HP Inc (NYSE: HPQ) CFO sees 166,746 RSUs vest, 69,173 shares withheld for taxes
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.
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Insider Trade Summary
Net Buyer: 97,573 shares
Net Buy
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 shares (Direct);
Common Stock — 199,707 shares (Direct)
Footnotes (3)
- F1. Shares withheld by HP to satisfy tax withholding upon vesting of Restricted Stock Units ("RSUs").
- F2. Each RSU represents a contingent right to receive one share of HP common stock.
- 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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
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.
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.