NOSKI CHARLES H 4

What Happened Charles H. Noski, a member of Hewlett Packard Enterprise's Board of Directors, converted/exercised derivative securities into 14,499.052 shares on 2026-04-01. The filing records an acquisition price of $23.98 per share, totaling approximately $347,687. Noski elected to defer receipt of the common stock until he leaves the board (footnote F1), so this was not an open-market sale.

Key Details

• Transaction date: 2026-04-01; Form 4 filed 2026-04-03 (appears timely).
• Type: M = exercise/conversion of derivative securities (conversion of RSUs/dividend equivalents).
• Shares reported acquired: 14,499.052 at $23.98; reported value ≈ $347,687.
• A corresponding “disposed” line reflects the conversion of the derivative instrument, not an open-market sale of shares.
• Footnotes: F1 — Noski elected to defer receipt of common stock until termination of board service. F2–F4 — the reported amount includes vested RSU dividend-equivalent credits (several small allocations on 7/17/25, 10/17/25, and 1/16/26) and reflects previously granted RSUs that cliff vested at the 2026 Annual Meeting.
• Shares owned after the transaction: not specified in the filing.

Context

• This transaction reflects conversion of restricted stock units/dividend equivalents into shares (derivative exercise/conversion). Because Noski deferred receipt, there was no immediate open‑market purchase or sale of stock and it does not signal an immediate liquidity event.
• For retail investors, conversions and awards are typically routine compensation-related events for directors; purchases are generally more informative as bullish signals than conversions or deferred awards.