Mayer Bethany 4
Research Summary
AI-generated summary
HPE Director Bethany Mayer Sells Shares, Receives RSU Award
What Happened
Bethany Mayer, a director of Hewlett Packard Enterprise Co (HPE), reported two transactions: she sold 6,482 shares in an open-market/private sale on 2026-05-05 for $29.10 each (totaling $188,626), and she was granted 8,750 restricted stock units (RSUs) on 2026-05-01 (derivative award, no per-share price listed).
Key Details
- Transaction dates and prices:
- 2026-05-05: Sale of 6,482 shares @ $29.10 = $188,626 (Disposition, code S).
- 2026-05-01: Grant of 8,750 RSUs (derivative award, code A); no price applicable.
- Shares owned after transaction: Not specified in this filing.
- Footnotes:
- F1: Each RSU represents a contingent right to receive one share of HPE common stock.
- F2: The 8,750 RSUs cliff vest on the earlier of 05/01/27 or HPE's 2027 Annual Meeting; dividend equivalents accrue on these RSUs.
- Remarks: The sale was executed pursuant to a trading plan adopted on 12/17/25 (as noted in the filing).
- Filing timeliness: Form 4 filed 2026-05-05 for transactions on 05/01/26 and 05/05/26 — no late filing indicated.
Context
- The sale was a disposal (often routine), while the RSU grant is an executive/director compensation award (not a cash purchase). RSUs are a form of equity compensation that convert to shares upon vesting; this grant does not immediately increase share count until vested/delivered.