Mayer Bethany 4
4 · Hewlett Packard Enterprise Co · Filed Apr 3, 2026
Research Summary
AI-generated summary of this filing
HPE Director Bethany Mayer Exercises RSUs, Acquires 14,500 Shares
What Happened Bethany Mayer, a director of Hewlett Packard Enterprise Co. (HPE), exercised/converted derivative awards on 2026-04-01 to acquire 14,500 shares of HPE common stock at an effective price of $23.98 per share, for a reported total value of $347,710. The filing also shows a corresponding disposition of 14,500 derivative securities — this reflects the conversion/vesting of the derivative awards (RSUs/dividend equivalents) into common shares, not an open-market sale.
Key Details
- Transaction date: 2026-04-01; Form 4 filed: 2026-04-03.
- Acquired: 14,500 shares @ $23.98 = $347,710 (transaction code M: exercise/conversion of derivative).
- Disposed: 14,500 derivative securities (reflects conversion of RSUs/dividend equivalents into shares); no market sale reported.
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 clarifies each restricted stock unit (RSU) equals a contingent right to one share. F2 explains the original grant was 14,235 RSUs (05/02/2025) that cliff vested at HPE’s 2026 Annual Meeting plus dividend equivalent rights credited on 07/17/25, 10/17/25 and 01/16/26, bringing the total to 14,500 (including a small rounding adjustment).
Context This was a conversion/vesting of equity awards (RSUs and accrued dividend equivalents) into common shares — a routine insider event that results in share ownership rather than an outright sale. The filing does not show any immediate sale of the acquired shares.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-04-01$23.98/sh+14,500$347,710→ 14,500 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-04-01−14,500→ 0 total→ Common Stock (14,500 underlying)
- 20,078(indirect: By Trust)
Common Stock
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 05/02/25, the reporting person was granted 14,235 restricted stock units ("RSUs"), all of which cliff vested on 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. 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 88.8406 dividend equivalent rights at $20.83 per RSU credited to the reporting person's account on 07/17/25, 80.5989 dividend equivalent rights at $22.96 per RSU credited to the reporting person's account on 10/17/25, 94.6123 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 0.9482 due to fractional rounding of the dividend equivalent rights.