rahim rami 4
4 · Hewlett Packard Enterprise Co · Filed Feb 24, 2026
Research Summary
AI-generated summary of this filing
HPE EVP Rami Rahim Exercises Options, Withholds Shares for Taxes
What Happened
- Rami Rahim, EVP and President, GM Networking at Hewlett Packard Enterprise (HPE), exercised/converted derivative awards on Feb 20, 2026 to acquire 177,858 shares of HPE common stock at $21.37 per share (gross value ≈ $3,800,826).
- To satisfy tax obligations related to the vesting/exercise, 88,324 shares were withheld/disposed (payment of exercise price/tax liability) at $21.37 per share (value ≈ $1,887,484). After withholding, the filing shows he retained approximately 89,534 shares net.
- These transactions reflect exercised/converted derivative securities and tax-withholding rather than an open-market sale.
Key Details
- Transaction date: 2026-02-20; Form 4 filed 2026-02-24 (filed within required 2 business days).
- Exercise/Conversion: 43,769 shares ($935,344) and 134,089 shares ($2,865,482) at $21.37 each — total 177,858 shares (≈ $3.80M).
- Tax withholding/disposition: 21,842 shares ($466,764) and 66,482 shares ($1,420,720) at $21.37 each — total 88,324 shares (≈ $1.89M).
- Net shares retained after withholding: ~89,534. The filing does not state total shares owned following the transaction beyond these amounts.
- Footnotes: RSUs represent contingent rights to one share (F1). Prior conversions and vesting schedules explain the vested amounts (F2, F3). Dividend-equivalent rights from earlier grants are reflected as fractional derivative amounts (F4, F5).
- Transaction codes: M = exercise/conversion of derivative; F = payment of exercise price/tax withholding (cashless/withhold to cover taxes).
Context
- This was an exercise/vesting event with shares withheld to cover taxes (a routine cashless mechanism), not an open-market sale that might signal a change in conviction.
- The filing is timely. No indication of a 10% owner or a 10b5-1 plan is provided in the filing.
Insider Transaction Report
Form 4
rahim rami
EVP, Pres GM Networking
Transactions
- Exercise/Conversion
Common Stock
2026-02-20$21.37/sh+43,769$935,344→ 43,769 total - Tax Payment
Common Stock
2026-02-20$21.37/sh−21,842$466,764→ 21,927 total - Exercise/Conversion
Common Stock
2026-02-20$21.37/sh+134,089$2,865,482→ 156,016 total - Tax Payment
Common Stock
2026-02-20$21.37/sh−66,482$1,420,720→ 89,534 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-02-20−43,769→ 109,401 total→ Common Stock (43,769 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-02-20−134,089→ 260,290 total→ Common Stock (134,089 underlying) - Award
Restricted Stock Units
[F1][F4]2025-10-17+1,802.995→ 149,201.201 total→ Common Stock (1,802.995 underlying) - Award
Restricted Stock Units
[F1][F5]2025-10-17+2,756.372→ 226,697.372 total→ Common Stock (2,756.372 underlying)
Holdings
- 254,162(indirect: By Trust)
Common Stock
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- [F2]As previously reported, on 07/02/25, the reporting person's 02/20/24 equity award was converted into 218,800 Restricted Stock Units ("RSUs"), 65,631 of which vested on 07/02/25, 43,769 of which vested on 02/20/26, and 109,400 of which will vest on 07/03/26.
- [F3]As previously reported, on 07/02/25, the reporting person's 02/20/25 equity award was converted into 394,379 RSUs, 134,089 of which vested on 02/20/26, and 260,290 of which will vest on 07/03/26.
- [F4]As previously reported, on 07/17/2025, the reporting person was granted 146,484 RSUs, 48,828 of which will vest on each of 07/02/26, 07/02/27, and 07/02/28. 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 829.3955 dividend equivalent rights at $22.96 per RSU credited to the reporting person's account on 10/17/25, and 973.5993 dividend equivalent rights at $21.44 per RSU credited to the reporting person's account on 01/16/26.
- [F5]As previously reported, on 09/30/2025, the reporting person was granted 223,941 RSUs, 74,647 of which will vest on each of 12/15/26, 12/15/27 and 12/15/28. The number of derivative securities in column 5 reflects 1,267.9586 dividend equivalent rights at $22.96 per RSU credited to the reporting person's account on 10/17/25, and 1,488.4138 dividend equivalent rights at $21.44 per RSU credited to the reporting person's account on 01/16/26.
Signature
Jonathan Sturz as Attorney-in-Fact for Rami Rahim|2026-02-24