HP director settles 9,881 deferred RSUs

HP Inc. director Charles V. Bergh settled a deferred equity award, increasing his direct share holdings.

Rhea-AI Filing Summary

HP Inc. director Charles V. Bergh settled a deferred equity award, increasing his direct share holdings. On April 1, he exercised 9,881 restricted stock units into 9,881 shares of HP common stock at a $0.00 exercise price, a non-cash conversion of an existing award.

The RSUs originated from a grant of 7,965 units made on April 23, 2019, which vested on that date but whose share delivery was deferred until April 1, 2026. The 9,881 units include 1,916 dividend equivalent rights that accrued as HP paid dividends. After receiving these shares, Bergh directly owns 94,515 HP shares.

Insider Trade Summary

9,881 shares exercised/converted

Exercise 2 txns

Insider Bergh Charles V

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	9,881	$0.00	$0.00
Exercise	Common Stock	9,881	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock — 94,515 shares (Direct)

Footnotes (2)

1. F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.
2. F2. As previously reported, on April 23, 2019, the Reporting Person was granted 7,965 RSUs, all of which vested on the grant date; however, the Reporting Person elected to defer the receipt of common stock until April 1, 2026. Dividend equivalent rights accrued with respect to these RSUs when and as dividends were paid on HP common stock. The number of derivative securities in column 5 includes 1,916 vested dividend equivalent rights.

Key Figures

RSUs exercised: 9,881 units Original RSU grant: 7,965 units Dividend equivalent rights: 1,916 units +2 more

5 metrics

RSUs exercised 9,881 units Restricted stock units converted to HP common stock on April 1, 2026

Original RSU grant 7,965 units Granted April 23, 2019 and vested on grant date

Dividend equivalent rights 1,916 units Accrued on RSUs as HP dividends were paid

Shares owned after transaction 94,515 shares HP common stock directly held by Charles V. Bergh

Exercise price $0.00 per share Conversion of RSUs into HP common stock

Key Terms

Restricted Stock Units, dividend equivalent rights, derivative security, deferred the receipt of common stock

4 terms

Restricted Stock Units financial

"Each restricted stock unit ("RSU") represents a contingent right to receive one share"

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.

dividend equivalent rights financial

"Dividend equivalent rights accrued with respect to these RSUs when and as dividends were paid"

Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.

derivative security financial

"The number of derivative securities in column 5 includes 1,916 vested dividend equivalent rights"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

deferred the receipt of common stock financial

"the Reporting Person elected to defer the receipt of common stock until April 1, 2026"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did HPQ director Charles V. Bergh report?

Charles V. Bergh reported exercising 9,881 restricted stock units into 9,881 HP common shares at a $0.00 exercise price. This was a non-cash conversion of an existing equity award rather than an open-market stock purchase or sale.

How many HPQ shares does Charles V. Bergh hold after this Form 4?

After the reported transactions, Charles V. Bergh directly holds 94,515 shares of HP common stock. This reflects the addition of 9,881 shares delivered from previously granted restricted stock units that were deferred until April 1, 2026.

What is the origin of the 9,881 RSUs exercised by the HPQ director?

The 9,881 RSUs come from a grant of 7,965 restricted stock units awarded on April 23, 2019, which vested on the grant date. The total includes 1,916 dividend equivalent rights that accumulated as HP paid dividends on its common stock over time.

Did Charles V. Bergh buy or sell HPQ shares on the open market?

The filing shows no open-market buys or sells. Instead, Bergh exercised 9,881 restricted stock units at a $0.00 exercise price, converting a deferred equity award into HP common shares without a market transaction.

What are dividend equivalent rights in the HPQ Form 4 filing?

Dividend equivalent rights are additional units that accrue when dividends are paid on HP common stock. In this case, 1,916 such rights were added to the original RSU grant, bringing the total derivative units settled to 9,881 shares delivered.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/03/2026 - 01:16 PM Learn about SEC filing dates

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Bergh Charles V

(Last) (First) (Middle)

C/O HP INC.

1501 PAGE MILL ROAD

(Street)

PALO ALTO CALIFORNIA 94304

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
HP INC [ HPQ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Common Stock	04/01/2026		M		9,881	A	$0	94,515	D

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)	04/01/2026		M			9,881(2)	(2)	(2)	Common Stock	9,881	(2)	0	D

Explanation of Responses:

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

2. As previously reported, on April 23, 2019, the Reporting Person was granted 7,965 RSUs, all of which vested on the grant date; however, the Reporting Person elected to defer the receipt of common stock until April 1, 2026. Dividend equivalent rights accrued with respect to these RSUs when and as dividends were paid on HP common stock. The number of derivative securities in column 5 includes 1,916 vested dividend equivalent rights.

	/s/ Linnea Thompson as Attorney-in-Fact for Charles V. Bergh	04/03/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)