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

Director Patricia F. Russo reports acquisition of restricted stock units and deferred receipt of common stock until termination of board service.

Summary

• Patricia F. Russo, a director of Hewlett Packard Enterprise Co. (HPE), filed a Form 4 detailing changes in her beneficial ownership of HPE stock.
• On May 2, 2025, Russo was granted 14,235 restricted stock units (RSUs) that will cliff vest on the earlier of May 2, 2026, or the date of HPE's 2026 Annual Stockholders Meeting.
• Russo elected to defer the receipt of 15,318 shares of common stock until the termination of her service as a member of the Issuer's Board of Directors.
• The report also indicates that Russo indirectly owns 337,971.4619 shares of common stock through Merrill Lynch.
• The number of shares includes 2,461.9376 vested restricted stock unit dividend equivalent rights at $15.14 per RSU credited to the reporting person's account on 04/18/25.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

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.

Management Comments

• 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

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates

Keywords

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