Fidelma Russo - Dec 12, 2023 Form 4 Insider Report for Hewlett Packard Enterprise Co (HPE)

Signature
Ki Hoon Kim as Attorney-in-Fact for Fidelma M. Russo
Stock symbol
HPE
Transactions as of
Dec 12, 2023
Transactions value $
-$1,596,218
Form type
4
Date filed
12/14/2023, 06:11 PM
Previous filing
Dec 12, 2023
Next filing
May 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPE Common Stock Sale -$1.6M -98.1K -100% $16.27 0 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 The price in Column 4 is a weighted average price. The prices actually paid ranged from $16.07-$16.42. Upon request, the reporting person will provide to the Issuer, any securityholder of the Issuer, or the SEC staff information regarding the number of shares purchased at each price within the range.

Remarks:

The sales reported on this Form 4 were pursuant to a Rule 10b5-1 plan adopted by the reporting person on 06/13/23.