MYERS MARIE 4

What Happened

• Marie Myers, EVP & Chief Financial Officer of Hewlett Packard Enterprise (HPE), exercised derivative awards on 2026-01-20. She exercised 68,493 and 89,898 derivative shares at $20.39 per share (total gross value ≈ $3,229,592).
• To cover tax obligations, 27,330 and 35,376 shares were withheld (disposed) at $20.39 (total withholding value ≈ $1,278,576). Net shares delivered to Ms. Myers from the exercises were 158,391 − 62,706 = 95,685 shares.
• In addition, on 2026-01-16 she received dividend-equivalent RSU credits of 850.819 and 1,288.342 shares (total ≈ 2,139.16 RSU equivalents) credited at $21.44 each (≈ $45.9k).

Key Details

• Transaction dates and prices:
  • 2026-01-20: Exercised 68,493 and 89,898 derivatives at $20.39 (codes M for exercise).
  • 2026-01-20: 27,330 and 35,376 shares withheld to pay taxes at $20.39 (code F).
  • 2026-01-16: 850.819 and 1,288.342 RSU dividend-equivalent credits (code A) at $21.44 per RSU.
• Aggregate values: gross exercise ≈ $3.23M; tax withholding ≈ $1.28M; dividend-equivalent credits ≈ $45.9k.
• Shares owned after transaction: not specified in this Form 4 filing.
• Footnotes: Transactions involve RSUs and dividend-equivalent rights tied to prior RSU grants (see footnotes F1–F5). Some entries reflect vesting/dividend-equivalent credits and rounding adjustments.
• Timeliness: Form 4 filed 2026-01-22 for transactions on 2026-01-20 (filed within standard Form 4 timing).

Context

• What this means: Codes used — M = exercise/conversion of derivative; F = shares delivered/withheld to cover tax liability; A = award/grant (dividend-equivalent RSUs). This was primarily an exercise with sell-to-cover/withholding for taxes, a common administrative step rather than an open-market sale or purchase signal.
• For retail investors: exercises convert previously granted derivative awards into shares (often routine when awards vest or are exercisable). Dividend-equivalent credits reflect additional small share amounts tied to RSU dividend accruals.