Form 4: HPE Executive Neil B. MacDonald Reports Stock Transactions

Executive Vice President Neil B. MacDonald of Hewlett Packard Enterprise Co. reports the vesting and subsequent sale of restricted stock units to cover tax obligations.

Summary

• Neil B. MacDonald, an Executive Vice President at Hewlett Packard Enterprise Co., reported transactions involving the company's common stock and restricted stock units (RSUs).
• On December 15, 2024, 4,605 RSUs vested and were converted into common stock.
• Simultaneously, 4,605 shares of common stock were sold at a price of $21.83 per share to cover tax obligations related to the vesting of the RSUs.
• Following these transactions, MacDonald directly owns 57,179.719 shares of common stock and 101,679 RSUs.
• The RSUs are part of a grant from December 7, 2023, which vests in tranches over three years.

Sentiment

Score: 5

Explanation: The document reflects routine transactions related to executive compensation and does not indicate any positive or negative sentiment.

Future Outlook

The remaining restricted stock units will vest on December 7, 2025 and December 7, 2026.

Industry Context

This is a routine filing related to executive compensation and is common practice for publicly traded companies.

Comparison to Industry Standards

• The vesting schedule of the restricted stock units is typical for executive compensation packages in the technology industry.
• The sale of shares to cover tax obligations is a standard practice for executives receiving equity compensation.
• Other technology companies such as IBM, Dell, and Oracle also use similar equity compensation plans for their executives.

Stakeholder Impact

• The transactions have a minimal impact on shareholders as they are related to executive compensation and do not represent a significant change in ownership.

Key Dates

Keywords

insider trading, stock transaction, restricted stock units, executive compensation, HPE, Hewlett Packard Enterprise, Neil B. MacDonald