rahim rami 4
4 · Hewlett Packard Enterprise Co · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
HPE EVP Rahim Rami Exercises Stock Awards, Withholds Shares for Taxes
What Happened
Rahim Rami, EVP and President, GM Networking at Hewlett Packard Enterprise (HPE), converted/ exercised vested derivative awards (RSUs/related rights) on July 2–3, 2026. The filings show a total of 1,122,365 shares acquired through conversion/vesting (aggregate value reported ≈ $46.3M). To satisfy tax withholding, 556,472 shares were disposed (withheld) valued ≈ $22.9M, leaving a net 565,893 shares. Those 565,893 shares (and an earlier 89,534-share transfer on 03/10/26) were transferred as gifts into the Rahim Family Trust. There was also a small grant/dividend-equivalent credit reported on 04/23/26 (1,142.556 dividend-equivalent rights).
Key Details
- Transaction types: M = exercise/conversion of derivative (vested RSUs/rights); F = shares withheld to pay taxes; G = gift (transfer to family trust); A = small grant/dividend-equivalent credit.
- Primary dates & amounts:
- 07/02/2026: 49,984 shares converted (≈ $2.06M); 24,783 shares withheld (≈ $1.02M).
- 07/03/2026: 308,311; 109,401; 260,290; 394,379 shares converted across awards (combined conversions shown ≈ 1,072,381 for that day) with corresponding withholdings of 152,861; 54,242; 129,052; 195,534 shares (total withheld 556,472). Aggregate value of conversions ≈ $46.3M; aggregate value of withheld shares ≈ $22.9M.
- 03/10/2026 & 07/07/2026: Gifts/transfers of 89,534 shares and 565,893 shares into the Rahim Family Trust (per footnotes F1–F2).
- 04/23/2026: 1,142.556 dividend-equivalent rights credited (A); values tied to $27.93/RSU per footnotes F8–F9.
- Net shares retained after withholding: 565,893 (these were then transferred to the Rahim Family Trust).
- Footnotes of note:
- F1/F2: Transfers into the Rahim Family Trust decreased direct and increased indirect beneficial ownership by the noted amounts.
- F3–F7: Describe that RSUs are contingent rights to a share and detail the origin and vesting schedule of the awards that vested on 07/03/26.
- F8/F9: Dividend-equivalent rights and small credited amounts described.
- Filing: Form 4 filed 2026-07-07 reporting activity through 07-02/07-03/07-07/26. The filing itself does not flag a late filing; transactions appear to be reported on the filed Form 4 dated 07-07/2026.
Context
- These transactions reflect vesting/conversion of RSUs and related derivative awards, not open-market purchases or discretionary sales. The F-coded disposals are share withholding to cover tax obligations (a routine, non-market-sale method of satisfying taxes).
- The G-coded transfers are gifts into the reporting person’s family trust and do not necessarily indicate buying or selling sentiment in the market.
- For retail investors: this is largely routine executive compensation settlement (vesting + tax withholding + internal transfer). It indicates a significant value realization by the insider but not a public-market sale that would signal a change in confidence.
Insider Transaction Report
Form 4
rahim rami
EVP, Pres GM Networking
Transactions
- Gift
Common Stock
[F1]2026-03-10−89,534→ 0 total - Exercise/Conversion
Common Stock
2026-07-02$41.23/sh+49,984$2,060,840→ 49,984 total - Tax Payment
Common Stock
2026-07-02$41.23/sh−24,783$1,021,803→ 25,201 total - Exercise/Conversion
Common Stock
2026-07-03$41.23/sh+308,311$12,711,663→ 333,512 total - Tax Payment
Common Stock
2026-07-03$41.23/sh−152,861$6,302,459→ 180,651 total - Exercise/Conversion
Common Stock
2026-07-03$41.23/sh+109,401$4,510,603→ 290,052 total - Tax Payment
Common Stock
2026-07-03$41.23/sh−54,242$2,236,398→ 235,810 total - Exercise/Conversion
Common Stock
2026-07-03$41.23/sh+260,290$10,731,757→ 496,100 total - Tax Payment
Common Stock
2026-07-03$41.23/sh−129,052$5,320,814→ 367,048 total - Exercise/Conversion
Common Stock
2026-07-03$41.23/sh+394,379$16,260,246→ 761,427 total - Tax Payment
Common Stock
2026-07-03$41.23/sh−195,534$8,061,867→ 565,893 total - Gift
Common Stock
[F1]2026-07-07−565,893→ 0 total - Gift
Common Stock
[F2]2026-03-10+89,534→ 343,696 total(indirect: By Trust) - Gift
Common Stock
[F2]2026-07-07+565,893→ 909,589 total(indirect: By Trust) - Exercise/Conversion
Restricted Stock Units
[F3][F4]2026-07-03−109,401→ 0 total→ Common Stock (109,401 underlying) - Exercise/Conversion
Restricted Stock Units
[F3][F5]2026-07-03−308,311→ 0 total→ Common Stock (308,311 underlying) - Exercise/Conversion
Restricted Stock Units
[F3][F6]2026-07-03−260,290→ 0 total→ Common Stock (260,290 underlying) - Exercise/Conversion
Restricted Stock Units
[F3][F7]2026-07-03−394,379→ 0 total→ Common Stock (394,379 underlying) - Exercise/Conversion
Restricted Stock Units
[F3][F8]2026-07-02−49,984→ 99,965 total→ Common Stock (49,984 underlying) - Award
Restricted Stock Units
[F3][F9]2026-04-23+1,142.556→ 227,839.929 total→ Common Stock (1,142.556 underlying)
Footnotes (9)
- [F1]The total direct beneficial ownership reflects a decrease of 89,534 shares on 03/10/26 and 565,893 shares on 07/07/26 due to transfer of the shares into the reporting person's Rahim Family Trust.
- [F2]The total indirect beneficial ownership reflects an increase of 89,534 shares on 03/10/26 and 565,893 shares on 07/07/26 due to transfer of the shares into the reporting person's Rahim Family Trust.
- [F3]Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- [F4]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 109,401 of which vested on 07/03/26.
- [F5]As previously reported, on 07/02/25, the reporting person's 02/20/24 PSU equity award was converted into 308,311 RSUs, all of which vested on 07/03/26.
- [F6]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 vested on 07/03/26.
- [F7]As previously reported, on 07/02/25, the reporting person's 06/20/25 PSU equity award was converted into 394,379 RSUs, all of which vested on 07/03/26.
- [F8]As previously reported, on 07/17/2025, the reporting person was granted 146,484 RSUs, 48,828 of which vested on 07/02/26, and 48,828 of which will vest on each of 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 RSUs that vested, 1,156 vested dividend equivalent rights, and a portion of the 747.3673 dividend equivalent rights at $27.93 per RSU credited to the reporting person's account on 04/23/26 reflected in column 9.
- [F9]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. 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 1,142.5561 dividend equivalent rights at $27.93 per RSU credited to the reporting person's account on 04/23/26.
Signature
Jonathan Sturz as Attorney-in-Fact for Rami Rahim|2026-07-07