HP (NYSE: HPQ) awards 157,729 RSUs to Chief Commercial Officer McQuarrie
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McQuarrie David P. reported acquisition or exercise transactions in this Form 4 filing.
HP Inc. reported that Chief Commercial Officer David P. McQuarrie received a grant of 157,729 restricted stock units on March 2, 2026. Each RSU represents a contingent right to one share of HP common stock. Half of the award vests on March 2, 2027 and the remaining half on September 2, 2027. Dividend-equivalent units will accrue on these RSUs when and as HP pays dividends on its common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
McQuarrie David P.
Role
Chief Commercial Officer
| 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 report for David P. McQuarrie?
HP’s chief commercial officer David P. McQuarrie was granted 157,729 restricted stock units on March 2, 2026. This equity award represents a contingent right to receive HP common shares as the units vest over time.
How many RSUs did HPQ’s chief commercial officer receive?
David P. McQuarrie received a grant of 157,729 restricted stock units. Each RSU corresponds to one potential share of HP common stock, aligning a portion of his compensation with future company performance and share price.
When do the HPQ RSUs granted to David P. McQuarrie vest?
The 157,729 RSUs vest in two equal tranches. One half vests on March 2, 2027, and the other half vests on September 2, 2027, creating a staggered, time-based vesting schedule for this equity award.
What does each HPQ restricted stock unit granted to McQuarrie represent?
Each restricted stock unit represents a contingent right to receive one share of HP common stock. The shares are delivered only if the RSUs vest under the time-based schedule described in the award’s terms.
Do the HPQ RSUs for David P. McQuarrie earn dividends before vesting?
Dividend-equivalent units accrue on these RSUs when and as dividends are paid on HP common stock. These equivalents mirror dividends on the underlying shares, typically settling in additional units or shares under the plan terms.
Is the HPQ Form 4 transaction a purchase or a grant?
The Form 4 reports a grant or award acquisition of restricted stock units, not an open-market purchase. The transaction code is “A,” indicating a grant, award, or other acquisition of derivative securities as part of compensation.