HP executive Patel (NYSE: HPQ) reports RSU vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HP Inc. president Ketan M. Patel reported equity transactions tied to vesting restricted stock units. On February 3, 2026, 1,119 restricted stock units converted into the same number of HP common shares at an exercise price of $0.
To cover taxes upon vesting, 447 common shares were withheld by HP at a price of $19 per share. After these transactions, Patel directly holds 35,244 shares of HP common stock and 2,236 restricted stock units, which include dividend equivalent units noted in prior filings.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,119 shares exercised/converted
Mixed
3 txns
Insider
Patel Ketan M
Role
President, Personal Systems
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,119 | $0.00 | -- |
| Exercise | Common Stock | 1,119 | $0.00 | -- |
| Tax Withholding | Common Stock | 447 | $19.00 | $8K |
Holdings After Transaction:
Restricted Stock Units — 2,236 shares (Direct);
Common Stock — 35,691 shares (Direct)
Footnotes (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 2/3/2025, the reporting person was granted 3,207 RSUs, 1/3 of which vest annually over 3 years on the anniversary of 2/3/2025. 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 50 vested DEUs. The 2,236 shares reported in column 9 includes 98 unvested DEUs reflected the Reporting Person's Form 3 filed November 10, 2025.
FAQ
What insider transaction did HPQ executive Ketan M. Patel report?
Ketan M. Patel reported vesting of 1,119 restricted stock units into HP common stock. In connection with this vesting, shares were withheld to satisfy tax obligations, and his direct holdings of stock and RSUs were updated accordingly in the filing.
What are Ketan M. Patel’s HPQ common stock holdings after the transaction?
After the reported transactions, Patel directly owns 35,244 shares of HP common stock. This figure reflects the RSU conversion and the tax withholding share reduction recorded on February 3, 2026, in the non-derivative securities table.
How many restricted stock units does Ketan M. Patel hold after this filing?
Following the vesting event, Patel holds 2,236 restricted stock units. The total includes dividend equivalent units, which accumulate as cash dividends are paid on HP stock, as explained in the footnotes to the derivative securities table.
What RSU grant structure is described in HPQ executive Patel’s Form 4?
The filing notes a prior grant of 3,207 restricted stock units awarded on February 3, 2025. One-third of these RSUs vest annually over three years on each anniversary of that grant date, with dividend equivalent units accruing alongside regular HP dividends.