CALDERONI ROBERT 4

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).