Executive Ketan Patel (NYSE: HPQ) awarded 157,729 RSUs

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.

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

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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).

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^*

Patel Ketan M

(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)
	President, Personal Systems

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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

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	(1)	03/02/2026		A		157,729(2)		(2)	(2)	Common Stock	157,729	(2)	157,729	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.

2. 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.

	/s/ Linnea Thompson as Attorney-in-Fact for Ketan M. Patel	03/04/2026
	** 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 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.