Form 4: Hewlett Packard Enterprise Executive Sells 5,015 Shares Under Trading Plan

Jeremy Cox, SVP, Controller & CTO of Hewlett Packard Enterprise, sold 5,015 shares of common stock at $21.78 per share on December 12, 2024, under a pre-arranged trading plan.

Summary

• Jeremy Cox, a Senior Vice President, Controller & CTO at Hewlett Packard Enterprise, sold 5,015 shares of the company's common stock.
• The sale occurred on December 12, 2024, at a price of $21.78 per share.
• The transaction was executed under a pre-arranged trading plan adopted on June 11, 2024.
• Following the transaction, Mr. Cox directly owns 60,192 shares of Hewlett Packard Enterprise common stock.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing for an executive stock sale under a pre-arranged plan, indicating a neutral sentiment.

Industry Context

This is a routine filing related to an executive's stock transactions and is common in the technology sector. It does not indicate any specific trend or issue within the industry.

Comparison to Industry Standards

• Executive stock sales are a common occurrence in publicly traded companies, including those in the technology sector like Hewlett Packard Enterprise.
• These transactions are typically disclosed through SEC filings like Form 4, which is standard practice.
• The use of pre-arranged trading plans, such as the one used by Jeremy Cox, is also a common practice to avoid accusations of insider trading.
• Comparable companies such as Dell Technologies, IBM, and Oracle also have executives who regularly file Form 4s for similar transactions.

Stakeholder Impact

• The stock sale by an executive may have a minor impact on shareholder sentiment, but it is unlikely to significantly affect the company's stock price due to the pre-arranged nature of the transaction.

Key Dates

Keywords

Hewlett Packard Enterprise, HPE, stock sale, insider trading, executive transaction, Form 4, Jeremy Cox, trading plan