HPE director exercises 14,500 stock units
Hewlett Packard Enterprise director Pamela L. Carter exercised 14,500 restricted stock units into 14,500 shares of common stock.
Rhea-AI Filing Summary
Hewlett Packard Enterprise director Pamela L. Carter exercised 14,500 restricted stock units into 14,500 shares of common stock. The RSUs, originally granted on 05/02/25 and cliff vesting at the 2026 Annual Stockholders Meeting, included additional dividend equivalent rights that increased the final unit count.
Following the conversion on 04/01/26, she holds 132,170 shares of common stock directly and 41,001.5674 shares indirectly through Merrill Lynch. Carter elected to defer receipt of the common stock until her service on the Board of Directors ends, so the shares will be delivered at that time rather than immediately.
Positive
- None.
Negative
- None.
Insider Trade Summary
14,500 shares exercised/converted
Exercise
3 txns
Insider
Carter Pamela L
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 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 contracts (Direct);
Common Stock — 132,170 shares (Direct);
Common Stock — 41,001.5674 shares (Indirect, By Merrill Lynch)
Footnotes (4)
- F1. 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.
- F2. The number of shares in column 5 includes 201.3409 vested restricted stock unit ("RSU") dividend equivalent rights at $20.83 per RSU credited to the reporting person's account on 07/17/25, 182.6625 dividend equivalent rights at $22.96 per RSU credited to the reporting person's account on 10/17/25, and 214.4213 dividend equivalent rights at $21.44 per RSU credited to the reporting person's account on 01/16/26.
- F3. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F4. 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
Direct common shares after transaction: 132,170 shares
Indirect common shares: 41,001.5674 shares
+2 more
5 metrics
RSUs exercised
14,500 units
Restricted stock units converted to common stock on 04/01/26
Direct common shares after transaction
132,170 shares
Total direct HPE holdings following RSU conversion
Indirect common shares
41,001.5674 shares
Indirect HPE holdings by Merrill Lynch after transaction
RSU grant date
05/02/25
Original grant date of 14,235 RSUs to Carter
Dividend equivalent credits
multiple credits
Additional RSU amounts credited on 07/17/25, 10/17/25, 01/16/26
Key Terms
restricted stock units, dividend equivalent rights, cliff vested, indirect ownership, +1 more
5 terms
restricted stock units financial
"As previously reported, on 05/02/25, the reporting person was granted 14,235 restricted stock units"
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"
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
"14,235 restricted stock units ("RSUs"), all of which cliff vested on the date of Issuer's 2026 Annual Stockholders Meeting"
indirect ownership financial
"total shares following transaction 41,001.5674, direct_or_indirect "I", nature_of_ownership "By Merrill Lynch""
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Pamela L. Carter report for HPE on this Form 4?
Pamela L. Carter reported exercising 14,500 restricted stock units into 14,500 shares of Hewlett Packard Enterprise common stock. These RSUs were granted on 05/02/25 and cliff vested at the company’s 2026 Annual Stockholders Meeting, including additional dividend equivalent rights credited over time.
What are restricted stock units (RSUs) in the context of HPE director compensation?
Each restricted stock unit represents a contingent right to receive one share of Hewlett Packard Enterprise common stock. Carter’s RSUs were granted as director compensation, cliff vested at the 2026 Annual Stockholders Meeting, and carried dividend equivalent rights that credited additional units when dividends were paid.
How did dividend equivalent rights affect Pamela L. Carter’s HPE RSUs?
Dividend equivalent rights added fractional RSU amounts whenever HPE paid dividends on its common stock. Footnotes detail multiple credits at specific per‑RSU values and dates, which increased the total number of RSUs and related derivative securities ultimately converted into HPE common shares for Carter.
AI-generated analysis. How Rhea-AI works. Not financial advice.
