Hewlett Packard Enterprise Co·4

Apr 2, 4:07 PM ET

Lane Raymond J. 4

4 · Hewlett Packard Enterprise Co · Filed Apr 2, 2026

Research Summary

AI-generated summary of this filing

Updated

HPE Director Raymond J. Lane Receives Stock Award

What Happened

  • Raymond J. Lane, a director of Hewlett Packard Enterprise (HPE), was issued 1,585 shares on 2026-03-31 under the company's 2021 Stock Incentive Plan. The shares are valued at $23.81 each, totaling about $37,739, and were issued in lieu of a $37,750 Q4 cash retainer for board service.
  • The filing also reports a derivative credit of 94.612 dividend-equivalent rights (recorded 2026-01-16) tied to previously granted restricted stock units (RSUs). These derivative credits reflect dividend equivalents on an earlier RSU grant.

Key Details

  • Transaction dates and amounts:
    • 2026-03-31: Award/acquisition of 1,585 shares at $23.81 — value ~$37,739. (Footnote F1)
    • 2026-01-16: 94.612 dividend-equivalent rights credited (derivative); value shown as N/A in main table. (Footnotes F2–F3)
  • Footnotes of note:
    • F1: Shares issued under the 2021 Stock Incentive Plan in lieu of the Q4 2025 cash retainer.
    • F2: Each RSU is a contingent right to one share.
    • F3: Lane received 14,235 RSUs on 05/02/25 that cliff vest on the earlier of 05/02/26 or the 2026 Annual Meeting; 94.6123 dividend-equivalent rights at $21.44 per RSU were credited 01/16/26.
  • Shares owned after the transaction: not specified in the filing.
  • Filing date: 2026-04-02 — appears to be filed within the normal two-business-day window for the 2026-03-31 transaction.
  • No 10b5-1 plan, tax-withholding sell-for-taxes, or late filing flag noted in the filing.

Context

  • The primary item is a compensation-related award (shares issued in lieu of a cash retainer) and a credit of dividend-equivalent units on previously granted RSUs. These are routine board compensation items and do not necessarily indicate the director’s personal trading sentiment.
  • For retail investors: purchases or open-market buys often carry different informational weight than routine awards or dividend-equivalent credits. This filing documents compensation and RSU-related activity rather than a discretionary buy or sell.

Insider Transaction Report

Form 4
Period: 2026-03-31
Transactions
  • Award

    Common Stock

    [F1]
    2026-03-31$23.81/sh+1,585$37,739975,064 total
  • Award

    Restricted Stock Units

    [F2][F3]
    2026-01-16+94.61214,499.052 total
    Common Stock (94.612 underlying)
Footnotes (3)
  • [F1]These shares were issued to the reporting person pursuant to the Issuer's 2021 Stock Incentive Plan in lieu of Q4 cash retainer of $37,750 for Issuer's Board Year 2025.
  • [F2]Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
  • [F3]As previously reported, on 05/02/25, the reporting person was granted 14,235 restricted stock units ("RSUs"), all of which will cliff vest on the earlier of 05/02/26 or the date of Issuer's 2026 Annual Stockholders Meeting. 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 94.6123 dividend equivalent rights at $21.44 per RSU credited to the reporting person's account on 01/16/26.
Signature
Jonathan Sturz as Attorney-in-Fact for Raymond J. Lane|2026-04-02

Documents

1 file
  • 4
    form4.xmlPrimary

    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES