Hewlett Packard Enterprise (HPE) director defers 14.5K RSUs into stock

Rhea-AI Filing Summary

Hewlett Packard Enterprise director Jean M. Hobby exercised 14,499.0518 restricted stock units into the same number of shares of common stock on April 1, 2026. Following the transaction, she indirectly holds 47,490.5734 shares through a Merrill Lynch account and directly holds 32,279 shares.

The direct holding figure includes 206.5585 vested restricted stock unit dividend equivalent rights credited at $21.44 per unit on January 16, 2026. Each restricted stock unit represents a contingent right to receive one share of Hewlett Packard Enterprise common stock, and she has elected to defer receipt of common stock until her board service ends.

Insider Trade Summary

14,499.052 shares exercised/converted

Mixed 3 txns

Insider Hobby Jean M.

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	14,499.052	$0.00	--
Exercise	Common Stock	14,499.052	$23.98	$348K
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 47,490.573 shares (Indirect, By Merrill Lynch); Common Stock — 32,279 shares (Direct)

Footnotes (1)

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 206.5585 vested restricted stock units ("RSUs") dividend equivalent rights at $21.44 per RSU credited to the reporting person's account on 01/16/26. 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 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.

Key Figures

RSUs exercised: 14,499.0518 units Indirect holdings after transaction: 47,490.5734 shares Direct holdings after transaction: 32,279 shares +4 more

7 metrics

RSUs exercised 14,499.0518 units Restricted stock units converted to common stock on April 1, 2026

Indirect holdings after transaction 47,490.5734 shares HPE common stock held indirectly via Merrill Lynch after April 1, 2026

Direct holdings after transaction 32,279 shares HPE common stock held directly after April 1, 2026

Dividend equivalent rights (vested RSUs) 206.5585 units at $21.44 Vested RSU dividend equivalent rights credited January 16, 2026

Dividend equivalent rights (derivative column) 94.6123 units at $21.44 RSU dividend equivalent rights reflected as derivative securities

Original RSU grant 14,235 units RSUs granted May 2, 2025, cliff vested at 2026 Annual Stockholders Meeting

Common stock transaction price $23.98 per share Price per share noted for common stock line on April 1, 2026

Key Terms

restricted stock units, dividend equivalent rights, cliff vested, Annual Stockholders Meeting, +1 more

5 terms

restricted stock units financial

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

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 on Issuer's common stock."

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

"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."

Annual Stockholders Meeting financial

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

defer the receipt of common stock financial

"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."

Form 4 Insider Transactions: What Each Field Means →

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^*

Hobby Jean M.

(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)
			Code	V	Amount	(A) or (D)	Price
Common Stock								32,279	D
Common Stock	04/01/2026		M		14,499.0518	A	$23.98	47,490.5734(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(3)	04/01/2026		M			14,499.0518(4)	(4)	(4)	Common Stock	14,499.0518	(4)	0	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 206.5585 vested restricted stock units ("RSUs") dividend equivalent rights at $21.44 per RSU credited to the reporting person's account on 01/16/26.

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

4. 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 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.

	Jonathan Sturz as Attorney-in-Fact for Jean M. Hobby	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)

FAQ

What insider transaction did HPE director Jean M. Hobby report on this Form 4?

Jean M. Hobby reported exercising 14,499.0518 restricted stock units into the same number of Hewlett Packard Enterprise common shares. The RSUs represent deferred equity compensation linked one-for-one to common stock, reflecting a non-cash conversion rather than an open-market stock purchase or sale.

How many Hewlett Packard Enterprise (HPE) shares does Jean M. Hobby hold after the reported transactions?

After the transactions, Jean M. Hobby indirectly holds 47,490.5734 Hewlett Packard Enterprise shares through a Merrill Lynch account and directly holds 32,279 shares. The direct holdings include vested restricted stock unit dividend equivalent rights, which increase her overall equity exposure without involving an additional open-market purchase.

What are the key terms of Jean M. Hobby’s HPE restricted stock units (RSUs)?

Each restricted stock unit gives Jean M. Hobby a contingent right to receive one share of Hewlett Packard Enterprise common stock. Her RSU grant of 14,235 units cliff vested at the 2026 Annual Stockholders Meeting, and related dividend equivalent rights accrue when HPE pays dividends on its common stock.

How do dividend equivalent rights affect Jean M. Hobby’s HPE equity position?

Dividend equivalent rights increase Jean M. Hobby’s effective RSU-based holdings by crediting additional units when Hewlett Packard Enterprise pays dividends. Footnotes show 206.5585 vested dividend equivalent rights and 94.6123 derivative dividend equivalent rights credited at $21.44 per RSU on January 16, 2026, enhancing her compensation value.

When will Jean M. Hobby receive the HPE common stock underlying her deferred RSUs?

Jean M. Hobby elected to defer receipt of the Hewlett Packard Enterprise common stock underlying her RSUs until her service as a member of the Board of Directors ends. This election delays delivery of shares while still recording the equity award and related dividend equivalents in her account.