Hewlett Packard Enterprise Co·4

May 5, 5:27 PM ET

REINER GARY M 4

Research Summary

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Hewlett Packard Enterprise Director Gary Reiner Receives 8,750 RSUs

What Happened

  • Gary M. Reiner, a director of Hewlett Packard Enterprise (HPE), received an award of 8,750 restricted stock units (RSUs) on 2026-05-01 (transaction code A). No purchase price or immediate cash value is listed in the filing; these are derivative awards that convert to common shares upon vesting.

Key Details

  • Transaction date: 2026-05-01; Form 4 filed 2026-05-05 (filing shows grant recorded on that date).
  • Award type: 8,750 RSUs (derivative). Each RSU represents a contingent right to one share of HPE common stock.
  • Vesting: All 8,750 RSUs cliff-vest on the earlier of 05/01/2027 or HPE's 2027 Annual Stockholders Meeting.
  • Dividend treatment: Dividend equivalent rights accrue when and as dividends are paid on HPE common stock.
  • Ownership notes: Footnotes indicate a bookkeeping transfer on 04/08/26 shifted 16,295 shares from direct to indirect holdings (JPMorgan Chase account), decreasing reported direct ownership and increasing indirect ownership by the same amount — not a net change in total beneficial ownership.
  • Price/Value: Filing does not report a grant value or per-share price for these RSUs.

Context

  • This is an equity award (compensation/retention) rather than an open-market purchase or sale; such grants are common for directors and indicate future potential share issuance upon vesting rather than an immediate market signal. The RSUs will only become shares if and when they vest under the stated schedule.