Hewlett Packard Enterprise (NYSE: HPE) EVP Russo files Form 4 on stock and RSUs

Rhea-AI Filing Summary

Hewlett Packard Enterprise (HPE) executive Fidelma M. Russo, EVP, GM, Hybrid Cloud & CTO, reported multiple equity transactions in company stock. On 12/06/2025, she acquired 83,563 shares of common stock at $23.33 per share and had 32,883 shares withheld at the same price, leaving 50,680 shares directly owned after that date. On 12/07/2025, she exercised derivative awards for 65,387 shares at $23.33 and had 25,731 shares withheld, bringing her direct holding to 90,336 shares.

In the derivative table, the filing details restricted stock units (RSUs) and performance-based RSUs previously granted, along with additional units credited as dividend equivalent rights. Several RSU grants from 2022, 2023 and 2024 vest in annual tranches through 2027, with each unit representing the right to receive one HPE common share. Dividend equivalent rights are periodically added based on cash dividends, increasing the number of RSUs reported as beneficially owned.

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

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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 FIDELMA

(Last) (First) (Middle)

1701 E MOSSY OAKS ROAD

(Street)

SPRING TX 77389

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Hewlett Packard Enterprise Co [ HPE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, GM, Hybrid Cloud & CTO

3. Date of Earliest Transaction (Month/Day/Year)
12/06/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	12/06/2025		A		83,563(1)	A	$23.33	83,563	D
Common Stock	12/06/2025		F		32,883	D	$23.33	50,680	D
Common Stock	12/07/2025		M		65,387	A	$23.33	116,067	D
Common Stock	12/07/2025		F		25,731	D	$23.33	90,336	D

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	(2)	01/16/2025		A		2,398.0404(3)		(3)	(3)	Common Stock	2,398.0404	(3)	99,746.0404	D
Restricted Stock Units	(2)	12/07/2025		M			65,387(4)(5)	(4)(5)	(4)(5)	Common Stock	65,387	(4)(5)	65,385	D
Restricted Stock Units	(2)	01/16/2025		A		3,662.4408(6)		(6)	(6)	Common Stock	3,662.4408	(6)	144,294.4408	D

Explanation of Responses:

1. On 12/07/23 the reporting person was granted PARSUs subject to Non-GAAP Net Income and relative total stockholder return conditions being met at the time of vesting. These PARSUs vest 50% after 2 and 3 years subject to performance and are issued in Issuer's common stock.

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

3. As previously reported, on 12/08/22, the reporting person was granted 276,243 restricted stock units ("RSUs"), 92,081 of which vested on 12/08/23, 92,081 of which vested on 12/08/24, and 92,081 of which will vest on 12/08/25. 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 511.3426 dividend equivalent rights at $23.41 per RSU credited to the reporting person's account on 01/16/25; 790.6559 dividend equivalent rights at $15.14 per RSU credited to the reporting person's account on 04/18/25; 574.6774 dividend equivalent rights at $20.83 per RSU credited to the reporting person's account on 07/17/25; and 521.3645 dividend equivalent rights at $22.96 per RSU credited to the reporting person's account on 10/17/25.

4. As previously reported, on 12/07/23, the reporting person was granted 186,104 RSUs, 62,034 of which vested on 12/07/24, and 62,035 of which vested on 12/07/25, and 62,035 of which will vest on 12/07/26. 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 688.9833 dividend equivalent rights at $23.41 per RSU credited to the reporting person's account on 01/16/25; 1,065.3303 dividend equivalent rights at $15.14 per RSU credited to the reporting person's account on 04/18/25; 774.3207 dividend equivalent rights at $20.83 per RSU credited to the reporting person's account on 07/17/25; and 702.4869 dividend equivalent rights at $22.96 per RSU credited to the reporting person's account on 10/17/25.

5. The number of derivative securities in column 5 reflects RSUs that vested, and 3,352 vested dividend equivalent rights, and a rounded portion of the dividend equivalent rights credited to the reporting person's account are reflected in column 9.

6. As previously reported, on 12/09/24, the reporting person was granted 140,632 RSUs, 46,877 of which will vest on each of 12/09/25 and 12/09/26, and 46,878 of which will vest on 12/09/27. 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 780.9551 dividend equivalent rights at $23.41 per RSU credited to the reporting person's account on 01/16/25; 1,207.5403 dividend equivalent rights at $15.14 per RSU credited to the reporting person's account on 04/18/25; 877.6841 dividend equivalent rights at $20.83 per RSU credited to the reporting person's account on 07/17/25; and 796.2613 dividend equivalent rights at $22.96 per RSU credited to the reporting person's account on 10/17/25.

	Ki Hoon Kim as Attorney-in-Fact for Fidelma M. Russo	12/09/2025
	** 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).
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FAQ

What insider transactions did HPE executive Fidelma M. Russo report on this Form 4?

Fidelma M. Russo reported acquiring 83,563 HPE common shares at $23.33 on 12/06/2025, with 32,883 shares withheld. On 12/07/2025, she exercised derivative awards for 65,387 shares at $23.33, with 25,731 shares withheld.

What is Fidelma M. Russo’s position at Hewlett Packard Enterprise (HPE)?

She is an Officer of Hewlett Packard Enterprise, serving as EVP, GM, Hybrid Cloud & CTO, as disclosed in the relationship section.

How many HPE common shares did Fidelma M. Russo hold directly after the reported transactions?

After the reported common stock transactions, she directly beneficially owned 90,336 HPE common shares.

What types of derivative securities are reported for HPE executive Fidelma M. Russo?

The filing reports restricted stock units (RSUs) and performance-based RSUs (PARSUs), each representing a contingent right to receive one share of HPE common stock upon vesting.

How do dividend equivalent rights affect Fidelma M. Russo’s RSU holdings in HPE?

Dividend equivalent rights are credited to her RSU grants when HPE pays dividends, adding fractional RSUs (e.g., 511.3426, 790.6559, and similar amounts) to her derivative holdings over time.

Over what period do the reported HPE RSU grants to Fidelma M. Russo vest?

The RSU and PARSU grants described vest in tranches from 2023 through 2027, with specific grants vesting over two or three years according to their original award terms.