Neri Antonio F 4
4 · Hewlett Packard Enterprise Co · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
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.
Insider Transaction Report
Form 4
Neri Antonio F
DirectorPresident and CEO
Transactions
- Sale
Common Stock
[F1]2026-03-25$24.79/sh−179,834$4,458,912→ 1,921,927 total - Sale
Common Stock
[F1]2026-03-25$26.00/sh−84,598$2,199,717→ 1,837,329 total - Award
Restricted Stock Units
[F2][F3]2026-01-16+1,058.481→ 169,088.481 total→ Common Stock (1,058.481 underlying) - Award
Restricted Stock Units
[F2][F4]2026-01-16+1,739.683→ 270,565.683 total→ Common Stock (1,739.683 underlying) - Award
Restricted Stock Units
[F2][F5]2026-01-16+2,803.016→ 424,534.016 total→ Common Stock (2,803.016 underlying)
Footnotes (5)
- [F1]The price in Column 4 is a weighted average price. The prices ranged from $24.48 to $26.08. 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 496,278 restricted stock units ("RSUs"), 165,426 of which vested on 12/07/24, 159,255 of which vested on 12/07/25, and 159,255 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 1,058.4812 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 407,832 RSUs, 135,944 of which vested on 12/09/25, and 130,873 of which will vest on each of 12/09/26 and 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 1,739.6831 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 421,731 RSUs, 140,577 of which will vest on each of 12/08/26, 12/08/27 and 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 2,803.0162 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 Antonio F. Neri|2026-03-27