HPE CEO Neri sells 250,000 shares at $60.44
HPE’s CEO, through a revocable trust, executed a pre-planned sale of 250,000 shares and shifted over 1.68 million shares from direct ownership into the trust.
Rhea-AI Filing Summary
Hewlett Packard Enterprise Co (HPE) reported that President and CEO Antonio F. Neri, through the Antonio Neri Revocable Trust, sold 250,000 shares of common stock on September 11, 2026 at a weighted average price of $60.44 per share, under a Rule 10b5-1 trading plan adopted on June 4, 2026. On May 1, 2026, 1,682,393 shares were transferred as a bona fide gift from his direct holdings to the revocable trust, reducing his direct ownership to 4,936 shares and increasing his indirect beneficial ownership by the same amount. On April 23, 2026, additional restricted stock units and related dividend equivalent rights were credited to his account under three previously granted equity awards, each representing a contingent right to receive Hewlett Packard Enterprise common stock.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 250,000 shares
Net Sell
6 txns
Insider
Neri Antonio F
Role
President and CEO
Sold
250,000 shs ($15.11M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F3 | 250,000 | $60.442 | $15.11M |
| Gift | Common Stock F1 | 1,682,393 | $0.00 | $0.00 |
| Gift | Common Stock F2 | 1,682,393 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F4, F5 | 1,291.3995 | -- | -- |
| Grant/Award | Restricted Stock Units F4, F6 | 2,122.4995 | -- | -- |
| Grant/Award | Restricted Stock Units F4, F7 | 3,419.8185 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 871,021.898 contracts (Direct);
Common Stock — 4,936 shares (Direct);
Common Stock — 1,432,393 shares (Indirect, Revocable Trust)
Footnotes (7)
- F1. The total direct beneficial ownership reflects a decrease of 1,682,393 shares due to transfer of the shares into the Antonio Neri Revocable Trust, Antonio F. Neri as Trustee at JP Morgan Chase on 05/01/26.
- F2. The total indirect beneficial ownership reflects an increase of 1,682,393 shares due to transfer of the shares previously reported as being held directly by the reporting person into the Antonio Neri Revocable Trust, Antonio F. Neri as Trustee at JP Morgan Chase on 05/01/26.
- F3. The price in Column 4 is a weighted average price. The prices ranged from $60.00 to $61.08. 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.
- F4. Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F5. As previously reported, on 12/07/23, the reporting person was granted 496,278 restricted stock units ("RSUs"), 165,426 of which vested on 12/07/24, 159,255 of which vested on 12/07/25, and 159,255 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 812.5255 dividend equivalent rights at $27.93 per RSU credited to the reporting person's account on 04/23/26, and 478.8740 dividend equivalent rights at $47.39 per RSU credited to the reporting person's account on 07/15/26.
- F6. As previously reported, on 12/09/24, the reporting person was granted 407,832 RSUs, 135,944 of which vested on 12/09/25, and 130,873 of which will vest on each of 12/09/26 and 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 1,335.4388 dividend equivalent rights at $27.93 per RSU credited to the reporting person's account on 04/23/26, and 787.0607 dividend equivalent rights at $47.39 per RSU credited to the reporting person's account on 07/15/26.
- F7. As previously reported, on 12/08/25, the reporting person was granted 421,731 RSUs, 140,577 of which will vest on each of 12/08/26, 12/08/27 and 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 2,151.6888 dividend equivalent rights at $27.93 per RSU credited to the reporting person's account on 04/23/26, and 1,268.1297 dividend equivalent rights at $47.39 per RSU credited to the reporting person's account on 07/15/26.
Key Figures
Shares sold: 250,000 shares
Weighted average sale price: $60.44 per share
Sale price range: $60.00–$61.08 per share
+5 more
8 metrics
Shares sold
250,000 shares
Common stock sold indirectly through revocable trust on September 11, 2026
Weighted average sale price
$60.44 per share
Average price for 250,000 HPE shares sold on September 11, 2026
Sale price range
$60.00–$61.08 per share
Price range for the September 11, 2026 share sales
Shares transferred to revocable trust
1,682,393 shares
Bona fide gift from direct holdings into Antonio Neri Revocable Trust on May 1, 2026
Direct shares after transfer
4,936 shares
Direct beneficial ownership of HPE common stock after May 1, 2026 transfer
RSUs credited on April 23, 2026 (grant 2023)
1,291.3995 restricted stock units
Dividend equivalent rights credited under the December 7, 2023 RSU grant
RSUs credited on April 23, 2026 (grant 2024)
2,122.4995 restricted stock units
Dividend equivalent rights credited under the December 9, 2024 RSU grant
RSUs credited on April 23, 2026 (grant 2025)
3,419.8185 restricted stock units
Dividend equivalent rights credited under the December 8, 2025 RSU grant
Key Terms
Rule 10b5-1 trading plan, restricted stock units, dividend equivalent rights, bona fide gift, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The reported transaction occurred pursuant to a trading plan adopted on 06/04/26 by the Antonio Neri Revocable Trust"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"the reporting person was granted 496,278 restricted stock units ("RSUs"), 165,426 of which vested on 12/07/24"
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 on Issuer's common stock"
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.
bona fide gift financial
"The total direct beneficial ownership reflects a decrease of 1,682,393 shares due to transfer of the shares"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
beneficial ownership financial
"The total indirect beneficial ownership reflects an increase of 1,682,393 shares due to transfer of the shares"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did HPE’s CEO report on this Form 4 for HPE?
Antonio F. Neri reported that his revocable trust sold 250,000 HPE common shares on September 11, 2026 under a pre-established Rule 10b5-1 trading plan, and he also reported internal transfers and updates to his restricted stock unit awards.
What change occurred in Antonio Neri’s direct and indirect HPE (HPE) ownership?
On May 1, 2026, 1,682,393 shares were transferred from Antonio Neri’s direct ownership into his revocable trust as a bona fide gift, reducing direct beneficial ownership to 4,936 shares and increasing indirect beneficial ownership by 1,682,393 shares.
What restricted stock unit activity for HPE’s CEO is disclosed?
On April 23, 2026, additional restricted stock units and associated dividend equivalent rights were credited under three existing RSU grants, including awards originally granted on December 7, 2023, December 9, 2024, and December 8, 2025, each representing contingent rights to HPE common shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
