[Form 4] HP INC Insider Trading Activity

Rhea-AI Filing Summary

HP Inc. president and CEO Enrique Lores reported equity transactions related to vesting of previously granted restricted stock units. On December 7, 2025, 189,200 shares of HP common stock were acquired at $0 in connection with awards vesting. On the same date, 89,669 shares were disposed of at $25.91 per share, with the filing noting these shares were withheld by HP to satisfy tax withholding upon vesting.

After these transactions, Lores directly owned 183,378 HP shares and indirectly held 888,908 shares through a limited partnership he ultimately controls. The filing also shows multiple blocks of restricted stock units converting into common stock as part of long-term incentive grants made in 2022, 2023, and 2024, including associated dividend-equivalent units that vest as HP pays dividends.

Insider Trade Summary

189,200 shares exercised/converted

Mixed 6 txns

Insider LORES ENRIQUE

Role President and CEO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	66,814	$0.00	--
Exercise	Restricted Stock Units	63,391	$0.00	--
Exercise	Restricted Stock Units	58,995	$0.00	--
Exercise	Common Stock	189,200	$0.00	--
Tax Withholding	Common Stock	89,669	$25.91	$2.32M
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 273,047 shares (Direct); Common Stock — 888,908 shares (Indirect, By Limited Partnership)

Footnotes (1)

1. Shares withheld by HP to satisfy tax withholding upon vesting. Represents shares held by a limited partnership, which is ultimately controlled by the reporting person. Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock. As previously reported, on 12/8/2022, the reporting person was granted 180,126 RSUs, 1/3 of which vest annually over 3 years on the anniversary of 12/7/2022. Dividend equivalent units ("DEUs") accrue with respect to these RSUs when and as dividends are paid on HP common stock. The number of derivative securities in column 5 includes 6,772 vested DEUs. As previously reported, on 12/19/2023, the reporting person was granted 178,336 RSUs, 1/3 of which vest annually over 3 years on the anniversary of 12/7/2023. DEUs accrue with respect to these RSUs when and as dividends are paid on HP common stock. The number of derivative securities in column 5 includes 3,946 vested DEUs. As previously reported, on 12/9/2024, the reporting person was granted 169,959 RSUs, 1/3 of which vest annually over 3 years on the anniversary of 12/7/2024. DEUs accrue with respect to these RSUs when and as dividends are paid on HP common stock. The number of derivative securities in column 5 includes 2,342 vested DEUs.

Form 4 Insider Transactions: What Each Field Means →

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
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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^*

LORES ENRIQUE

(Last) (First) (Middle)

C/O HP INC.

1501 PAGE MILL ROAD

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
12/07/2025

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
Common Stock	12/07/2025		M		189,200	A	$0	273,047	D
Common Stock	12/07/2025		F		89,669(1)	D	$25.91	183,378	D
Common Stock								888,908	I	By Limited Partnership(2)

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	(3)	12/07/2025		M			66,814(4)	(4)	(4)	Common Stock	66,814	(4)	0	D
Restricted Stock Units	(3)	12/07/2025		M			63,391(5)	(5)	(5)	Common Stock	63,391	(5)	59,446	D
Restricted Stock Units	(3)	12/07/2025		M			58,995(6)	(6)	(6)	Common Stock	58,995	(6)	113,306	D

Explanation of Responses:

1. Shares withheld by HP to satisfy tax withholding upon vesting.

2. Represents shares held by a limited partnership, which is ultimately controlled by the reporting person.

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

4. As previously reported, on 12/8/2022, the reporting person was granted 180,126 RSUs, 1/3 of which vest annually over 3 years on the anniversary of 12/7/2022. Dividend equivalent units ("DEUs") accrue with respect to these RSUs when and as dividends are paid on HP common stock. The number of derivative securities in column 5 includes 6,772 vested DEUs.

5. As previously reported, on 12/19/2023, the reporting person was granted 178,336 RSUs, 1/3 of which vest annually over 3 years on the anniversary of 12/7/2023. DEUs accrue with respect to these RSUs when and as dividends are paid on HP common stock. The number of derivative securities in column 5 includes 3,946 vested DEUs.

6. As previously reported, on 12/9/2024, the reporting person was granted 169,959 RSUs, 1/3 of which vest annually over 3 years on the anniversary of 12/7/2024. DEUs accrue with respect to these RSUs when and as dividends are paid on HP common stock. The number of derivative securities in column 5 includes 2,342 vested DEUs.

	/s/ Linnea Thompson as Attorney-in-Fact for Enrique Lores	12/09/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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