Form 4: Patricia F. Russo Reports Changes in Beneficial Ownership of Hewlett Packard Enterprise Co. Stock

Patricia F. Russo, a director at Hewlett Packard Enterprise Co., reports changes in her beneficial ownership of company stock following the vesting of restricted stock units.

Summary

• On April 2, 2025, Patricia F. Russo, a director of Hewlett Packard Enterprise Co. (HPE), reported changes in her beneficial ownership of HPE common stock.
• She acquired 14,322.9927 shares of common stock at a price of $16.12 per share, and these shares are held indirectly through Merrill Lynch.
• These shares resulted from the vesting of 14,068 restricted stock units (RSUs) granted on May 10, 2024, which vested on April 2, 2025, the date of HPE's 2025 Annual Stockholders Meeting.
• Russo also holds 15,318 shares of common stock directly.
• Following the reported transactions, Russo beneficially owns 335,509.5243 shares of HPE common stock indirectly.
• She has elected to defer the receipt of common stock until the termination of her service as a member of the Issuer's Board of Directors.

Sentiment

Score: 5

Explanation: This is a routine filing related to executive compensation. It doesn't indicate any significant positive or negative sentiment.

Positives

• The vesting of RSUs indicates that Russo has met the conditions for receiving the stock, which could be seen as a positive sign of her performance or tenure.

Future Outlook

The reporting person has 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

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The vesting of RSUs is a common form of executive compensation.

Comparison to Industry Standards

• Executive compensation packages often include restricted stock units (RSUs) that vest over time, aligning executive interests with shareholder value.
• Companies like Microsoft, Apple, and Amazon also use RSUs as part of their compensation strategy for directors and key employees.
• The vesting schedules and amounts of RSUs can vary widely based on company size, industry, and individual performance.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding the director's holdings in the company.

Key Dates

Keywords

beneficial ownership, Hewlett Packard Enterprise, HPE, Patricia F. Russo, restricted stock units, RSUs, Form 4, director, common stock, vesting