HP Inc. (NYSE: HPQ) director receives 18,264 RSUs as fully vested equity awards
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Citrino Mary Anne reported acquisition or exercise transactions in this Form 4 filing.
HP Inc. director Mary Anne Citrino reported equity compensation in the form of restricted stock units (RSUs). On 04/16/2026, she was granted 12,176 RSUs, with each unit representing a right to receive one share of HP common stock, and all of these vested on the grant date.
On the same date, she received a separate grant of 6,088 RSUs, which also fully vested at grant and was issued in lieu of her annual director cash retainer. She elected to defer delivery of the underlying HP common shares until her service on the Board of Directors ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Citrino Mary Anne
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)
- 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 her 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.
Key Figures
RSU grant: 12,176 RSUs
RSUs in lieu of cash retainer: 6,088 RSUs
Total RSUs awarded: 18,264 RSUs
+3 more
6 metrics
RSU grant
12,176 RSUs
Granted to Mary Anne Citrino on 04/16/2026; fully vested at grant
RSUs in lieu of cash retainer
6,088 RSUs
Granted on 04/16/2026 instead of annual director cash retainer; fully vested
Total RSUs awarded
18,264 RSUs
Combined equity compensation grants to HP director Mary Anne Citrino
RSU fair value per unit
$18.89 per unit
Transaction price per RSU for 6,088-unit grant
Underlying common shares (first grant)
12,176 shares
Common stock deliverable for the 12,176 RSUs
Underlying common shares (second grant)
6,088 shares
Common stock deliverable for the 6,088 RSUs issued in lieu of cash
Key Terms
Restricted Stock Units, contingent right, annual director cash retainer, defer the receipt of common stock
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock."
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.
contingent right financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock."
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 her service as a member of HP's Board of Directors."
FAQ
What insider transaction did HPQ director Mary Anne Citrino report?
Director Mary Anne Citrino reported receiving two grants of restricted stock units from HP Inc. totaling 18,264 RSUs on 04/16/2026. Both grants vested immediately and represent compensation for her service, including a portion paid instead of her usual annual director cash retainer.
How many HPQ restricted stock units were granted to Mary Anne Citrino?
Mary Anne Citrino was granted 12,176 restricted stock units plus a separate 6,088-unit award, for a total of 18,264 RSUs. Each RSU represents a contingent right to receive one share of HP common stock as part of her director compensation package.
Did the HPQ RSU awards to Mary Anne Citrino vest immediately?
Yes. Both HP Inc. RSU grants to Mary Anne Citrino on 04/16/2026 vested in full on the grant date. This means the units are no longer subject to vesting conditions, although delivery of the underlying common shares is deferred until she leaves the Board.
Why did Mary Anne Citrino receive 6,088 HPQ RSUs instead of cash?
The 6,088 restricted stock units granted to Mary Anne Citrino were issued instead of her annual director cash retainer. This replaces cash compensation with equity-based compensation, aligning part of her Board pay with HP common stock performance over time.
What does each HPQ restricted stock unit granted to Mary Anne Citrino represent?
Each restricted stock unit granted to Mary Anne Citrino represents a contingent right to receive one share of HP common stock. The units function as equity-based compensation, converting into actual HP shares according to vesting and deferral terms described in the disclosure.