HP Inc. (NYSE: HPQ) CEO Enrique Lores reports 41,922-share sale in 10b5-1 plan

Rhea-AI Filing Summary

HP Inc.'s President and CEO, Enrique Lores, reported the sale of 41,922 shares of HP common stock on December 5, 2025. The sale was coded as an open market sale and was carried out under a Rule 10b5-1 trading plan that he adopted on June 30, 2025, meaning the trades were pre-arranged rather than made at his discretion on the day of sale.

The shares were sold at a weighted average price of about $26.005 per share, with individual trades ranging from $26.00 to $26.04. After this transaction, Lores beneficially owned 141,456 shares directly and 888,908 shares indirectly through a limited partnership he ultimately controls, with these ownership amounts stated as of December 9, 2025.

Insider Trade Summary

Net Seller: 41,922 shares ($1,090,182)

Net Sell 2 txns

Insider LORES ENRIQUE

Role President and CEO

Sold 41,922 shs ($1.09M)

Type	Security	Shares	Price	Value
Sale	Common Stock	41,922	$26.005	$1.09M
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 141,456 shares (Direct); Common Stock — 888,908 shares (Indirect, By Limited Partnership)

Footnotes (1)

1. The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 6/30/2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.00 to $26.04, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. The number of shares beneficially owned is as of December 9, 2025. Represents shares held by a limited partnership, which is ultimately controlled by the reporting person.

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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
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).

X

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)
12/05/2025

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	12/05/2025		S(1)		41,922	D	$26.005(2)	141,456(3)	D
Common Stock								888,908	I	By Limited Partnership(4)

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:

1. The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 6/30/2025.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.00 to $26.04, inclusive. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

3. The number of shares beneficially owned is as of December 9, 2025.

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

	/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.
* 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 insider transaction did HPQ report for Enrique Lores?

Enrique Lores, President and CEO of HP Inc., reported an open market sale of 41,922 shares of HP common stock on December 5, 2025.

At what price did Enrique Lores sell HPQ shares?

The reported weighted average price was about $26.005 per share, with individual trades executed between $26.00 and $26.04.

Was the HPQ insider sale by Enrique Lores under a Rule 10b5-1 plan?

Yes. The filing states the sales were executed under a Rule 10b5-1 trading plan adopted by Enrique Lores on June 30, 2025.

How many HPQ shares does Enrique Lores own after this transaction?

Following the reported sale, Enrique Lores beneficially owned 141,456 shares directly and 888,908 shares indirectly through a limited partnership, as of December 9, 2025.

What is the nature of Enrique Lores’ indirect ownership of HPQ shares?

The filing notes that 888,908 shares are held by a limited partnership that is ultimately controlled by Enrique Lores, giving him indirect beneficial ownership.

Who signed the HPQ Form 4 for this insider transaction?

The Form 4 was signed by Linnea Thompson as Attorney-in-Fact for Enrique Lores on December 9, 2025.