HP Inc. (HPQ) Director Files Trust and Spouse Share Transfers in Form 4

Rhea-AI Filing Summary

HP Inc. (HPQ) Form 4: Director Ma. Fatima Francisco reported a series of non-derivative common stock transfers on 09/03/2025 and 09/04/2025. On 09/03/2025, 9,568 shares were disposed of directly at $0 and the same number were acquired indirectly by a trust, leaving 9,568 shares beneficially owned indirectly by trust. On 09/04/2025, 9,568 shares were disposed of by the trust at $0 and 9,568 shares were acquired at $0 resulting in 13,880 shares reported as indirectly owned by spouse. The form was signed by an attorney-in-fact on 09/05/2025.

Insights

Financial Analyst

TL;DR: Routine director transfers between direct, trust, and spouse resulted in unchanged economic exposure; appears administrative, not market-moving.

The reported transactions show internal reclassification of 9,568 common shares on 09/03/2025 from direct ownership to a trust, and subsequent trust transfers on 09/04/2025 leading to 13,880 shares held indirectly by spouse. No purchase or sale for consideration is reported (price $0), suggesting estate/ownership structuring rather than arm's-length market transactions. For investors, these entries do not disclose company-operational information or cash flows.

Corporate Governance Expert

TL;DR: Disclosure documents show expected Section 16 reclassifications and third-party signatory; governance implications are limited.

The Form 4 indicates the reporting person is a director and filings were made by one reporting person. Transactions coded "G" (certain transfers) and use of an attorney-in-fact signature are consistent with permitted transfers under Section 16 reporting rules. The movements appear to reflect internal ownership structuring (trust and spouse holdings). There is no indication of compensation, related-party sales, or changes to director status in this filing.

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^*

Francisco Ma. Fatima

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2025

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	09/03/2025		G		9,568	D	$0	0	D
Common Stock	09/03/2025		G	V	9,568	A	$0	9,568	I	By Trust
Common Stock	09/04/2025		G		9,568	D	$0	0	I	By Trust
Common Stock	09/04/2025		G	V	9,568	A	$0	13,880	I	By Spouse

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

Explanation of Responses:

	/s/ Christopher Kortum as Attorney-in-Fact for Ma. Fatima Francisco	09/05/2025
	** 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.

FAQ

What transactions did HPQ director Ma. Fatima Francisco report on the Form 4?

The director reported transfers of 9,568 common shares on 09/03/2025 and further trust-related transfers on 09/04/2025 with prices recorded as $0.

How many shares does the Form 4 show as beneficially owned after the transactions?

The filing reports 9,568 shares indirectly owned by a trust after 09/03/2025 and 13,880 shares indirectly owned by spouse after 09/04/2025.

What is the reporting relationship of the person filing the Form 4?

The reporting person is indicated as a Director of HP Inc.

Were any cash purchases or sales reported in these transactions?

No. All reported transactions list the price as $0, indicating transfers rather than market purchases or sales for consideration.

When was the Form 4 signed and by whom?

The form was signed on 09/05/2025 by Christopher Kortum as attorney-in-fact for Ma. Fatima Francisco.