HP Inc. (NYSE: HPQ) director receives 12,176-share equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pettiti Gianluca reported acquisition or exercise transactions in this Form 4 filing.
HP Inc. director Gianluca Pettiti received an equity compensation grant of 12,176 shares of Common Stock in the form of restricted stock units. The footnote explains that all 12,176 restricted stock units vested on the grant date of 04/16/2026. Following this award, Pettiti directly owns 21,884 shares of HP Inc. common stock. This was a grant/award at no cash cost to Pettiti, not an open‑market purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pettiti Gianluca
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,176 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 21,884 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant size: 12,176 shares
Shares owned after grant: 21,884 shares
Grant price per share: $0.0000 per share
3 metrics
RSU grant size
12,176 shares
Restricted stock units granted and vested on 04/16/2026
Shares owned after grant
21,884 shares
Total HP Inc. common stock directly owned after transaction
Grant price per share
$0.0000 per share
Equity award treated as compensation, not a cash purchase
Key Terms
restricted stock units, Common Stock, non-derivative
3 terms
restricted stock units financial
"the reporting person was granted 12,176 restricted stock units, all of which vested"
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.
Common Stock financial
""security_title": "Common Stock" for the reported transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
non-derivative financial
""transaction_type": "non-derivative" describing the equity grant"
FAQ
What did HPQ director Gianluca Pettiti report in this Form 4?
Director Gianluca Pettiti reported receiving 12,176 HP Inc. restricted stock units as an equity award. All of these units vested immediately on April 16, 2026, and increased his directly owned common stock position to 21,884 shares after the transaction.
Was the HPQ Form 4 transaction an open-market buy or a stock grant?
The Form 4 shows a stock grant, not an open-market purchase. Pettiti received 12,176 restricted stock units coded as a grant or award at a price of $0.0000 per share, reflecting compensation rather than a cash transaction in the market.
What does the 12,176 restricted stock unit grant mean for HPQ insiders?
The 12,176-unit grant represents routine equity compensation for a director of HP Inc. It increases Pettiti’s direct ownership stake but does not involve cash trading. Such awards are common tools to align director incentives with shareholder interests over time.
How is the HPQ Form 4 transaction classified by the SEC codes?
The transaction is coded “A” for acquisition as a grant, award, or other acquisition. It is a non-derivative transaction in HP Inc. common stock, with 12,176 shares acquired at $0.0000 per share, reflecting an equity award rather than a market purchase.