HP Inc. (NYSE: HPQ) CCO sells 10,524 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
HP Inc. Chief Commercial Officer David P. McQuarrie reported an open-market sale of 10,524 shares of HP common stock at $24.68 per share on June 12, 2026. After this transaction, he directly holds 92,200 shares.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 10, 2026, indicating it was scheduled in advance. His reported holdings include 925 shares acquired through HP's 2021 employee stock purchase plan on March 13, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 10,524 shares ($259,732)
Net Sell
1 txn
Insider
McQuarrie David P.
Role
Chief Commercial Officer
Sold
10,524 shs ($260K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,524 | $24.68 | $260K |
Holdings After Transaction:
Common Stock — 92,200 shares (Direct, null)
Footnotes (1)
- The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on 3/10/2026. Includes 925 shares acquired under HP's 2021 employee stock purchase plan on 3/13/2026.
Key Figures
Shares sold: 10,524 shares
Sale price: $24.68 per share
Shares held after sale: 92,200 shares
+2 more
5 metrics
Shares sold
10,524 shares
Open-market sale on June 12, 2026
Sale price
$24.68 per share
Price for HP common stock in reported sale
Shares held after sale
92,200 shares
Direct HP common stock holdings following transaction
ESPP shares included
925 shares
Acquired under HP's 2021 employee stock purchase plan on March 13, 2026
Net buy/sell direction
10,524 net shares sold
TransactionSummary netBuySellShares for this Form 4
Key Terms
Rule 10b5-1 trading plan, open-market sale, employee stock purchase plan, Form 4
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on 3/10/2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
employee stock purchase plan financial
"Includes 925 shares acquired under HP's 2021 employee stock purchase plan on 3/13/2026."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
Form 4 regulatory
"The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan..."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did HPQ executive David McQuarrie report?
David P. McQuarrie, HP Inc.’s Chief Commercial Officer, reported selling 10,524 shares of common stock in an open-market transaction. The sale was recorded at $24.68 per share and left him with 92,200 directly owned HP shares afterward.
Was the June 2026 HPQ stock sale by David McQuarrie pre-planned?
Yes. The sale was executed under a Rule 10b5-1 trading plan adopted by David McQuarrie on March 10, 2026. Such plans allow insiders to schedule trades in advance, helping separate personal trading decisions from day-to-day market developments.
What is a Rule 10b5-1 trading plan in the context of HPQ insider sales?
A Rule 10b5-1 trading plan allows insiders to pre-schedule stock trades according to preset instructions. McQuarrie’s June 12, 2026 sale was executed under such a plan adopted on March 10, 2026, indicating the trade was arranged ahead of time.