HPE Adjusts Executive Stock Awards to Reflect Juniper Acquisition

Reuters11-13
HPE Adjusts Executive Stock Awards to Reflect Juniper Acquisition

Hewlett Packard Enterprise Co. $(HPE)$ has updated the performance metrics for its Performance-Adjusted Restricted Stock Unit (PARSU) awards under the company's 2021 Stock Incentive Plan. On November 10, 2025, the HR and Compensation Committee raised the target, threshold, and maximum goal levels for non-GAAP net income growth related to the PARSU awards for fiscal years 2025, 2026, and 2027. This adjustment is intended to reflect the anticipated profit contribution from HPE's acquisition of Juniper Networks, Inc. The modification affects the PARSU measurement for certain current named executive officers but does not change any other terms of the awards. The committee specified that, as a result of this modification, the payout for the affected PARSUs will not exceed what would have been paid had the change not occurred.

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