[Form 4] HP INC Insider Trading Activity

Rhea-AI Filing Summary

HP Inc. officer Ketan M. Patel, President of Personal Systems, reported equity award activity involving HP common stock. On 12/07/2025, he acquired 41,590 shares of common stock at $0 per share through the vesting and settlement of restricted stock units. To cover tax withholding on this vesting, 20,614 shares were withheld by HP at a price of $25.91 per share, reducing the net shares he retained. Following these transactions, Patel directly beneficially owned 67,893 shares of HP common stock.

The filing also shows multiple restricted stock unit grants converting into common stock, with remaining RSU balances reflecting accrued dividend equivalent units, which increase the number of RSUs as dividends are paid.

Insider Trade Summary

41,590 shares exercised/converted

Mixed 5 txns

Insider Patel Ketan M

Role President, Personal Systems

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	11,722	$0.00	--
Exercise	Restricted Stock Units	14,630	$0.00	--
Exercise	Restricted Stock Units	15,238	$0.00	--
Exercise	Common Stock	41,590	$0.00	--
Tax Withholding	Common Stock	20,614	$25.91	$534K

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 88,507 shares (Direct)

Footnotes (1)

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 31,601 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 1,188 vested DEUs, which number of DEUs has been rounded up by one share from the number of DEUs reported the reporting person's Form 3 filed November 10, 2025. As previously reported, on 12/7/2023, the reporting person was granted 40,802 RSUs, 1/3 of which vest annually over 3 years on the anniversary of 12/7/2023. 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 1,029 vested DEUs, which number of DEUs has been rounded up by one share from the number of DEUs reported the reporting person's Form 3 filed November 10, 2025. The 14,628 shares reported in column 9 includes 1,027 unvested DEUs reflected the Reporting Person's Form 3 filed November 10, 2025. As previously reported, on 12/9/2024, the reporting person was granted 43,896 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 606 vested DEUs, which number of DEUs has been rounded up by one share from the number of DEUs reported the reporting person's Form 3 filed November 10, 2025. The 30,473 shares reported in column 9 includes 1,209 unvested DEUs reflected the reporting person's Form 3 filed November 10, 2025.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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
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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 CA 94304

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
HP INC [ HPQ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Personal Systems

3. Date of Earliest Transaction (Month/Day/Year)
12/07/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/07/2025		M		41,590	A	$0	88,507	D
Common Stock	12/07/2025		F		20,614(1)	D	$25.91	67,893	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)	12/07/2025		M			11,722(3)	(3)	(3)	Common Stock	11,722	(3)	0	D
Restricted Stock Units	(2)	12/07/2025		M			14,630(4)	(4)	(4)	Common Stock	14,630	(4)	14,628(5)	D
Restricted Stock Units	(2)	12/07/2025		M			15,238(6)	(6)	(6)	Common Stock	15,238	(6)	30,473(7)	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 12/8/2022, the reporting person was granted 31,601 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 1,188 vested DEUs, which number of DEUs has been rounded up by one share from the number of DEUs reported the reporting person's Form 3 filed November 10, 2025.

4. As previously reported, on 12/7/2023, the reporting person was granted 40,802 RSUs, 1/3 of which vest annually over 3 years on the anniversary of 12/7/2023. 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 1,029 vested DEUs, which number of DEUs has been rounded up by one share from the number of DEUs reported the reporting person's Form 3 filed November 10, 2025.

5. The 14,628 shares reported in column 9 includes 1,027 unvested DEUs reflected the Reporting Person's Form 3 filed November 10, 2025.

6. As previously reported, on 12/9/2024, the reporting person was granted 43,896 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 606 vested DEUs, which number of DEUs has been rounded up by one share from the number of DEUs reported the reporting person's Form 3 filed November 10, 2025.

7. The 30,473 shares reported in column 9 includes 1,209 unvested DEUs reflected the reporting person's Form 3 filed November 10, 2025.

	/s/ Linnea Thompson as Attorney-in-Fact for Ketan M. Patel	12/09/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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