Executive Ketan Patel (NYSE: HPQ) awarded 157,729 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Patel Ketan M reported acquisition or exercise transactions in this Form 4 filing.
HP Inc reported that Ketan M. Patel, President of Personal Systems, received a grant of 157,729 restricted stock units (RSUs). Each RSU represents the right to receive one share of HP common stock. Half of the grant vests on 3/2/2027 and the remaining half on 9/2/2027, with dividend equivalents accruing as dividends are paid.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Patel Ketan M
Role
President, Personal Systems
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 157,729 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 157,729 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 157,729 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 insider transaction did HPQ executive Ketan Patel report?
Ketan M. Patel reported receiving a grant of 157,729 restricted stock units from HP Inc. These RSUs are a form of equity compensation that convert into HP common shares as they vest over time, aligning the executive’s pay more closely with shareholder value.
How many HP Inc RSUs were granted to Ketan Patel in March 2026?
Ketan Patel was granted 157,729 restricted stock units on March 2, 2026. Each RSU represents a contingent right to receive one share of HP common stock, giving him potential ownership if vesting conditions are met and the units settle in shares.
When do Ketan Patel’s 157,729 HPQ RSUs vest?
Patel’s 157,729 RSUs vest in two equal installments. One-half vests on March 2, 2027, and the other half vests on September 2, 2027. Actual share delivery depends on continued satisfaction of vesting conditions through these stated dates.
What does each RSU in Ketan Patel’s HPQ grant represent?
Each RSU in Patel’s award represents a contingent right to one HP share. Once the vesting dates are reached and conditions are satisfied, the RSUs convert into HP common stock, giving him actual share ownership instead of just the promise of future shares.
Do Ketan Patel’s HPQ RSUs receive dividend equivalents?
Yes. The grant specifies that dividend equivalent units accrue on these RSUs when and as HP pays dividends on its common stock. This means the award tracks dividend value, which can increase the number of units or related value over time.