Hewlett Packard Enterprise (NYSE: HPE) SVP reports 73,345 RSU grant and share withholding
Rhea-AI Filing Summary
Hewlett Packard Enterprise (HPE) insider activity centers on stock awards and tax withholding. Jeremy K. Cox, SVP, Controller & CTO, converted 22,166 restricted stock units (RSUs) into common stock on 12/08/2025 at a price of $23.86 per share. To cover taxes on this vesting, 8,724 shares were withheld, leaving him with 63,503 shares of HPE common stock held directly.
The filing also reports new equity compensation. On 12/08/2025, Cox received a grant of 73,345 RSUs, each representing a contingent right to one HPE share. These RSUs are scheduled to vest in three installments: 24,448 units on 12/08/2026, 24,448 units on 12/08/2027, and 24,449 units on 12/08/2028. Dividend equivalent rights accrue on these RSUs when dividends are paid on HPE common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 22,166 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 73,345 | $0.00 | -- |
| Exercise | Common Stock | 22,166 | $23.86 | $529K |
| Tax Withholding | Common Stock | 8,724 | $23.86 | $208K |
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock. As previously reported, on 12/08/22, the reporting person was granted 61,387 restricted stock units ("RSUs"), 20,462 of which vested on 12/08/23, 20,462 of which vested on 12/08/24, and 20,463 of which vested 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 vested RSUs and rounded dividend equivalent rights previously reflected in column 9. On 12/08/25, the reporting person was granted 73,345 RSUs, 24,448 of which will vest on 12/08/26 and 12/08/27, and 24,449 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.
FAQ
What insider transaction did HPE executive Jeremy K. Cox report?
Jeremy K. Cox, SVP, Controller & CTO of Hewlett Packard Enterprise (HPE), reported the vesting of 22,166 restricted stock units into common stock on 12/08/2025, with some shares withheld to cover taxes.
What was the price used for the HPE stock transactions in this Form 4?
The Form 4 discloses a share price of $23.86 for both the RSU conversion and the related share withholding to cover tax obligations.
What new restricted stock unit grant did HPE report for Jeremy K. Cox?
On 12/08/2025, Jeremy K. Cox received a new grant of 73,345 restricted stock units (RSUs), each representing a contingent right to receive one share of HPE common stock.
What is the vesting schedule for the 73,345 HPE RSUs granted to Jeremy K. Cox?
The 73,345 RSUs vest in three tranches: 24,448 units on 12/08/2026, 24,448 units on 12/08/2027, and 24,449 units on 12/08/2028.
Do the HPE RSUs granted to Jeremy K. Cox include dividend equivalent rights?
Yes. The filing states that dividend equivalent rights accrue on the RSUs when and as dividends are paid on HPE common stock, increasing the number of units over time.