MacDonald Neil B 4
4 · Hewlett Packard Enterprise Co · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
Hewlett Packard Enterprise EVP Neil MacDonald Sells Shares
What Happened
- Neil MacDonald, EVP and GM, Server at Hewlett Packard Enterprise (HPE), reported open-market sales totaling 112,652 shares on 2026-03-25. The transactions comprised 105,513 shares at a weighted-average price of $25.03 (proceeds $2,640,990) and 7,139 shares at $26.00 (proceeds $185,614), for combined gross proceeds of about $2.83 million. The Form 4 also reports three derivative "acquisitions" on 2026-01-16: dividend-equivalent rights credited related to previously granted RSUs (328.295, 595.383 and 974.962 units).
Key Details
- Transaction dates: sales on 2026-03-25; derivative credits on 2026-01-16. Form filed 2026-03-27 (appears timely).
- Sale prices: reported weighted-average $25.03 for the larger block (prices in the range $25.00–$26.01 per footnote) and $26.00 for the smaller block. Footnote says price shown is a weighted average; details by price available on request.
- Proceeds: total gross proceeds ≈ $2,826,604 (~$2.83M).
- Derivative entries: three dividend-equivalent rights credited 01/16/26 (328.295, 595.383, 974.962) at $21.44 per RSU; these reflect dividend equivalents tied to previously reported RSU grants with multi-year vesting schedules (see footnotes F3–F5).
- Trading plan: the sales occurred pursuant to a trading plan adopted 09/30/25 (commonly a Rule 10b5-1 plan).
- Shares owned after transaction: not disclosed in the provided filing.
Context
- The sales are open-market disposals executed under a pre-established trading plan, which is a routine way executives sell stock and does not by itself indicate a change in view on the company. The January entries are not new RSU grants but dividend-equivalent credits related to earlier RSU awards (they represent contingent rights tied to future RSU vesting and are recorded as derivative securities).
Insider Transaction Report
Form 4
MacDonald Neil B
EVP, GM, Server
Transactions
- Sale
Common Stock
[F1]2026-03-25$25.03/sh−105,513$2,640,990→ 63,632.544 total - Sale
Common Stock
[F1]2026-03-25$26.00/sh−7,139$185,614→ 56,493.544 total - Award
Restricted Stock Units
[F2][F3]2026-01-16+328.295→ 52,454.295 total→ Common Stock (328.295 underlying) - Award
Restricted Stock Units
[F2][F4]2026-01-16+595.383→ 92,615.383 total→ Common Stock (595.383 underlying) - Award
Restricted Stock Units
[F2][F5]2026-01-16+974.962→ 147,663.962 total→ Common Stock (974.962 underlying)
Footnotes (5)
- [F1]The price in Column 4 is a weighted average price. The prices ranged from $25.00 to $26.01. Upon request, the reporting person will provide to the Issuer, any security holder of the Issuer, or the SEC staff, information regarding the number of shares at each price within the range.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- [F3]As previously reported, on 12/07/23, the reporting person was granted 155,087 restricted stock units ("RSUs"), 51,695 of which vested on 12/07/24, 49,393 of which vested on 12/07/25, and 49,394 of which will vest on 12/07/26. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The number of derivative securities in column 5 reflects 328.2950 dividend equivalent rights at $21.44 per RSU credited to the reporting person's account on 01/16/26.
- [F4]As previously reported, on 12/09/24, the reporting person was granted 140,632 RSUs, 46,877 of which vested on 12/09/25, 44,789 of which will vest on 12/09/26, and 44,790 of which will vest on 12/09/27. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The number of derivative securities in column 5 reflects 595.3828 dividend equivalent rights at $21.44 per RSU credited to the reporting person's account on 01/16/26.
- [F5]As previously reported, on 12/08/25, the reporting person was granted 146,689 RSUs, 48,896 of which will vest on each of 12/08/26 and 12/08/27, and 48,897 of which will vest on 12/08/28. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on Issuer's common stock. The number of derivative securities in column 5 reflects 974.9619 dividend equivalent rights at $21.44 per RSU credited to the reporting person's account on 01/16/26.
Signature
Jonathan Sturz as Attorney-in-Fact for Neil B MacDonald|2026-03-27