STOCK TITAN

HP Inc's Ketan M. Patel receives 11,996 shares

The RSUs originated in a 32,904-unit grant made October 24, 2024, with one-third vesting annually over three years.

(Neutral)

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

Rhea-AI Filing Summary

HP Inc. President, Personal Systems Ketan M. Patel exercised 11,996 restricted stock units on October 24, 2026, receiving 11,996 shares of common stock. HP withheld 4,149 shares to satisfy tax withholding upon vesting, at a reported $33.64 per share. After the transaction, 11,421 restricted stock units remained, including 453 unvested dividend equivalent units.

Insider Patel Ketan M
Role President, Personal Systems
Type Security Shares Price Value
Exercise Restricted Stock Units F2, F3, F4 11,996 -- --
Exercise Common Stock 11,996 $0.00 $0.00
Tax Withholding Common Stock F1 4,149 $33.64 $140K
Holdings After Transaction: Restricted Stock Units — 11,421 contracts (Direct); Common Stock — 43,091 shares (Direct)
Footnotes (4)
  1. F1. Shares withheld by HP to satisfy tax withholding upon vesting.
  2. F2. Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.
  3. F3. As previously reported, on 10/24/2024, the reporting person was granted 32,904 RSUs, 1/3 of which vest annually over 3 years on the anniversary of 10/24/2024. Dividend equivalent units ("DEUs") 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 1,028 vested DEUs.
  4. F4. The 11,421 shares reported in column 9 includes 453 unvested DEUs reflected the Reporting Person's Form 3 filed November 10, 2025.
RSUs exercised 11,996 restricted stock units October 24, 2026
Common shares received 11,996 shares Upon exercise of the RSUs on October 24, 2026
Shares withheld for tax 4,149 shares Upon vesting on October 24, 2026
Price per withheld share $33.64 per share Reported for the October 24, 2026 withholding transaction
RSUs after transaction 11,421 restricted stock units Includes 453 unvested dividend equivalent units
Unvested dividend equivalent units 453 units Included in the 11,421 shares reported after the transaction
Original RSU grant 32,904 restricted stock units Granted October 24, 2024
Vesting schedule One-third annually over 3 years On the anniversary of the October 24, 2024 grant
restricted stock unit financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
dividend equivalent units financial
"Dividend equivalent units ("DEUs") accrue with respect to these RSUs"
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.
tax withholding upon vesting financial
"Shares withheld by HP to satisfy tax withholding upon vesting."

FAQ

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

How many HPQ shares did Ketan M. Patel receive and have withheld?

On October 24, 2026, Ketan M. Patel exercised 11,996 restricted stock units for 11,996 HP common shares, and HP withheld 4,149 shares for tax withholding upon vesting at $33.64 per share.

When were Ketan M. Patel's HPQ RSUs granted, and what was the vesting schedule?

The 32,904 RSUs were granted October 24, 2024, and one-third vest annually over three years on the grant anniversary. Dividend equivalent units accrue with respect to these RSUs when and as dividends are paid on HP common stock.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Available on EDGAR Accepted by SEC EDGAR Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Patel Ketan M

(Last)(First)(Middle)
C/O HP INC.
1501 PAGE MILL RD

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
President, Personal Systems
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/24/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Common Stock10/24/2026M11,996A$047,240D
Common Stock10/24/2026F4,149(1)D$33.6443,091D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2)10/24/2026M11,996(3) (3) (3)Common Stock11,996(3)11,421(4)D
Explanation of Responses:
1. Shares withheld by HP to satisfy tax withholding upon vesting.
2. Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.
3. As previously reported, on 10/24/2024, the reporting person was granted 32,904 RSUs, 1/3 of which vest annually over 3 years on the anniversary of 10/24/2024. Dividend equivalent units ("DEUs") 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 1,028 vested DEUs.
4. The 11,421 shares reported in column 9 includes 453 unvested DEUs reflected the Reporting Person's Form 3 filed November 10, 2025.
/s/ Linnea Thompson as Attorney-in-Fact for Ketan M. Patel10/27/2026
** Signature of Reporting PersonDate
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)

Keep reading