Lane Raymond J. 4
4 · Hewlett Packard Enterprise Co · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
Hewlett Packard Enterprise (HPE) Director Raymond J. Lane Sells 14,500 Shares
What Happened
Raymond J. Lane, a director of Hewlett Packard Enterprise (HPE), had 14,500 restricted stock units (RSUs) convert (exercise/conversion of derivative, code M) and sold 14,500 resulting shares at $23.98 each on 2026-04-01, generating $347,710. The filing records both the conversion of derivative securities (vested RSUs) and the contemporaneous disposition of the same number of shares.
Key Details
- Transaction date: 2026-04-01; filing date (Form 4): 2026-04-03. Filing appears timely.
- Disposition: 14,500 shares sold at $23.98/share for total proceeds of $347,710.
- Acquisition/Conversion: 14,500 derivative securities reported as converted (RSU-related).
- Shares owned after the transaction: not specified in the Form 4 excerpt.
- Footnotes: F1 = each RSU equals a contingent right to one share; F2 = 14,235 RSUs were granted on 05/02/2025 and cliff-vested at the issuer’s 2026 Annual Meeting; dividend equivalents accrue and rounding produced the 14,500 figure reported.
- No 10b5-1 plan or tax-withholding specifics are stated in the provided filing.
Context: The activity reflects conversion/vesting of RSUs followed by a sale of the resulting shares. The filing does not state the reason for the sale (e.g., tax withholding or liquidity), and no inference about insider sentiment should be assumed from this routine compensation-related transaction.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-04-01$23.98/sh−14,500$347,710→ 989,564 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-04-01+14,500→ 0 total→ Common Stock (14,500 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- [F2]On 05/02/25, the reporting person was granted 14,235 restricted stock units ("RSUs"), all of which cliff vested on 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 vested RSUs and rounded dividend equivalent rights previously reflected in column 9.