HPE Form 4: CEO Sale of 83,334 Shares Under 10b5-1 Plan

Rhea-AI Filing Summary

Antonio F. Neri, President and CEO and a director of Hewlett Packard Enterprise Co (HPE), reported an insider sale on 08/28/2025. The Form 4 shows a disposition of 83,334 shares of HPE common stock at a weighted average price of $23.012 (prices ranged $23.00 to $23.045). After the transaction the filing reports 1,835,726 shares beneficially owned by Mr. Neri. The sale was executed under a Rule 10b5-1 trading plan adopted on 12/24/2024. The Form 4 was signed by an attorney-in-fact on 08/29/2025. All details are reported on the Form 4 and no additional context is provided in this filing.

Positive

• Transaction executed under a Rule 10b5-1 trading plan, indicating pre-planned and documented sale
• Clear disclosure of price range and weighted average price, enhancing transparency
• Post-transaction beneficial ownership reported (1,835,726 shares), providing ownership context

Negative

• Insider disposition of 83,334 shares could be viewed negatively by some investors despite being pre-planned

Insights

Financial Analyst

TL;DR: CEO sold 83,334 shares under a 10b5-1 plan; filing discloses price range and remaining beneficial ownership.

The Form 4 shows a routine, pre-planned disposition under a Rule 10b5-1 trading plan adopted 12/24/2024. The transaction details are transparent: a weighted average sale price of $23.012 with a disclosed price range and a post-sale beneficial holding of 1,835,726 shares. From a trading-impact perspective, the filing documents compliance with insider trading frameworks and provides clear execution data but does not include broader context such as percentage of total outstanding shares or company rationale.

Corporate Governance Expert

TL;DR: Disclosure aligns with required Section 16 reporting and confirms use of an affirmative defense trading plan.

The report properly identifies the reporting person as both CEO and director and cites that the trade was made pursuant to a 10b5-1 plan, which supports an affirmative defense against insider trading allegations. The filing includes the weighted average price range and the post-transaction ownership figure, aiding transparency. The form lacks supplemental narrative on intent, but the documented plan adoption date and attorney-in-fact signature satisfy typical governance disclosure expectations.

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).

X

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^*

Neri Antonio F

(Last) (First) (Middle)

C/O HEWLETT PACKARD ENTERPRISE COMPANY

1701 E MOSSY OAKS ROAD

(Street)

SPRING TX 77389

(City) (State) (Zip)

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
X	Officer (give title below)		Other (specify below)
	President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
08/28/2025

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/28/2025		S		83,334	D	$23.012(1)	1,835,726	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price in Column 4 is a weighted average price. The prices ranged from $23.00 to $23.0450. 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.

Remarks:

The reported transaction occurred pursuant to a trading plan adopted on 12/24/24.

	Ki Hoon Kim as Attorney-in-Fact for Antonio F. Neri	08/29/2025
	** 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.

FAQ

What did Antonio F. Neri report on the Form 4 for HPE?

The Form 4 reports a sale of 83,334 shares of HPE common stock on 08/28/2025 and a post-sale beneficial ownership of 1,835,726 shares.

At what price were the HPE shares sold according to the Form 4?

The shares were sold at a weighted average price of $23.012, with prices in the range of $23.00 to $23.045.

Was the sale by the HPE CEO part of a trading plan?

Yes. The filing states the transaction occurred pursuant to a Rule 10b5-1 trading plan adopted on 12/24/2024.

Who signed the Form 4 filing for Antonio F. Neri?

The Form 4 was signed by Ki Hoon Kim as Attorney-in-Fact for Antonio F. Neri on 08/29/2025.

Does the Form 4 provide reasons for the sale?

No. The filing discloses transaction mechanics and the trading plan date but does not provide narrative reasons or company commentary.