HP Inc. (NYSE: HPQ) CCO reports RSU vesting, 57,814 shares and tax withholding
Rhea-AI Filing Summary
HP Inc. chief commercial officer David P. McQuarrie reported routine equity transactions related to vesting of previously granted restricted stock units. On 12/07/2025, 57,814 shares of HP common stock were acquired at $0 upon RSU vesting, and 28,668 shares were withheld at a price of $25.91 to cover tax obligations. Following these transactions, McQuarrie beneficially owned 101,799 shares of HP common stock directly. The filing also notes multiple RSU awards originally granted in 2022, 2023, and 2024, with dividend equivalent units accruing as HP pays dividends.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 19,275 | $0.00 | -- |
| Exercise | Restricted Stock Units | 19,112 | $0.00 | -- |
| Exercise | Restricted Stock Units | 19,427 | $0.00 | -- |
| Exercise | Common Stock | 57,814 | $0.00 | -- |
| Tax Withholding | Common Stock | 28,668 | $25.91 | $743K |
Footnotes (1)
- Shares withheld by HP to satisfy tax withholding upon vesting. Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock. As previously reported, on 12/8/2022, the reporting person was granted 51,966 RSUs, 1/3 of which vest annually over 3 years on the anniversary of 12/7/2022. 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 1,953 vested DEUs. As previously reported, on 12/19/2023, the reporting person was granted 53,765 RSUs, 1/3 of which vest annually over 3 years on the anniversary of 12/7/2023. 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 1,190 vested DEUs. As previously reported, on 12/9/2024, the reporting person was granted 55,967 RSUs, 1/3 of which vest annually over 3 years on the anniversary of 12/7/2024. 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 772 vested DEUs.
FAQ
What did HPQ executive David P. McQuarrie report on this Form 4?
David P. McQuarrie, HP Inc.'s Chief Commercial Officer, reported vesting of previously granted restricted stock units that resulted in common stock being acquired and some shares being withheld to satisfy tax obligations.
What restricted stock unit (RSU) grants for HPQ are referenced in this Form 4?
The filing references RSU grants made on 12/08/2022 (51,966 RSUs), 12/19/2023 (53,765 RSUs), and 12/09/2024 (55,967 RSUs), each vesting in three equal annual installments on the relevant 12/07 anniversary dates.
Do HP Inc. (HPQ) RSUs for David P. McQuarrie include dividend equivalent units?
Yes. For each RSU grant, dividend equivalent units (DEUs) accrue when dividends are paid on HP common stock. The filing notes that the derivative security counts include vested DEUs for each grant.