Form 4: Hewlett Packard Enterprise Executive Sells 17,022 Shares Under 10b5-1 Trading Plan

Gerri Gold, EVP, President & CEO of Financial Services at Hewlett Packard Enterprise, sold 17,022 shares of common stock at $21.83 per share on December 11, 2024, under a pre-arranged trading plan.

Summary

• Gerri Gold, an executive at Hewlett Packard Enterprise (HPE), sold 17,022 shares of HPE common stock.
• The sale occurred on December 11, 2024, at a price of $21.83 per share.
• This transaction was executed under a pre-arranged trading plan adopted on March 11, 2024.
• Following the sale, Ms. Gold beneficially owns 79,573 shares of HPE common stock.

Sentiment

Score: 5

Explanation: The document is a routine filing of an executive stock sale under a pre-arranged trading plan, which is neither positive nor negative.

Industry Context

Executive stock sales are a common occurrence and are often part of pre-arranged trading plans to avoid accusations of insider trading. This transaction is not unusual for a company of this size.

Comparison to Industry Standards

• Executive stock sales are a normal part of compensation and portfolio management across the technology sector.
• Many executives at comparable companies such as Dell, IBM, and Oracle also utilize 10b5-1 trading plans to manage their stock holdings.
• The volume of shares sold is not unusual for an executive at this level.

Stakeholder Impact

• The sale is unlikely to have a significant impact on shareholders as it is a relatively small transaction by an executive under a pre-arranged plan.

Key Dates

Keywords

insider trading, Form 4, stock sale, executive, Hewlett Packard Enterprise, HPE, Rule 10b5-1, Gerri Gold