Kirt P. Karros - Dec 12, 2023 Form 4 Insider Report for Hewlett Packard Enterprise Co (HPE)

Signature
Ki Hoon Kim as Attorney-in-Fact for Kirt P. Karros
Stock symbol
HPE
Transactions as of
Dec 12, 2023
Transactions value $
-$419,861
Form type
4
Date filed
12/14/2023, 06:11 PM
Previous filing
Dec 12, 2023
Next filing
Dec 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPE Common Stock Sale -$420K -26.1K -50% $16.07 26.1K Dec 12, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 To clarify, this reflects an increase of 378 shares due to an adjustment in the taxes from the 12/08/23 reported amount.

Remarks:

The sales reported on this Form 4 were pursuant to a Rule 10b5-1 plan adopted by the reporting person on 03/06/23.