Form 4: Frank A. D'Amelio Reports Changes in Beneficial Ownership of Hewlett Packard Enterprise Co. Stock

Director Frank A. D'Amelio reports acquisition of restricted stock units and deferred receipt of common stock in Hewlett Packard Enterprise Co.

Summary

• Frank A. D'Amelio, a director of Hewlett Packard Enterprise Co. (HPE), filed a Form 4 detailing changes in his beneficial ownership of HPE stock.
• On May 2, 2025, D'Amelio was granted 14,235 restricted stock units (RSUs) that will vest on the earlier of May 2, 2026, or the date of HPE's 2026 Annual Stockholders Meeting.
• D'Amelio elected to defer the receipt of common stock until the termination of his service as a member of the Issuer's Board of Directors.
• He also indirectly owns 32,415.041 shares of common stock through Merrill Lynch.
• The report also mentions the acquisition of 3,444 shares of common stock.
• The number of shares in column 5 includes 266.8520 vested restricted stock unit ('RSU') dividend equivalent rights at $15.14 per RSU credited to the reporting person's account on 04/18/25.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing. It doesn't inherently indicate positive or negative sentiment, but rather reports transactions.

Positives

• The grant of RSUs to a director aligns their interests with those of the shareholders.
• D'Amelio's decision to defer receipt of the stock until his service ends could be seen as a long-term commitment to the company.

Future Outlook

The reporting person will receive common stock upon termination of his service as a member of the Issuer's Board of Directors, and the RSUs will vest on the earlier of May 2, 2026, or the date of HPE's 2026 Annual Stockholders Meeting.

Management Comments

• The reporting person elected to defer the receipt of common stock until the termination of his service as a member of the Issuer's Board of Directors.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• Shareholders may be interested in the transactions of company insiders as an indicator of management's confidence in the company.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Stock Units, RSUs, Hewlett Packard Enterprise, HPE, D'Amelio, Director, Stock, Securities