HPE director exercises 14.5K RSUs, holds shares

Hewlett Packard Enterprise director Frank A. D’Amelio exercised restricted stock units into common shares.

Rhea-AI Filing Summary

Hewlett Packard Enterprise director Frank A. D’Amelio exercised restricted stock units into common shares. On April 1, 2026, he converted 14,499.0518 restricted stock units, each representing a right to one share of common stock, into the same number of common shares.

After this activity, he held 47,490.5734 shares of HPE common stock indirectly through a Merrill Lynch account and 3,444 shares directly. The footnotes explain these units came from a prior 14,235 RSU grant that cliff vested at the 2026 Annual Stockholders Meeting, with additional shares from vested dividend equivalent rights.

Insider Trade Summary

14,499.0518 shares exercised/converted

Exercise 3 txns

Insider DAMELIO FRANK A

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	14,499.0518	$0.00	$0.00
Exercise	Common Stock	14,499.0518	$23.98	$348K
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock — 47,490.5734 shares (Indirect, By Merrill Lynch); Common Stock — 3,444 shares (Direct)

Footnotes (4)

1. F1. The reporting person elected to defer the receipt of common stock until the termination of his service as a member of the Issuer's Board of Directors.
2. F2. The number of shares in column 5 includes 193.9578 vested restricted stock unit ("RSU") dividend equivalent rights at $20.83 per RSU credited to the reporting person's account on 07/17/25, 175.9643 vested RSU dividend equivalent rights at $22.96 per RSU credited to the reporting person's account on 10/17/25, and 206.5585 vested RSU dividend equivalent rights at $21.44 per RSU credited to the reporting person's account on 01/16/26.
3. F3. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
4. F4. 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.

Key Figures

RSUs exercised: 14,499.0518 units Indirect common shares after transaction: 47,490.5734 shares Direct common shares after transaction: 3,444 shares +2 more

5 metrics

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

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

Direct common shares after transaction 3,444 shares HPE common stock held directly by Frank A. D’Amelio after April 1, 2026

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

Dividend equivalent rights (example credit) 193.9578 units at $20.83 Vested RSU dividend equivalent rights credited on July 17, 2025

Key Terms

Restricted Stock Units, dividend equivalent rights, cliff vested, Annual Stockholders Meeting, +1 more

5 terms

Restricted Stock Units financial

"The reporting person was granted 14,235 restricted stock units ("RSUs"), all of which cliff vested..."

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

"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."

derivative security financial

"Exercise or conversion of derivative security"

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.

FAQ

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

What did HPE director Frank A. D’Amelio report in this Form 4 for HPE?

Frank A. D’Amelio reported exercising 14,499.0518 restricted stock units into the same number of HPE common shares on April 1, 2026. These RSUs were previously granted as director compensation and had fully vested before conversion.

How many Hewlett Packard Enterprise (HPE) shares does Frank A. D’Amelio hold after this transaction?

After the reported transactions, Frank A. D’Amelio holds 47,490.5734 HPE shares indirectly through a Merrill Lynch account and 3,444 shares directly. These figures reflect his ownership immediately following the April 1, 2026 RSU conversion.

What type of securities did Frank A. D’Amelio exercise in this HPE Form 4 filing?

He exercised restricted stock units (RSUs), which are derivative securities granting a contingent right to receive one HPE common share per unit. The filing shows 14,499.0518 RSUs converted into common stock on April 1, 2026.

Were any HPE shares sold in Frank A. D’Amelio’s April 1, 2026 Form 4 filing?

The filing shows no open-market sales. It reports an exercise and conversion of restricted stock units into common shares, with resulting direct and indirect holdings, but does not list any sale transactions coded as sales.

How were dividend equivalent rights treated in Frank A. D’Amelio’s HPE RSU award?

Footnotes explain that dividend equivalent rights accrued on the RSUs when HPE paid dividends. These vested rights increased the RSU count and resulting shares, with specific amounts credited on July 17, 2025, October 17, 2025, and January 16, 2026.

What was the original RSU grant to Frank A. D’Amelio mentioned in this HPE Form 4?

The filing notes that on May 2, 2025, he was granted 14,235 restricted stock units. These RSUs cliff vested on the date of HPE’s 2026 Annual Stockholders Meeting, and dividend equivalent rights accrued as HPE paid dividends.

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

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Accepted by SEC EDGAR 04/03/2026 - 04:58 PM Learn about SEC filing dates

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^*

DAMELIO FRANK A

(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								3,444	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 his service as a member of the Issuer's Board of Directors.

2. The number of shares in column 5 includes 193.9578 vested restricted stock unit ("RSU") dividend equivalent rights at $20.83 per RSU credited to the reporting person's account on 07/17/25, 175.9643 vested RSU dividend equivalent rights at $22.96 per RSU credited to the reporting person's account on 10/17/25, and 206.5585 vested RSU 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 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.

	Jonathan Sturz as Attorney-in-Fact for Frank A D'Amelio	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)