RUSSO FIDELMA 4

What Happened
Fidelma Russo, EVP, GM Hybrid Cloud & CTO at Hewlett Packard Enterprise (HPE), sold a total of 34,001 shares in open-market transactions on March 25, 2026 — 17,000 shares at $24.21 ($411,570) and 17,001 shares at $25.95 ($441,176) — for combined proceeds of approximately $852,746. Separately, on January 16, 2026 she was credited with a total of 2,010.413 dividend-equivalent derivative securities tied to previously granted restricted stock units (RSUs); these are recorded as awards (derivative acquisitions) rather than share purchases.

Key Details

• Sale dates and prices: 2026-03-25 — 17,000 shares @ $24.21 ($411,570) and 17,001 shares @ $25.95 ($441,176). Filing notes a weighted average price range $24.21–$25.99; detailed per-price breakdown is available on request (Footnote F1).
• Awards (derivative credits): 01/16/2026 — 412.3128, 623.1384, and 974.9619 dividend-equivalent rights credited (total ≈ 2,010.413 DERIVATIVE units) tied to prior RSU grants (Footnotes F2–F5). Dividend equivalents were credited at $21.44 per RSU on 01/16/26.
• Shares owned after transaction: Not specified in the provided excerpt; the filing confirms ongoing RSU awards that vest on future dates per prior grant schedules.
• Trading plan / timing: The sales were made pursuant to a trading plan adopted 12/23/2025 (likely a Rule 10b5-1 plan). Form 4 was filed 2026-03-27 for transactions on 2026-03-25 (appears timely).

Context
The March 25 transactions are sales (often routine when executed under a pre-set trading plan) and do not, by themselves, indicate management sentiment about the company. The January entries are not new share purchases but dividend-equivalent credits tied to previously reported RSU grants; each RSU represents a contingent right to one share and vests on scheduled dates per the grant footnotes.