Form 4: Patricia F. Russo Reports Acquisition of Hewlett Packard Enterprise Co Stock

Director Patricia F. Russo acquired 1,860 shares of Hewlett Packard Enterprise Co stock on June 28, 2024, through the Issuer's 2021 Stock Incentive Plan.

Summary

• Patricia F. Russo, a director of Hewlett Packard Enterprise Co (HPE), reported a transaction on June 28, 2024.
• She acquired 1,860 shares of HPE common stock at a price of $21.17 per share.
• These shares were issued under the Issuer's 2021 Stock Incentive Plan in lieu of a Q1 cash retainer of $39,375 for the Issuer's Board Year 2024.
• Following the transaction, Russo directly owns 15,318 shares of HPE common stock.
• She also indirectly owns 310,078.9219 shares through Merrill Lynch, with the receipt of these shares deferred until termination of her service as a board member.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction. The director's acquisition of shares can be seen as a slightly positive sign, but it's not a major event.

Positives

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

Future Outlook

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

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in the technology industry.

Key Dates