NOSKI CHARLES H 4
Research Summary
AI-generated summary
HPE Director Charles Noski Receives RSU Award (8,750 units)
What Happened
Charles H. Noski, a director of Hewlett Packard Enterprise Co. (HPE), was granted 8,750 restricted stock units (RSUs) on 2026-05-01. The RSUs are a derivative award (no purchase price) that will cliff-vest on the earlier of 2027-05-01 or HPE’s 2027 annual meeting; Noski elected to defer receipt of the underlying common stock until termination of his board service. The filing also notes 378.5358 vested RSU dividend-equivalent units were credited to his account on 2026-04-23 at $27.93 each (≈ $10.6k).
Key Details
- Transaction date: 2026-05-01; Form 4 filed: 2026-05-05 (filed 4 days after the grant; Form 4s are normally due within 2 business days).
- Transaction type/code: A = Award/Grant (derivative RSUs); no cash paid (price = N/A).
- Award size: 8,750 RSUs; each RSU represents a contingent right to one share at vesting.
- Dividend equivalents: 378.5358 RSU dividend-equivalent rights credited at $27.93 per RSU on 2026-04-23 (≈ $10,572).
- Delivery/vesting: Cliff vesting on earlier of 2027-05-01 or the 2027 annual meeting; reporting person elected to defer actual stock receipt until board service ends.
- Shares owned after transaction: not specified in the provided filing.
Context: This was a standard director equity grant (compensation), not an open-market buy or sale. RSU awards are common for non-employee directors and represent a contingent claim on shares at vesting; deferral elections mean the shares (or their cash equivalent) won’t be delivered until the director leaves the board.