DUGAN REGINA E 4

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.