Lane Raymond J. 4

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.