HP Inc (NYSE: HPQ) awards 105,152 restricted stock units to legal chief
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jacobs Julie M reported acquisition or exercise transactions in this Form 4 filing.
HP Inc disclosed that Chief Legal Officer and General Counsel Julie M. Jacobs received a grant of 105,152 restricted stock units (RSUs) on March 2, 2026. Each RSU represents the right to receive one share of HP common stock if vesting conditions are met.
Half of these RSUs are scheduled to vest on March 2, 2027, and the remaining half on September 2, 2027. Dividend equivalent units will accrue on these RSUs when and as dividends are paid on HP common stock, effectively tracking future dividend payments during the vesting period.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jacobs Julie M
Role
Chief Legal Officer and GC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 105,152 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 105,152 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock. On 3/2/2026, the reporting person was granted 105,152 RSUs, 1/2 of which vest 3/2/2027 and 1/2 of which vest 9/2/2027. Dividend equivalent units accrue with respect to these RSUs when and as dividends are paid on HP common stock.
FAQ
What insider transaction did HPQ report for Julie M. Jacobs?
HP Inc reported that Chief Legal Officer and General Counsel Julie M. Jacobs received a grant of 105,152 restricted stock units. The award was made on March 2, 2026 and represents potential future HP common shares, subject to vesting conditions being satisfied over time.
How many HPQ restricted stock units were granted to Julie M. Jacobs?
Julie M. Jacobs was granted 105,152 restricted stock units. Each RSU represents a contingent right to receive one share of HP common stock, giving her a significant equity-based incentive tied directly to HP’s future performance and continued service through the vesting dates.
What is the vesting schedule for Julie M. Jacobs’ HPQ RSU grant?
The 105,152 RSUs granted to Julie M. Jacobs vest in two equal installments. One-half vests on March 2, 2027, and the remaining half vests on September 2, 2027, aligning her long-term compensation with HP’s multi‑year performance and retention objectives.
Do Julie M. Jacobs’ HPQ RSUs receive dividend equivalents?
Yes. Dividend equivalent units accrue on these RSUs when and as dividends are paid on HP common stock. This means the RSU position tracks HP’s dividend activity, enhancing the economic value of the award during the period before the units actually vest.
What does each HPQ restricted stock unit granted to Julie M. Jacobs represent?
Each restricted stock unit granted to Julie M. Jacobs represents a contingent right to receive one share of HP common stock. Actual share delivery depends on the RSUs vesting according to the specified schedule and any applicable employment or plan conditions.