DUGAN REGINA E 4

What Happened

• Regina E. Dugan, a director of Hewlett Packard Enterprise Co. (HPE), received an award of 8,750 restricted stock units (RSUs) on 2026-05-01. The grant is reported as an "A" (award/grant) on the Form 4; no purchase price or cash changed hands (price: N/A).
• These RSUs are derivative awards that represent a contingent right to receive one share of HPE common stock per unit upon vesting. The grant will cliff vest on the earlier of 2027-05-01 or the date of HPE's 2027 Annual Stockholders Meeting. Dividend equivalent rights will accrue and be paid in connection with any dividends on HPE common stock.

Key Details

• Transaction date: 2026-05-01; Form 4 filed: 2026-05-05 (timely filing within the SEC deadline).
• Transaction type/code: A = Award/Grant of RSUs; price: N/A (no cash paid).
• Shares granted: 8,750 RSUs. Shares owned after transaction: not reported on this Form 4.
• Footnotes: F1 — each RSU equals a contingent right to one share; F2 — the RSUs cliff vest by 05/01/27 or the 2027 Annual Meeting and carry dividend equivalent rights.
• No indication of a 10b5-1 plan, tax withholding, or immediate sale (this is a compensation award).

Context

• RSU grants to directors are common as part of director compensation and do not reflect an open-market purchase or sale. The RSUs convert to shares only if and when they vest, so this is a future equity award rather than an immediate change in market-held shares.