REINER GARY M 4

What Happened Gary M. Reiner, a director of Hewlett Packard Enterprise Co (HPE), reported conversion/exercise of derivative securities on April 1, 2026. The filing shows 14,500 shares acquired at $23.98 per share for a total of $347,710. The same filing also shows a simultaneous disposition of 14,500 derivative securities (price reported as N/A).

Key Details

• Transaction date: 2026-04-01; Form 4 filed: 2026-04-03 (within the typical two-business-day reporting window).
• Acquired: 14,500 shares @ $23.98 = $347,710.
• Disposed: 14,500 derivative securities (price N/A).
• Shares owned after transaction: not specified in the provided filing.
• Footnotes: F1 notes each restricted stock unit (RSU) converts to one common share. F2 states these RSUs were originally granted 05/02/2025 (14,235 RSUs) and cliff-vested at HPE’s 2026 Annual Meeting; the 14,500 count reflects vested RSUs plus rounded dividend equivalent rights.
• The filing shows both acquisition and matching disposition of the same number of shares — filings like this commonly reflect conversion/settlement of RSUs with an equal number withheld or surrendered (often to cover taxes), though the form itself does not explain the reason.

Context This was a derivative conversion (code M) tied to previously granted RSUs that vested; it is not an open-market purchase or sale reflecting immediate market sentiment. When conversions are followed by an equal disposition it frequently indicates withholding/surrender for taxes or similar settlement mechanics rather than an independent sale. The filing appears timely based on the dates provided.