Hewlett Packard Enterprise Co·4

Apr 3, 4:51 PM ET

CALDERONI ROBERT 4

4 · Hewlett Packard Enterprise Co · Filed Apr 3, 2026

Research Summary

AI-generated summary of this filing

Updated

HPE Director Robert Calderoni Exercises RSUs to Receive 8,008 Shares

What Happened

  • Robert Calderoni, a director of Hewlett Packard Enterprise (HPE), had restricted stock units (RSUs) cliff-vest on 2026-04-01 and the vested derivative rights were converted/exercised into 8,008 shares of HPE common stock. The reported fair market value used was $23.98 per share, giving a total value of approximately $192,032.
  • The filing shows both an "Acquired" entry for 8,008 shares at $23.98 (total ~$192K) and a matching "Disposed" entry for 8,008 derivative securities (the RSU/dividend-equivalent rights) — the disposed entry reflects conversion of the derivative award into actual shares.

Key Details

  • Transaction date: 2026-04-01; filing date: 2026-04-03 (filed within the usual Form 4 reporting window).
  • Acquired: 8,008 shares at $23.98 per share — total value reported $192,032.
  • Disposed: 8,008 derivative securities (RSUs/dividend-equivalent rights) marked N/A for price — this represents the RSUs being converted into shares.
  • Original grant: 7,862 RSUs granted 07/16/2025 that cliff-vested 04/01/2026; dividend-equivalent rights (≈146 aggregate) increased the delivered share count to 8,008 (see footnotes F1–F2).
  • Post-transaction total shares owned by the reporting person is not specified in the provided excerpt.

Context

  • This was not a sale; it was the vesting and conversion of RSU-based derivative awards into common stock — a routine executive/director compensation event rather than an open-market purchase or sale.
  • Footnotes clarify that each RSU converts to one share and that dividend-equivalent rights were credited across prior dividend dates and included in the conversion.
  • Filing appears timely (within the standard two-business-day window for Form 4s).

Insider Transaction Report

Form 4
Period: 2026-04-01
Transactions
  • Exercise/Conversion

    Common Stock

    2026-04-01$23.98/sh+8,008$192,0328,008 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F2]
    2026-04-018,0080 total
    Common Stock (8,008 underlying)
Footnotes (2)
  • [F1]Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
  • [F2]As previously reported, on 07/16/25, the reporting person was granted 7,862 restricted stock units ("RSUs"), all of which cliff vested on 04/01/26, 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 49.0667 dividend equivalent rights at $20.83 per RSU credited to the reporting person's account on 07/17/25, 44.5148 dividend equivalent rights at $22.96 per RSU credited to the reporting person's account on 10/17/25, and 52.2544 dividend equivalent rights at $21.44 per RSU credited to the reporting person's account on 01/16/26 vested dividend equivalent rights, and a de minimis adjustment of 0.1641 due to fractional rounding of the dividend equivalent rights.
Signature
Jonathan Sturz as Attorney-in-Fact for Robert M. Calderoni|2026-04-03

Documents

1 file
  • 4
    form4.xmlPrimary

    STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES