Justin Hotard - 12 Dec 2023 Form 4 Insider Report for Hewlett Packard Enterprise Co (HPE)

Signature
Ki Hoon Kim as Attorney-in-Fact for Justin Hotard
Issuer symbol
HPE
Transactions as of
12 Dec 2023
Net transactions value
-$474,276
Form type
4
Filing time
14 Dec 2023, 18:12:13 UTC
Previous filing
12 Dec 2023
Next filing
07 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPE Common Stock Sale $300,557 -18,703 -24% $16.07 58,349 12 Dec 2023 Direct
transaction HPE Common Stock Sale $173,718 -10,612 -18% $16.37 47,737 13 Dec 2023 Direct
* 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).

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.