Hewlett Packard Enterprise (HPE) director granted stock in lieu of $39,375 cash retainer
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
RUSSO PATRICIA F reported acquisition or exercise transactions in this Form 4 filing.
Hewlett Packard Enterprise director Patricia F. Russo reported a compensation-related stock transaction. She received 873 shares of common stock, valued at $39,375, issued under the 2021 Stock Incentive Plan in lieu of her Q1 cash retainer for Board Year 2026.
Russo elected to defer receipt of these shares until her service on the Board ends, so they are held indirectly in an account at Merrill Lynch. Following this award, she holds 367,286.4942 indirect shares and 15,318 direct shares of Hewlett Packard Enterprise common stock as of the transaction date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
RUSSO PATRICIA F
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 873 | $45.11 | $39K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 367,286.494 shares (Indirect, By Merrill Lynch);
Common Stock — 15,318 shares (Direct, null)
Footnotes (1)
- These shares were issued to the reporting person pursuant to the Issuer's 2021 Stock Incentive Plan in lieu of Q1 cash retainer of $39,375 for Issuer's Board Year 2026. 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.
Key Figures
Stock award shares: 873 shares
Implied cash retainer: $39,375
Grant price per share: $45.11/share
+3 more
6 metrics
Stock award shares
873 shares
Common stock granted in lieu of Q1 cash retainer
Implied cash retainer
$39,375
Q1 Board cash retainer replaced by stock for Board Year 2026
Grant price per share
$45.11/share
Price used for 873-share stock award
Indirect holdings after grant
367,286.4942 shares
Indirect HPE common stock held after the transaction
Direct holdings
15,318 shares
Direct HPE common stock position as of June 30, 2026
Board year
2026
Stock retainer relates to Issuer's Board Year 2026
Key Terms
2021 Stock Incentive Plan, Q1 cash retainer, Board Year 2026, defer the receipt of common stock, +1 more
5 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 $39,375 for Issuer's Board Year 2026"
Board Year 2026 financial
"in lieu of Q1 cash retainer of $39,375 for Issuer's Board Year 2026"
defer the receipt of common stock financial
"The reporting person elected to defer the receipt of common stock until the termination of her service"
indirect ownership financial
"total_shares_following_transaction 367286.4942, direct_or_indirect I, nature_of_ownership By Merrill Lynch"
FAQ
What insider transaction did HPE director Patricia Russo report on this Form 4?
Patricia Russo reported receiving 873 shares of Hewlett Packard Enterprise common stock as a stock award. The shares were issued under the 2021 Stock Incentive Plan instead of a Q1 cash retainer of $39,375 for Board Year 2026.
Was Patricia Russo’s HPE Form 4 transaction a market buy or sell?
The Form 4 shows a grant of 873 HPE shares as compensation, not a market trade. The transaction code is A, indicating a grant, award, or other acquisition under Hewlett Packard Enterprise’s 2021 Stock Incentive Plan.