2025

Dividend equivalents 01/16/26 94.6123 rights at $21.44 Vested dividend equivalent rights on January 16, 2026

Key Terms

Restricted Stock Units, dividend equivalent rights, cliff vested, derivative security, +1 more

5 terms

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.

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.

cliff vested financial

"all of which cliff vested on the date of Issuer's 2026 Annual Stockholders Meeting"

derivative security financial

"The number of derivative securities in column 5 reflects 88.8406 dividend equivalent rights"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

Annual Stockholders Meeting financial

"cliff vested on the date of Issuer's 2026 Annual Stockholders Meeting"

Form 4 Insider Transactions: What Each Field Means →

04/03/2026 - 04:44 PM

SEC Form 4

FORM 4

UNITED 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^*

Ozzie Raymond E

(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)

X	Director	10% 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)

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/01/2026		M		14,500	A	$23.98	176,400	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	04/01/2026		M			14,500⁽²⁾	⁽²⁾	⁽²⁾	Common Stock	14,500	⁽²⁾	0	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.

2. As previously reported, 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. 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 88.8406 dividend equivalent rights at $20.83 per RSU credited to the reporting person's account on 07/17/25, 80.5989 dividend equivalent rights at $22.96 per RSU credited to the reporting person's account on 10/17/25, 94.6123 dividend equivalent rights at $21.44 per RSU credited to the reporting person's account on 01/16/26 vested dividend equivalent rights, and a de minimis adjustment of 0.9482 due to fractional rounding of the dividend equivalent rights.

	Jonathan Sturz as Attorney-in-Fact for Raymond E. Ozzie	04/03/2026
	** Signature of Reporting Person	Date
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did HPE director Raymond E. Ozzie report in this Form 4?

Raymond E. Ozzie reported exercising restricted stock units into Hewlett Packard Enterprise common stock. On April 1, 2026, he converted 14,500 RSUs into 14,500 shares as part of an equity award, with no open-market buying or selling disclosed.

How many HPE shares does Raymond E. Ozzie hold after this Form 4?

After the reported transactions, Raymond E. Ozzie directly holds 176,400 shares of Hewlett Packard Enterprise common stock. This reflects the addition of 14,500 shares from the RSU conversion reported effective April 1, 2026, as shown in the post-transaction ownership line.

What equity awards did Raymond E. Ozzie exercise at Hewlett Packard Enterprise?

He exercised restricted stock units previously granted by Hewlett Packard Enterprise. A grant of 14,235 RSUs on May 2, 2025, plus dividend equivalent rights, resulted in 14,500 units that cliff vested at the 2026 Annual Stockholders Meeting and were converted into common shares.

Was this HPE Form 4 an open-market stock purchase or sale?

No, the Form 4 reflects a derivative exercise rather than open-market trading. The filing shows transaction code M, indicating conversion of restricted stock units into common stock, with no separate open-market purchase or sale transactions reported for Raymond E. Ozzie.

What was the reference price in Raymond E. Ozzie’s HPE stock transaction?

The non-derivative common stock line shows a transaction price of $23.98 per share. This price is associated with the 14,500-share entry on April 1, 2026, corresponding to the shares received when his restricted stock units converted into Hewlett Packard Enterprise common stock.

How were dividend equivalent rights treated in Raymond E. Ozzie’s HPE RSUs?

Dividend equivalent rights accrued on his RSUs when Hewlett Packard Enterprise paid dividends. The footnote details additional rights credited at specific per-RSU values and dates, plus a small rounding adjustment, helping increase the total RSUs from the original 14,235 grant to 14,500 units.