Carter Pamela L 4
Research Summary
AI-generated summary
Hewlett Packard Enterprise (HPE) Director Pamela Carter Receives Award
What Happened
- Pamela L. Carter, a director of Hewlett Packard Enterprise Co (HPE), was granted 8,750 restricted stock units (RSUs) on 2026-05-01 (transaction code A — award/grant; derivative). The grant is reported as a derivative award (no per-share acquisition price reported).
- The filing also shows 164.5969 vested RSU dividend equivalent rights were credited to her account on 2026-04-23 at $27.93 per RSU (≈ $4,599). Carter elected to defer receipt of common stock until she leaves the Board.
Key Details
- Transaction date: 2026-05-01 (Form 4 filed 2026-05-05 — within standard two business days).
- Award: 8,750 RSUs granted; no cash purchase price (derivative award).
- Dividend equivalents: 164.5969 RSU dividend equivalents credited at $27.93 each (~$4,599) on 2026-04-23.
- Vesting: The 8,750 RSUs cliff vest on the earlier of 05/01/27 or the Issuer’s 2027 Annual Stockholders Meeting; dividend equivalents accrue when dividends are paid.
- Deferral: The reporting person elected to defer receipt of the underlying common stock until termination of Board service (per footnote).
- Shares owned after transaction: The filing lists the RSU grant and credited dividend equivalents; it does not report a specific total of common shares delivered to Carter now (receipt is deferred).
Context
- RSUs are a contingent right to receive shares upon vesting (not an immediate purchase or sale). Because Carter elected to defer receipt, she will receive shares (or possibly cash) only after her Board service ends per the deferral arrangement.
- This type of director RSU grant is a routine compensation event and should be interpreted as compensation, not a direct buy/sell signal.