Calderoni acquires 8,008 HPE (NYSE: HPE) shares through RSU vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hewlett Packard Enterprise director Robert Calderoni exercised 8,008 restricted stock units, receiving 8,008 shares of common stock on April 1, 2026. These RSUs came from a grant of 7,862 units awarded on July 16, 2025 that cliff vested at the company’s 2026 Annual Stockholders Meeting.
The final RSU total includes dividend equivalent rights credited when cash dividends were paid on HPE common stock, plus a small rounding adjustment. Following the conversion, Calderoni holds 8,008 shares of HPE common stock directly, with no remaining RSUs from this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,008 shares exercised/converted
Mixed
2 txns
Insider
CALDERONI ROBERT
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 8,008 | $0.00 | -- |
| Exercise | Common Stock | 8,008 | $23.98 | $192K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 8,008 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 07/16/25, the reporting person was granted 7,862 restricted stock units ("RSUs"), all of which cliff vested on 04/01/26, 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. The number of derivative securities in column 5 reflects 49.0667 dividend equivalent rights at $20.83 per RSU credited to the reporting person's account on 07/17/25, 44.5148 dividend equivalent rights at $22.96 per RSU credited to the reporting person's account on 10/17/25, and 52.2544 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 0.1641 due to fractional rounding of the dividend equivalent rights.
Key Figures
RSUs exercised: 8,008 units
Original RSU grant: 7,862 units
Shares held after conversion: 8,008 shares
+4 more
7 metrics
RSUs exercised
8,008 units
Converted to common stock on April 1, 2026
Original RSU grant
7,862 units
Granted on July 16, 2025
Shares held after conversion
8,008 shares
HPE common stock held directly after April 1, 2026
Dividend equivalents (July 17, 2025)
49.0667 units at $20.83 per RSU
Credited to RSU account as dividend equivalents
Dividend equivalents (Oct. 17, 2025)
44.5148 units at $22.96 per RSU
Credited to RSU account as dividend equivalents
Dividend equivalents (Jan. 16, 2026)
52.2544 units at $21.44 per RSU
Credited to RSU account as dividend equivalents
Market price on conversion
$23.98 per share
Price per HPE common share on April 1, 2026 entry
Key Terms
Restricted Stock Units, dividend equivalent rights, cliff vested, derivative security
4 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
"all of which cliff vested on 04/01/26, the date of Issuer's 2026 Annual Stockholders Meeting."
derivative security financial
"The number of derivative securities in column 5 reflects 49.0667 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.
FAQ
What did HPE director Robert Calderoni report in this Form 4 for HPE?
Robert Calderoni reported exercising 8,008 restricted stock units into 8,008 Hewlett Packard Enterprise common shares on April 1, 2026. The RSUs were part of an equity grant tied to his board service and converted automatically when vesting conditions were met.
How many Hewlett Packard Enterprise RSUs did Calderoni originally receive?
Calderoni was granted 7,862 restricted stock units on July 16, 2025. These RSUs later increased to 8,008 units through credited dividend equivalent rights and a small rounding adjustment, and all units converted into common stock on April 1, 2026.
When did Robert Calderoni’s HPE restricted stock units vest?
All of Calderoni’s 2025 Hewlett Packard Enterprise restricted stock units cliff vested on April 1, 2026. This vesting date coincided with the company’s 2026 Annual Stockholders Meeting, triggering the automatic conversion of the RSUs into common shares.
What are dividend equivalent rights on HPE restricted stock units in this filing?
Dividend equivalent rights are additional units credited when HPE pays dividends on its common stock. For Calderoni’s RSUs, multiple credits at stated per‑RSU amounts increased the total units from 7,862 to 8,008 before all vested and converted into common stock.