HPE (NYSE: HPE) director receives 8,750 RSU equity award
Rhea-AI Filing Summary
DAMELIO FRANK A reported acquisition or exercise transactions in this Form 4 filing.
Hewlett Packard Enterprise director Frank A. D’Amelio received a grant of 8,750 restricted stock units on May 1, 2026. Each RSU represents a contingent right to one share of common stock and will cliff vest on the earlier of May 1, 2027 or the company’s 2027 annual stockholders meeting.
Dividend equivalent rights accrue on these RSUs when dividends are paid, and D’Amelio has elected to defer receiving the common shares until his service on the board ends. The filing also shows 47,721.7622 common shares held indirectly through Merrill Lynch and 3,444 shares held directly, including 144.4031 vested RSU dividend equivalents credited on April 23, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
DAMELIO FRANK A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 8,750 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 8,750 shares (Direct);
Common Stock — 3,444 shares (Direct);
Common Stock — 47,721.7622 shares (Indirect, By Merrill Lynch)
Footnotes (4)
- F1. The reporting person elected to defer the receipt of common stock until the termination of his service as a member of the Issuer's Board of Directors.
- F2. The number of shares in column 5 includes 144.4031 vested restricted stock unit ("RSU") dividend equivalent rights at $27.93 per RSU credited to the reporting person's account on 04/23/26.
- F3. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F4. On 05/01/26, the reporting person was granted 8,750 restricted stock units ("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 reporting person elected to defer the receipt of common stock until the termination of his service as a member of the Issuer's Board of Directors.
Key Figures
RSU grant: 8,750 RSUs
Indirect common shares: 47,721.7622 shares
Direct common shares: 3,444 shares
+2 more
5 metrics
RSU grant
8,750 RSUs
Granted on May 1, 2026 to director Frank A. D’Amelio
Indirect common shares
47,721.7622 shares
Common stock held indirectly by Merrill Lynch after transactions
Direct common shares
3,444 shares
Common stock held directly by Frank A. D’Amelio after transactions
Dividend equivalent RSUs
144.4031 RSU equivalents
Vested RSU dividend equivalent rights credited on April 23, 2026
Dividend equivalent credit price
$27.93 per RSU
Price used for vested RSU dividend equivalent rights
Key Terms
restricted stock unit, dividend equivalent rights, cliff vest, contingent right
4 terms
restricted stock unit financial
"The reporting person was granted 8,750 restricted stock units ("RSUs"), all of which will cliff vest..."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
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 vest financial
"8,750 restricted stock units ("RSUs"), all of which will cliff vest on the earlier of 05/01/27..."
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."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did HPE director Frank A. D’Amelio receive in this Form 4 filing for HPE?
Frank A. D’Amelio received a grant of 8,750 restricted stock units (RSUs) from Hewlett Packard Enterprise. Each RSU represents a contingent right to one HPE common share, providing equity-based compensation tied directly to future company stock performance.
When do Frank A. D’Amelio’s 8,750 HPE RSUs vest?
The 8,750 HPE RSUs cliff vest on the earlier of May 1, 2027 or the company’s 2027 Annual Stockholders Meeting. Cliff vesting means the full award vests at once rather than in installments over multiple dates.
What are dividend equivalent rights on HPE RSUs for Frank A. D’Amelio?
Dividend equivalent rights credit additional RSU-based value when HPE pays common stock dividends. D’Amelio’s holdings include 144.4031 vested RSU dividend equivalent rights at $27.93 per RSU, showing how dividends can increase his effective equity position over time.
What does each restricted stock unit represent in HPE’s Form 4 for Frank A. D’Amelio?
Each restricted stock unit represents a contingent right to receive one HPE common share. The right becomes actual stock only after vesting conditions are met and any elected deferral period ends, linking director compensation to shareholder value.