DUGAN REGINA E 4

4 · Hewlett Packard Enterprise Co · Filed Apr 3, 2026

AI-generated summary of this filing

Updated Apr 3, 2026

HPE Director Regina Dugan Exercises RSUs for 14,500 Shares

What Happened

Regina E. Dugan, a director of Hewlett Packard Enterprise (HPE), reported the exercise/conversion of derivative securities on April 1, 2026. The filing shows 14,500 shares acquired at $23.98 each (total value reported $347,710) and a matching disposition of 14,500 derivative units reported with price “N/A.”
Transaction code M indicates an exercise or conversion of a derivative (here, RSUs converting into common stock). This is effectively the vesting/conversion of equity awards rather than an open-market purchase or sale.

Key Details

Transaction date: 2026-04-01; Filing date: 2026-04-03 (appears timely).
Acquired: 14,500 shares @ $23.98 = $347,710.
Disposed: 14,500 derivative units, price shown as N/A (filing does not specify cash proceeds or the mechanism of disposition).
Shares owned after transaction: Not stated in this filing.
Footnotes: F1 clarifies each restricted stock unit (RSU) converts to one share. F2 notes these RSUs were granted 05/02/2025 and cliff-vested at HPE’s 2026 Annual Meeting; dividend-equivalent credits from several dividend dates are included in the reported derivative count.

Context

This filing reflects conversion/settlement of equity awards (RSUs) rather than a market buy or unsolicited sale. The matched “disposed” entry with N/A proceeds often accompanies vesting/settlement events (filing does not detail whether shares were withheld for taxes or net-settled).
For retail investors, awards converting to shares are routine officer/director compensation events and do not, by themselves, imply a purchase-driven bullish signal.

Form 4

Period: 2026-04-01

Director

Transactions

Exercise/Conversion
Common Stock
2026-04-01$23.98/sh+14,500$347,710→ 55,850 total
Exercise/Conversion
Restricted Stock Units
[F1][F2]
2026-04-01−14,500→ 0 total
→ Common Stock (14,500 underlying)

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.

Signature

Jonathan Sturz as Attorney-in-Fact for Regina E. Dugan|2026-04-03

1 file