Hewlett Packard Enterprise: Russo acquires 616 shares

The 616 common shares are deferred until Patricia F. Russo's service as a board member ends.

(Neutral)

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

Rhea-AI Filing Summary

Hewlett Packard Enterprise Co director Patricia F. Russo acquired 616 common shares on September 30, 2026, issued under the 2021 Stock Incentive Plan in lieu of a $39,375 Q2 cash retainer for Board Year 2026. She elected to defer receipt until her board service ends. After the transaction, her reported common-stock holdings were 15,318 shares directly and 368,831.0929 shares indirectly through Merrill Lynch; the latter includes 928.5987 vested RSU dividend equivalent rights credited at $47.39 per RSU. On July 15, 2026, she also received 26.3109 dividend equivalent rights tied to RSUs; her reported derivative securities position was 8,776.3109.

Insider Trade Summary

Grant/Award: 642.3109 shares

Grant/Award 3 txns

Insider RUSSO PATRICIA F

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock ^{F1, F2, F3}	616	$63.89	$39K
holding	Common Stock	--	--	--
Grant/Award	Restricted Stock Units ^{F4, F5}	26.3109	--	--

Holdings After Transaction: Restricted Stock Units — 8,776.3109 contracts (Direct); Common Stock — 368,831.0929 shares (Indirect, By Merrill Lynch); Common Stock — 15,318 shares (Direct)

Footnotes (5)

F1. These shares were issued to the reporting person pursuant to the Issuer's 2021 Stock Incentive Plan in lieu of Q2 cash retainer of $39,375 for Issuer's Board Year 2026.
F2. 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.
F3. The number of shares in column 5 includes 928.5987 vested restricted stock unit ("RSU") dividend equivalent rights at $47.39 per RSU credited to the reporting person's account on 07/15/26.
F4. Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's common stock.
F5. As previously reported, on 05/01/26, the reporting person was granted 8,750 RSUs, all of which will cliff vest on the earlier of 05/01/27 or the date of Issuer's 2027 Annual Stockholders Meeting. 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 26.3109 dividend equivalent rights at $47.39 per RSU credited to the reporting person's account on 07/15/26.

Key Figures

Common shares acquired: 616 shares Q2 cash retainer: $39,375 Reported per-share amount: $63.89 per share +5 more

8 metrics

Common shares acquired 616 shares September 30, 2026; issued in lieu of a Q2 cash retainer.

Q2 cash retainer $39,375 For the Issuer's Board Year 2026; shares were issued in lieu of the retainer.

Reported per-share amount $63.89 per share Common-stock award reported September 30, 2026.

Direct common-stock holdings 15,318 shares Reported after the September 30, 2026 transaction.

Indirect common-stock holdings 368,831.0929 shares Reported after the September 30, 2026 transaction; held through Merrill Lynch and includes 928.5987 vested RSU dividend equivalent rights.

Dividend equivalent rights 26.3109 rights Credited July 15, 2026, with respect to RSUs.

Dividend equivalent value $47.39 per RSU Value stated for dividend equivalent rights credited July 15, 2026.

Reported derivative securities position 8,776.3109 derivative securities Reported after the July 15, 2026 dividend equivalent credit.

Key Terms

2021 Stock Incentive Plan, dividend equivalent rights, cliff vest, contingent right

4 terms

2021 Stock Incentive Plan financial

"issued to the reporting person pursuant to the Issuer's 2021 Stock Incentive Plan"

dividend equivalent rights financial

"26.3109 dividend equivalent rights at $47.39 per RSU credited to the reporting person's account"

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 vest financial

"all of which will cliff vest on the earlier of May 1, 2027, or the date of the Issuer's 2027 Annual Stockholders Meeting"

A cliff vest is a schedule for stock options or restricted shares where no ownership rights are earned until a fixed date, after which a set portion becomes fully owned all at once — like a probation period that suddenly unlocks pay. Investors watch cliff vests because they influence when insiders can sell shares, affect staff retention and dilution timing, and help predict short-term changes in a company’s shareholder makeup.

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.

When will Patricia F. Russo receive the 616 HPE shares issued for her retainer?

Russo elected to defer receipt of the common shares until termination of her service as a member of Hewlett Packard Enterprise Co's board.

When do Patricia F. Russo's 8,750 HPE RSUs vest?

The 8,750 RSUs granted May 1, 2026, will cliff vest on the earlier of May 1, 2027, or the date of HPE's 2027 Annual Stockholders Meeting. Dividend equivalent rights accrue when and as dividends are paid on HPE common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

Available on EDGAR 10/02/2026 - 05:24 PM Accepted by SEC EDGAR 10/02/2026 - 05:24 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

RUSSO PATRICIA F

(Last)

(First)

(Middle)

C/O HEWLETT PACKARD ENTERPRISE COMPANY

1701 E MOSSY OAKS ROAD

(Street)

SPRING

TEXAS

77389

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Hewlett Packard Enterprise Co [ HPE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								15,318	D
Common Stock	09/30/2026		A		616⁽¹⁾	A	$63.89	368,831.0929⁽²⁾⁽³⁾	I	By Merrill Lynch

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽⁴⁾	07/15/2026		A		26.3109⁽⁵⁾		⁽⁵⁾	⁽⁵⁾	Common Stock	26.3109	⁽⁵⁾	8,776.3109	D

Explanation of Responses:

1. These shares were issued to the reporting person pursuant to the Issuer's 2021 Stock Incentive Plan in lieu of Q2 cash retainer of $39,375 for Issuer's Board Year 2026.

2. 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.

3. The number of shares in column 5 includes 928.5987 vested restricted stock unit ("RSU") dividend equivalent rights at $47.39 per RSU credited to the reporting person's account on 07/15/26.

4. Each Restricted Stock Unit represents a contingent right to receive one share of Issuer's common stock.

5. As previously reported, on 05/01/26, the reporting person was granted 8,750 RSUs, all of which will cliff vest on the earlier of 05/01/27 or the date of Issuer's 2027 Annual Stockholders Meeting. 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 26.3109 dividend equivalent rights at $47.39 per RSU credited to the reporting person's account on 07/15/26.

	Ki Hoon Kim as Attorney-in-Fact for Patricia F. Russo	10/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR