Mayer Bethany 4

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.