Hewlett Packard Enterprise (HPE) director exercises 14,500 RSUs into stock
Rhea-AI Filing Summary
Hewlett Packard Enterprise director Regina E. Dugan exercised restricted stock units into common shares. On April 1, 2026, 14,500 restricted stock units, each representing a contingent right to receive one share of common stock, were converted into 14,500 shares of HPE common stock at $23.98 per share per the filing.
These units were part of a previously reported grant of 14,235 RSUs from May 2, 2025, which cliff vested on the date of HPE’s 2026 Annual Stockholders Meeting and had additional dividend equivalent rights credited over time. Following the transaction, Dugan directly holds 55,850 shares of HPE common stock, with no remaining derivative position from this RSU grant shown.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 14,500 shares
Net Buy
2 txns
Insider
DUGAN REGINA E
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 14,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 14,500 | $23.98 | $348K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 55,850 shares (Direct)
Footnotes (2)
- F1. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F2. 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, and a de minimis adjustment of 0.9482 due to fractional rounding of the dividend equivalent rights.
Key Figures
RSUs exercised: 14,500 units
Share price at conversion: $23.98 per share
Shares owned after transaction: 55,850 shares
+4 more
7 metrics
RSUs exercised
14,500 units
Converted into common stock on April 1, 2026
Share price at conversion
$23.98 per share
Common stock transaction price on April 1, 2026
Shares owned after transaction
55,850 shares
Direct HPE common stock holdings following Form 4 transactions
Original RSU grant
14,235 RSUs
Granted on May 2, 2025, cliff vested at 2026 Annual Stockholders Meeting
Dividend equivalents at $20.83
88.8406 rights
Credited on July 17, 2025 for HPE dividends
Dividend equivalents at $22.96
80.5989 rights
Credited on October 17, 2025 for HPE dividends
Dividend equivalents at $21.44
94.6123 rights
Credited on January 16, 2026 plus 0.9482 de minimis adjustment
Key Terms
Restricted Stock Units, dividend equivalent rights, cliff vested, Annual Stockholders Meeting, +1 more
5 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 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."
de minimis adjustment financial
"and a de minimis adjustment of 0.9482 due to fractional rounding of the dividend equivalent rights."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did HPE director Regina Dugan do in this Form 4 filing for HPE?
Regina Dugan exercised 14,500 restricted stock units into 14,500 shares of Hewlett Packard Enterprise common stock on April 1, 2026, at $23.98 per share. This increased her direct common stock holdings to 55,850 shares after the transaction.
What restricted stock unit grant is referenced in Regina Dugan’s HPE Form 4?
The filing references a previously reported grant of 14,235 restricted stock units on May 2, 2025. These RSUs cliff vested on the date of Hewlett Packard Enterprise’s 2026 Annual Stockholders Meeting, triggering delivery of common shares upon vesting and exercise.
How were dividend equivalent rights treated on Regina Dugan’s HPE restricted stock units?
Dividend equivalent rights accrued on Regina Dugan’s RSUs when dividends were paid on HPE common stock. The filing details credits of 88.8406, 80.5989, and 94.6123 rights at specified share prices, plus a 0.9482 de minimis rounding adjustment, all reflected in the final RSU total.
Does Regina Dugan still hold any derivative securities from this HPE RSU grant?
No derivative securities from this RSU grant are shown as remaining. The Form 4 reports 14,500 restricted stock units exercised into common stock, and the derivative summary section for remaining derivative positions is empty in this filing.