HP Inc. officer logs RSU vesting and 18,154-share sale under 10b5-1

Rhea-AI Filing Summary

HP Inc. (HPQ) officer Anneliese Olson reported equity transactions on Form 4. On 10/27/2025, 27,751 shares of common stock were acquired at $0 upon the vesting/settlement of RSUs (Code M). On the same date, 9,597 shares were withheld at $27.92 to satisfy tax obligations (Code F). On 10/29/2025, 18,154 shares were sold at $27.88 under a Rule 10b5-1 trading plan adopted on 12/26/2024 (Code S).

Following these transactions, common stock directly held was 169 shares. RSUs beneficially owned after the reported transactions totaled 27,567. The underlying RSU grant was originally 77,399 (granted 10/27/2023), vesting in three annual tranches; dividend equivalents accrue on these RSUs.

Insights

Equity compensation analyst

Routine RSU vesting, tax withholding, and planned sale; neutral.

The filing shows standard equity compensation activity. On 10/27/2025, RSUs settled into 27,751 common shares (Code M), a non-cash event typically tied to vesting schedules. To cover taxes, 9,597 shares were withheld at an average price of $27.92 (Code F).

Two days later, on 10/29/2025, the insider sold 18,154 shares at $27.88 under a pre-established Rule 10b5-1 plan dated 12/26/2024 (Code S). After these entries, direct common holdings were 169 shares and RSUs outstanding were 27,567. These mechanics are routine and do not, by themselves, alter the company’s fundamentals.

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

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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).

X

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^*

Olson Anneliese

(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)
	Pres Imaging Prtng & Solutions

3. Date of Earliest Transaction (Month/Day/Year)
10/27/2025

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	10/27/2025		M		27,751	A	$0	27,920	D
Common Stock	10/27/2025		F		9,597(1)	D	$27.92	18,323	D
Common Stock	10/29/2025		S(2)		18,154	D	$27.88	169	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	(3)	10/27/2025		M			27,751(4)	(4)	(4)	Common Stock	27,751	(4)	27,567	D

Explanation of Responses:

1. Shares withheld by HP to satisfy tax withholding upon vesting of Restricted Stock Units ("RSUs").

2. The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 12/26/2024.

3. Each RSU represents a contingent right to receive one share of HP common stock.

4. As previously reported, on 10/27/23, the reporting person was granted 77,399 RSUs, 1/3 of which vest annually over 3 years on the anniversary of the grant date. Dividend equivalent rights 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 1,951 vested dividend equivalent rights.

	/s/ Linnea Thompson as Attorney-in-Fact for Anneliese Olson	10/29/2025
	** Signature of Reporting Person	Date
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.
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FAQ

What did HPQ's officer report on this Form 4?

Vesting of 27,751 RSU-linked shares (Code M), 9,597 shares withheld for taxes at $27.92 (Code F), and a sale of 18,154 shares at $27.88 (Code S).

At what prices were the HPQ transactions executed?

Tax withholding occurred at $27.92 per share on 10/27/2025; an open-market sale was executed at $27.88 per share on 10/29/2025.

Was the HPQ share sale under a Rule 10b5-1 plan?

Yes. The 18,154-share sale on 10/29/2025 was pursuant to a Rule 10b5-1 plan adopted on 12/26/2024.

How many HPQ shares and RSUs did the insider hold after the transactions?

Directly held common stock totaled 169 shares; RSUs beneficially owned were 27,567 after the reported transactions.

What is the vesting schedule of the reported HPQ RSUs?

A 77,399-RSU grant from 10/27/2023 vests in three equal annual installments; dividend equivalents accrue as dividends are paid.

What do the Form 4 transaction codes mean for HPQ?

M indicates RSU conversion to shares; F indicates shares withheld for taxes; S indicates an open-market sale.