RUSSO FIDELMA 4
4 · Hewlett Packard Enterprise Co · Filed Mar 27, 2026
Research Summary
AI-generated summary of this filing
HPE EVP Fidelma Russo Sells 34,001 Shares
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.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-03-25$24.21/sh−17,000$411,570→ 34,002 total - Sale
Common Stock
[F1]2026-03-25$25.95/sh−17,001$441,176→ 17,001 total - Award
Restricted Stock Units
[F2][F3]2026-01-16+412.313→ 65,797.313 total→ Common Stock (412.313 underlying) - Award
Restricted Stock Units
[F2][F4]2026-01-16+623.138→ 96,819.138 total→ Common Stock (623.138 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 $24.21 to $25.99. 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 186,104 restricted stock units ("RSUs"), 62,034 of which vested on 12/07/24, and 62,035 of which vested on 12/07/25, and 62,035 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 412.3128 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, 46,877 of which will vest on 12/09/26, and 46,878 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 623.1384 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.