HPE director granted 8,750 restricted stock units

Q: When do Patricia Russo’s 8,750 HPE RSUs reported on Form 4 vest?

The 8,750 RSUs will cliff vest on a single future date. Vesting occurs on the earlier of May 1, 2027, or the date of Hewlett Packard Enterprise’s 2027 annual stockholders meeting, as disclosed in the Form 4 footnotes.

Q: Do dividend equivalents apply to Patricia Russo’s 8,750 HPE RSUs?

Yes, dividend equivalent rights accrue on these RSUs. When Hewlett Packard Enterprise pays dividends on its common stock, corresponding RSU dividend equivalents are credited to Russo’s account, enhancing the value of her deferred stock-based compensation over time.

RUSSO PATRICIA F reported acquisition or exercise transactions in this Form 4 filing.

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Form Type

Rhea-AI Filing Summary

RUSSO PATRICIA F reported acquisition or exercise transactions in this Form 4 filing.

Hewlett Packard Enterprise director Patricia F. Russo received a grant of 8,750 restricted stock units (RSUs) on May 1, 2026. Each RSU represents a contingent right to receive one share of HPE common stock and was granted as a stock-based award.

These RSUs will cliff vest on the earlier of May 1, 2027 or the date of HPE’s 2027 annual stockholders meeting. Dividend equivalent rights accrue on these RSUs when dividends are paid on HPE common stock. Russo elected to defer receipt of the underlying common shares until her service on the board ends. After the reported transactions, she holds 15,318 HPE common shares directly, 366,413.4942 shares indirectly through a Merrill Lynch account, and the new 8,750 RSUs.

Insider Trade Summary

Grant/Award: 8,750 shares

Grant/Award 3 txns

Insider RUSSO PATRICIA F

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	8,750	$0.00	$0.00
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 8,750 contracts (Direct); Common Stock — 15,318 shares (Direct); Common Stock — 366,413.4942 shares (Indirect, By Merrill Lynch)

Footnotes (4)

F1. 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.
F2. The number of shares in column 5 includes 1,571.1379 vested restricted stock unit ("RSU") dividend equivalent rights at $27.93 per RSU credited to the reporting person's account on 04/23/26.
F3. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
F4. 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. 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.

Key Figures

RSU grant size: 8,750 RSUs Direct common shares: 15,318 shares Indirect common shares: 366,413.4942 shares +3 more

6 metrics

RSU grant size 8,750 RSUs Granted on May 1, 2026 to Patricia F. Russo

Direct common shares 15,318 shares Direct HPE common stock holding after transactions

Indirect common shares 366,413.4942 shares Indirect HPE common stock holding through Merrill Lynch

Underlying common stock 8,750 shares Common shares underlying newly granted RSUs

Dividend equivalent RSUs 1,571.1379 RSUs Vested RSU dividend equivalents credited at $27.93 per RSU

Dividend equivalent price $27.93 per RSU Value used for RSU dividend equivalent rights on April 23, 2026

Key Terms

restricted stock units, RSU dividend equivalent rights, cliff vest, contingent right

4 terms

restricted stock units financial

"On 05/01/26, the reporting person was granted 8,750 restricted stock units ("RSUs")"

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.

RSU dividend equivalent rights financial

"includes 1,571.1379 vested restricted stock unit ("RSU") dividend equivalent rights at $27.93 per RSU"

cliff vest financial

"all of which will cliff vest on the earlier of 05/01/27 or the date of Issuer's 2027 Annual Stockholders Meeting"

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 of Issuer's common stock."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did HPE director Patricia Russo report in this Form 4 for HPE?

Patricia Russo reported a grant of 8,750 restricted stock units (RSUs). The award was made on May 1, 2026, and each RSU represents a contingent right to receive one share of Hewlett Packard Enterprise common stock as part of her board compensation.

When do Patricia Russo’s 8,750 HPE RSUs reported on Form 4 vest?

The 8,750 RSUs will cliff vest on a single future date. Vesting occurs on the earlier of May 1, 2027, or the date of Hewlett Packard Enterprise’s 2027 annual stockholders meeting, as disclosed in the Form 4 footnotes.

How many HPE shares does Patricia Russo hold after this Form 4 filing?

After the reported transactions, Patricia Russo holds multiple HPE positions. She owns 15,318 common shares directly, 366,413.4942 shares indirectly through a Merrill Lynch account, and a grant of 8,750 RSUs that convert into common stock upon settlement.

Do dividend equivalents apply to Patricia Russo’s 8,750 HPE RSUs?

Yes, dividend equivalent rights accrue on these RSUs. When Hewlett Packard Enterprise pays dividends on its common stock, corresponding RSU dividend equivalents are credited to Russo’s account, enhancing the value of her deferred stock-based compensation over time.

When will Patricia Russo receive HPE common stock from her deferred RSUs?

Russo elected to defer receipt of the underlying HPE shares. She will receive the common stock only after her service as a member of Hewlett Packard Enterprise’s board of directors ends, according to the Form 4 footnotes.

What are restricted stock units (RSUs) in Patricia Russo’s HPE filing?

RSUs are stock-based awards that convert into common shares later. Each RSU in Russo’s grant represents a contingent right to receive one Hewlett Packard Enterprise common share upon vesting and settlement, providing equity-linked compensation instead of immediate cash payment.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/05/2026 - 05:33 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^*

RUSSO PATRICIA F

(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)
05/01/2026

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								15,318	D
Common Stock								366,413.4942⁽¹⁾⁽²⁾	I	By Merrill Lynch

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	⁽³⁾	05/01/2026		A		8,750⁽⁴⁾		⁽⁴⁾	⁽⁴⁾	Common Stock	8,750	⁽⁴⁾	8,750	D

Explanation of Responses:

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.

2. The number of shares in column 5 includes 1,571.1379 vested restricted stock unit ("RSU") dividend equivalent rights at $27.93 per RSU credited to the reporting person's account on 04/23/26.

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

4. 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. 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.

	Jonathan Sturz as Attorney-in-Fact for Patricia F. Russo	05/05/2026
	** 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