Hewlett Packard Enterprise (NYSE: HPE) director receives 720-share stock award in lieu of cash
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hewlett Packard Enterprise Co director Raymond J. Lane received additional shares as part of his board compensation. On June 30, 2026, he acquired 720 shares of common stock at an indicated value of $45.11 per share. A footnote explains these shares were issued under the company’s 2021 Stock Incentive Plan in lieu of a $32,500 Q1 cash retainer for Board Year 2026. Following this award, Lane directly holds 990,284 shares of Hewlett Packard Enterprise common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lane Raymond J.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 720 | $45.11 | $32K |
Holdings After Transaction:
Common Stock — 990,284 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares awarded: 720 shares
Award price per share: $45.11 per share
Cash retainer replaced: $32,500
+1 more
4 metrics
Shares awarded
720 shares
Common stock grant on June 30, 2026
Award price per share
$45.11 per share
Indicated value for the 720-share grant
Cash retainer replaced
$32,500
Q1 cash retainer for Board Year 2026 replaced by shares
Post-transaction holdings
990,284 shares
Total common shares directly held after the award
Key Terms
2021 Stock Incentive Plan, Q1 cash retainer, Board Year 2026, Form 4
4 terms
2021 Stock Incentive Plan financial
"These shares were issued to the reporting person pursuant to the Issuer's 2021 Stock Incentive Plan in lieu of Q1 cash retainer"
Q1 cash retainer financial
"in lieu of Q1 cash retainer of $32,500 for Issuer's Board Year 2026"
Board Year 2026 financial
"in lieu of Q1 cash retainer of $32,500 for Issuer's Board Year 2026"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did HPE director Raymond J. Lane report in this Form 4 for HPE?
Raymond J. Lane reported receiving 720 shares of Hewlett Packard Enterprise common stock. The shares were granted as part of his board compensation, issued instead of a $32,500 Q1 cash retainer for Board Year 2026 under the 2021 Stock Incentive Plan.
Was the HPE Form 4 transaction an open-market buy or a stock award?
The transaction was a stock award, not an open-market purchase. Lane received 720 shares of common stock as compensation under HPE’s 2021 Stock Incentive Plan, issued in lieu of a $32,500 Q1 cash retainer for Board Year 2026.
What is the implied value of the HPE stock grant reported in this Form 4?
The 720-share grant is valued at $45.11 per share, implying stock compensation of about $32,500. A footnote states these shares were issued instead of a $32,500 Q1 cash retainer for HPE’s Board Year 2026.