HP Inc CFO exercises RSUs, shares withheld for tax

HP Inc’s Chief Financial Officer, Karen L. Parkhill, reported the vesting and conversion of 166,746 Restricted Stock Units into the same number of shares of HP common stock on 2026-08-05.

Rhea-AI Filing Summary

HP Inc’s Chief Financial Officer, Karen L. Parkhill, reported the vesting and conversion of 166,746 Restricted Stock Units into the same number of shares of HP common stock on 2026-08-05. In connection with this vesting, 69,173 shares of common stock were withheld by HP at $28.52 per share to satisfy tax withholding obligations. These RSUs stem from a 458,015-unit grant dated 8/5/2024 that vests in three equal annual installments through 8/5/2027. Following this transaction, Parkhill continues to hold 152,672 RSUs, including 14,074 dividend equivalent units that accrue when dividends are paid on HP common stock.

Insider Trade Summary

166,746 shares exercised/converted

Exercise 3 txns

Insider PARKHILL KAREN L

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F2, F3	166,746	$0.00	$0.00
Exercise	Common Stock	166,746	$0.00	$0.00
Tax Withholding	Common Stock F1	69,173	$28.52	$1.97M

Holdings After Transaction: Restricted Stock Units — 152,672 contracts (Direct); Common Stock — 199,707 shares (Direct)

Footnotes (3)

1. F1. Shares withheld by HP to satisfy tax withholding upon vesting of Restricted Stock Units ("RSUs").
2. F2. Each RSU represents a contingent right to receive one share of HP common stock.
3. F3. On 8/5/2024, the reporting person was granted 458,015 RSUs, 1/3 of which vest annually over 3 years on 8/5/2025, 8/5/2026 and 8/5/2027, respectively. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The number of derivative securities in column 5 includes 14,074 dividend equivalent units.

Key Figures

RSUs vested and converted: 166,746 units/shares Shares withheld for taxes: 69,173 shares Tax withholding share price: $28.5200 per share +4 more

7 metrics

RSUs vested and converted 166,746 units/shares Restricted Stock Units converted into HP common stock on 2026-08-05

Shares withheld for taxes 69,173 shares Common shares withheld to satisfy tax withholding at vesting

Tax withholding share price $28.5200 per share Price applied to 69,173 withheld shares for tax obligations

RSUs remaining after transaction 152,672 units Restricted Stock Units still held, including dividend equivalents

Dividend equivalent units 14,074 units Portion of RSUs representing dividend equivalent units included in holdings

Original RSU grant size 458,015 units RSUs granted on 8/5/2024 vesting in three annual installments

Vesting schedule 1/3 annually over 3 years RSUs vest on 8/5/2025, 8/5/2026, and 8/5/2027

Key Terms

Restricted Stock Units, dividend equivalent rights, dividend equivalent units, contingent right, +1 more

5 terms

Restricted Stock Units financial

"Shares withheld by HP to satisfy tax withholding upon vesting of Restricted Stock Units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

dividend equivalent rights financial

"Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid"

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

dividend equivalent units financial

"The number of derivative securities in column 5 includes 14,074 dividend equivalent units"

Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.

contingent right financial

"Each RSU represents a contingent right to receive one share of HP common stock"

tax withholding financial

"Shares withheld by HP to satisfy tax withholding upon vesting of Restricted Stock Units"

Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did HPQ CFO Karen L. Parkhill report in this Form 4?

CFO Karen L. Parkhill reported 166,746 Restricted Stock Units vesting and converting into HP common stock. As part of this vesting, HP withheld 69,173 shares to cover tax obligations, and Parkhill continues to hold a substantial RSU balance.

How many HPQ RSUs vested for the CFO, and into what did they convert?

A total of 166,746 Restricted Stock Units vested for the CFO and converted into 166,746 shares of HP common stock. The transaction was recorded as an exercise or conversion of a derivative security with a stated per-share value of $0.0000.

How many HPQ shares were withheld for taxes and at what price?

HP withheld 69,173 shares of common stock at $28.52 per share to satisfy tax withholding obligations related to the RSU vesting. This disposition is reported under transaction code F, specifically for payment of tax liability using shares.

What RSU grant underlies this HPQ Form 4 transaction?

The vesting relates to an RSU grant of 458,015 units awarded on 8/5/2024. One-third of this grant vests annually on 8/5/2025, 8/5/2026, and 8/5/2027, with dividend equivalent rights accruing as HP common stock dividends are paid.

How many HPQ RSUs does the CFO still hold after this transaction?

After this vesting event, Karen L. Parkhill continues to hold 152,672 Restricted Stock Units. This figure includes 14,074 dividend equivalent units, which accumulate alongside the underlying RSUs when HP Inc. pays dividends on its common stock.

What are dividend equivalent rights mentioned in the HPQ RSU footnote?

Dividend equivalent rights provide additional units when dividends are paid on HP common stock. For this RSU grant, 14,074 dividend equivalent units are included in the reported 152,672 outstanding RSUs, increasing the potential future share delivery.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/07/2026 - 04:45 PM Accepted by SEC EDGAR 08/07/2026 - 04:44 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a 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). See Instruction 10.

1. Name and Address of Reporting Person^*

PARKHILL KAREN L

(Last) (First) (Middle)

C/O HP INC.

1501 PAGE MILL ROAD

(Street)

PALO ALTO CALIFORNIA 94304

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HP INC [ HPQ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/05/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/05/2026		M		166,746	A	$0	268,880	D
Common Stock	08/05/2026		F		69,173(1)	D	$28.52	199,707	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	08/05/2026		M			166,746	(3)	(3)	Common Stock	166,746	$0(3)	152,672	D

Explanation of Responses:

1. Shares withheld by HP to satisfy tax withholding upon vesting of Restricted Stock Units ("RSUs").

2. Each RSU represents a contingent right to receive one share of HP common stock.

3. On 8/5/2024, the reporting person was granted 458,015 RSUs, 1/3 of which vest annually over 3 years on 8/5/2025, 8/5/2026 and 8/5/2027, respectively. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock. The number of derivative securities in column 5 includes 14,074 dividend equivalent units.

	/s/ Linnea Thompson as Attorney-in-Fact for Karen L. Parkhill	08/07/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)