HP Inc. (NYSE: HPQ) CFO receives 210,305 restricted stock units grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PARKHILL KAREN L reported acquisition or exercise transactions in this Form 4 filing.
HP Inc. reported that its Chief Financial Officer, Karen L. Parkhill, received a grant of 210,305 restricted stock units (RSUs) on March 2, 2026. Each RSU represents a right to receive one share of HP common stock.
According to the filing, half of these RSUs vest on March 2, 2027 and the remaining half vest on September 2, 2027. Dividend equivalent units will accrue on these RSUs when and as dividends are paid on HP common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
PARKHILL KAREN L
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 210,305 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 210,305 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 210,305 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 did HPQ CFO Karen Parkhill report in this Form 4 filing?
Karen L. Parkhill, Chief Financial Officer of HP Inc., reported receiving a grant of 210,305 restricted stock units. These RSUs are a form of equity compensation that may convert into HP common shares as they vest over time.
How many HPQ restricted stock units were granted to the CFO?
The CFO received 210,305 restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of HP common stock, giving the award a direct link to HP’s future share performance as the units vest.
When do the newly granted HPQ RSUs to the CFO vest?
The 210,305 RSUs vest in two equal installments. One-half vests on March 2, 2027, and the remaining half vests on September 2, 2027, creating a staggered schedule that encourages ongoing executive retention.
What does each HPQ restricted stock unit granted to the CFO represent?
Each restricted stock unit represents a contingent right to receive one share of HP common stock. The units convert into actual shares only upon vesting, aligning executive compensation with HP’s equity value over time.
Do the HPQ RSUs granted to the CFO receive dividend equivalents?
Yes. The filing states that dividend equivalent units accrue on these RSUs when and as dividends are paid on HP common stock, effectively mirroring dividend benefits that would be received by regular shareholders on the underlying shares.
Is the HPQ Form 4 transaction a purchase or a compensation grant?
The Form 4 reflects a grant or award acquisition of RSUs, not an open-market stock purchase. The transaction code is “A,” indicating it is part of the CFO’s equity-based compensation package from HP Inc.