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HP Inc. (NYSE: HPQ) director receives RSU grants and defers shares

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

CLEMMER RICHARD L reported acquisition or exercise transactions in this Form 4 filing.

HP Inc. director Richard L. Clemmer received equity-based compensation in the form of restricted stock units (RSUs). On 04/16/2026, he was granted 12,176 RSUs that vested immediately, with delivery of the underlying HP common shares deferred until his service on the Board ends. On the same date, he was also granted 6,088 immediately vested RSUs issued in lieu of the annual director cash retainer. Each RSU represents a contingent right to receive one share of HP common stock. These are compensatory awards, not open-market stock purchases or sales.

Positive

  • None.

Negative

  • None.
Insider CLEMMER RICHARD L
Role null
Type Security Shares Price Value
Grant/Award Restricted Stock Units 12,176 $0.00 --
Grant/Award Restricted Stock Units 6,088 $18.89 $115K
Holdings After Transaction: Restricted Stock Units — 12,176 shares (Direct, null)
Footnotes (1)
  1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock. On 04/16/2026, the reporting person was granted 12,176 RSUs, all of which vested on the grant date. The reporting person elected to defer the receipt of common stock until the termination of his service as a member of HP's Board of Directors. On 04/16/2026, the reporting person was granted 6,088 RSUs, all of which vested on the grant date. These RSUs were issued to the reporting person in lieu of the annual director cash retainer.
RSU grant (deferred shares) 12,176 RSUs Granted and vested on April 16, 2026; delivery deferred until board service ends
RSU grant in lieu of cash retainer 6,088 RSUs Granted and vested on April 16, 2026; issued instead of annual director cash retainer
RSU-to-share ratio 1 RSU = 1 share Each RSU represents a contingent right to receive one HP common share
Transaction code A (grant/award acquisition) Both RSU grants coded as compensatory acquisitions, not open-market trades
Restricted Stock Units financial
"On 04/16/2026, the reporting person was granted 12,176 RSUs, all of which vested on the grant date."
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.
RSU financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
annual director cash retainer financial
"These RSUs were issued to the reporting person in lieu of the annual director cash retainer."
defer the receipt of common stock financial
"The reporting person elected to defer the receipt of common stock until the termination of his service as a member of HP's Board of Directors."
Form 4 Insider Transactions: What Each Field Means →
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*
CLEMMER RICHARD L
(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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/16/2026		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
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(1)04/16/2026A12,176(2) (2)(3) (2)Common Stock12,176$0(2)12,176D
Restricted Stock Units(1)04/16/2026A6,088(4) (3)(4) (4)Common Stock6,088$18.89(4)6,088D
Explanation of Responses:
1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.
2. On 04/16/2026, the reporting person was granted 12,176 RSUs, all of which vested on the grant date.
3. The reporting person elected to defer the receipt of common stock until the termination of his service as a member of HP's Board of Directors.
4. On 04/16/2026, the reporting person was granted 6,088 RSUs, all of which vested on the grant date. These RSUs were issued to the reporting person in lieu of the annual director cash retainer.
/s/ Linnea Thompson as Attorney-in-Fact for Richard L. Clemmer04/20/2026
** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did HPQ director Richard L. Clemmer report in this Form 4 filing?

Richard L. Clemmer reported receiving grants of restricted stock units from HP Inc. The filing shows two RSU awards on April 16, 2026, as part of his director compensation, rather than any open-market purchases or sales of HP common stock.

How many HPQ restricted stock units did Richard L. Clemmer receive?

He received 12,176 restricted stock units and an additional 6,088 restricted stock units. Both grants vested on the grant date, giving him contingent rights to receive an equivalent number of HP Inc. common shares in the future.

Were the HPQ restricted stock units granted to Richard L. Clemmer immediately vested?

Yes. The Form 4 notes that both the 12,176 RSUs and the 6,088 RSUs vested on April 16, 2026. Although they vested immediately, actual receipt of common stock from one grant is deferred until he leaves HP’s Board of Directors.

Did Richard L. Clemmer buy or sell HPQ shares in the market?

No market purchases or sales are shown. The transactions are coded as RSU grants, representing equity compensation rather than open-market trading. They increase his contingent rights to HP common shares without any reported cash buy or sell activity.

Why did HPQ grant 6,088 RSUs to Richard L. Clemmer?

The 6,088 RSUs were issued in lieu of HP Inc.’s annual director cash retainer. Instead of receiving cash, Clemmer accepted the retainer value as restricted stock units, aligning part of his compensation more directly with HP’s share performance.

When will Richard L. Clemmer receive the HPQ shares from his deferred RSUs?

For the 12,176 RSUs, Clemmer elected to defer receipt of HP common stock until his service as a member of HP’s Board of Directors terminates. The filing indicates this timing election but does not add further scheduling details.