MacDonald Neil B 4
Research Summary
AI-generated summary
Hewlett Packard Enterprise EVP Neil MacDonald Sells 24,251 Shares
What Happened
Neil B. MacDonald, EVP and GM, Server at Hewlett Packard Enterprise (HPE), sold 24,251 shares on 2026-04-20 in an open-market transaction. The weighted-average price was $27.01 (range $27.00–$27.07), producing total proceeds of $654,976. The sale was reported on Form 4 filed 2026-04-21 and was made pursuant to a trading plan adopted on 2025-09-30.
Key Details
- Transaction date: 2026-04-20; Form 4 filed: 2026-04-21 (timely report).
- Type: Sale (S) — open market/private sale.
- Shares sold: 24,251 at a weighted average price of $27.01; price range $27.00–$27.07.
- Proceeds: $654,976.
- Shares owned after transaction: Not disclosed in the provided excerpt.
- Footnote: Price is a weighted average; reporting person can provide breakdown of shares at each price on request.
- Trade executed under a trading plan adopted 09/30/2025 (prearranged 10b5‑1 style plan as noted in the remarks).
Context
This was a sale under a pre-established trading plan, which typically means the transaction was preauthorized and not an impromptu decision. Sales by insiders are common for diversification or tax purposes; they are factual disclosures and do not by themselves indicate company performance.