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Hewlett Packard Enterprise Co·4

Mar 27, 7:10 PM ET

Neri Antonio F 4

Research Summary

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Updated

HPE CEO Antonio Neri Sells 264,432 Shares

What Happened

  • Antonio Neri, President & CEO and Director of Hewlett Packard Enterprise (HPE), sold a total of 264,432 HPE shares in open-market transactions on March 25, 2026. The sales were executed as two trades: 179,834 shares at a weighted-average price of $24.79 (≈ $4,458,912) and 84,598 shares at $26.00 (≈ $2,199,717), for combined proceeds of about $6.66 million. These sales were reported under transaction code S (sale). Separately, on January 16, 2026, three awards/credits of dividend-equivalent derivative securities were recorded (transaction code A) totaling 5,601.180 derivative units tied to previously granted RSUs.

Key Details

  • Transaction dates and prices:
    • 2026-03-25: Sold 179,834 shares @ weighted avg $24.79 (range across trades $24.48–$26.08 per filing footnote).
    • 2026-03-25: Sold 84,598 shares @ $26.00.
    • 2026-01-16: Credited 1,058.481; 1,739.683; 2,803.016 dividend-equivalent derivative units (A) at $21.44 per RSU (these reflect dividend credits on existing RSU grants).
  • Total proceeds from the March 25 sales: ≈ $6,658,629.
  • Shares owned after transaction: Not specified in the excerpt provided (refer to the full Form 4 for total beneficial ownership).
  • Notable footnotes:
    • F1: The $24.79 price is a weighted average; the filing notes trade prices ranged $24.48–$26.08 and the filer can provide per-price share counts on request.
    • F2–F5: The A-code entries are dividend-equivalent rights credited to RSU grants from prior years (12/07/23, 12/09/24, 12/08/25); each RSU represents a contingent right to one share when vested.
    • Remarks: Sales occurred pursuant to a trading plan adopted 09/29/25 (commonly a prearranged trading plan such as a 10b5-1).
  • Timeliness: Filing date 2026-03-27 for transactions on 2026-03-25 — no late filing flag indicated in the provided data.

Context

  • Sales (S) are often routine and may be executed under pre-established trading plans; the filing notes these disposals were made under a trading plan adopted 09/29/25.
  • The January A-code entries are not new option exercises or cash purchases — they are dividend-equivalent credits tied to existing RSU awards and reflect derivative units that track future share payments when RSUs vest.
  • No inference about the insider’s view of the company should be drawn solely from these routine plan-based sales; consult the full Form 4 for complete ownership details and other holdings.