HPE (NYSE: HPE) EVP sells 112,652 shares, adds RSU dividend credits
Rhea-AI Filing Summary
Hewlett Packard Enterprise executive Neil B. MacDonald, EVP and GM, Server, reported open-market sales of HPE common stock. He sold 105,513 shares at a weighted average price of about $25.03 (with individual trade prices between $25.00 and $26.01) and 7,139 shares at $26.00 per share. After these transactions, he directly holds 56,493.544 common shares. On the derivative side, he received three awards of restricted stock units tied to dividend equivalents, covering 328.2950, 595.3828, and 974.9619 units, each representing a contingent right to one share of HPE common stock, bringing his reported RSU balance to 147,663.9619 units.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 105,513 | $25.03 | $2.64M |
| Sale | Common Stock | 7,139 | $26.00 | $186K |
| Grant/Award | Restricted Stock Units | 328.295 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 595.383 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 974.962 | $0.00 | -- |
Footnotes (1)
- The price in Column 4 is a weighted average price. The prices ranged from $25.00 to $26.01. Upon request, the reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, information regarding the number of shares at each price within the range. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. As previously reported, on 12/07/23, the reporting person was granted 155,087 restricted stock units ("RSUs"), 51,695 of which vested on 12/07/24, 49,393 of which vested on 12/07/25, and 49,394 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 328.2950 dividend equivalent rights at $21.44 per RSU credited to the reporting person's account on 01/16/26. As previously reported, on 12/09/24, the reporting person was granted 140,632 RSUs, 46,877 of which vested on 12/09/25, 44,789 of which will vest on 12/09/26, and 44,790 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 595.3828 dividend equivalent rights at $21.44 per RSU credited to the reporting person's account on 01/16/26. As previously reported, on 12/08/25, the reporting person was granted 146,689 RSUs, 48,896 of which will vest on each of 12/08/26 and 12/08/27, and 48,897 of which will vest on 12/08/28. 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 974.9619 dividend equivalent rights at $21.44 per RSU credited to the reporting person's account on 01/16/26.
FAQ
What insider transactions did HPE EVP Neil MacDonald report on this Form 4 for HPE?
What restricted stock unit (RSU) awards involving HPE stock were reported by Neil MacDonald?
Do Neil MacDonald’s RSU awards on HPE include dividend-equivalent rights?