Form 4: Hewlett Packard Enterprise Director Acquires Shares in Lieu of Cash Retainer

Director Raymond J. Lane acquired 1,595 shares of Hewlett Packard Enterprise Co. common stock on April 9, 2024, in lieu of a cash retainer.

Summary

• On April 9, 2024, Raymond J. Lane, a director of Hewlett Packard Enterprise Co. (HPE), acquired 1,595 shares of common stock at a price of $18.02 per share.
• This acquisition was made in lieu of a Q4 cash retainer of $28,750 for the Issuer's Board Year 2023, as part of the Issuer's 2021 Stock Incentive Plan.
• Lane also holds 932,076 shares of common stock directly.
• Additionally, Lane holds 17,389.9376 restricted stock units (RSUs), which include dividend equivalent rights.
• The RSUs were granted on May 5, 2023, and will vest on the earlier of May 5, 2024, or the date of HPE's 2024 Annual Stockholders Meeting.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by a director in lieu of a cash retainer. It doesn't indicate any significant positive or negative outlook.

Positives

• The acquisition of shares by a director signals confidence in the company's future.

Future Outlook

The vesting of RSUs is contingent on the earlier of May 5, 2024, or the date of HPE's 2024 Annual Stockholders Meeting.

Industry Context

Director stock ownership is common and is generally viewed positively by investors.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder confidence.

Key Dates