Form 4: Regina E. Dugan, Hewlett Packard Enterprise Director, Reports Stock Transactions
SEC Form 4
Director Regina E. Dugan reports the vesting and conversion of restricted stock units into common stock of Hewlett Packard Enterprise.
Summary
- On April 2, 2025, Regina E. Dugan, a director of Hewlett Packard Enterprise Co [HPE], had 14,323 restricted stock units vest and convert into common stock.
- These units vested on April 2, 2025, which was the date of the Issuer's 2025 Annual Stockholders Meeting.
- The director now beneficially owns 41,350 shares of common stock.
- The transaction involved the conversion of restricted stock units (RSUs) into common stock at a price of $16.12 per share.
- The reported transaction also includes dividend equivalent rights that accrued on the RSUs.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in the director's stock ownership.
Key Dates
| Date | Description |
|---|---|
| 05/10/2024 | Reporting person was granted 14,068 restricted stock units ('RSUs'). |
| 07/18/2024 | 88.4780 dividend equivalent rights at $20.67 per RSU credited to the reporting person's account. |
| 10/18/2024 | 88.3925 dividend equivalent rights at $20.69 per RSU credited to the reporting person's account. |
| 01/16/2025 | 78.1222 dividend equivalent rights at $23.41 per RSU credited to the reporting person's account. |
| 04/02/2025 | Date of Earliest Transaction, RSUs cliff vested, the date of Issuer's 2025 Annual Stockholders Meeting, and conversion to common stock. |
| 04/04/2025 | Date of filing. |
Keywords
Form 4, Beneficial Ownership, Regina E. Dugan, Hewlett Packard Enterprise, HPE, Director, Restricted Stock Units, Common Stock, Vesting, Dividend Equivalent Rights
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