HP Inc (NYSE: HPQ) CLO reports RSU vesting and share withholding
Rhea-AI Filing Summary
HP Inc.'s Chief Legal Officer and General Counsel, Julie M. Jacobs, reported equity award activity involving company stock. On 12/07/2025, 51,983 shares of HP common stock were acquired at an exercise price of $0, reflecting the vesting and settlement of restricted stock units. To cover tax withholding on this vesting, 23,447 shares were withheld by HP at a price of $25.91 per share, leaving Jacobs with 274,028 shares of HP common stock held directly after the transactions. Related RSU awards granted in 2022, 2023, and 2024 continue to vest over three-year schedules, with dividend equivalent units accruing as HP pays dividends.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 18,234 | $0.00 | -- |
| Exercise | Restricted Stock Units | 17,750 | $0.00 | -- |
| Exercise | Restricted Stock Units | 15,999 | $0.00 | -- |
| Exercise | Common Stock | 51,983 | $0.00 | -- |
| Tax Withholding | Common Stock | 23,447 | $25.91 | $608K |
Footnotes (1)
- Shares withheld by HP to satisfy tax withholding upon vesting. 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 49,157 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 1,848 vested DEUs. As previously reported, on 12/19/2023, the reporting person was granted 49,934 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 1,105 vested DEUs. As previously reported, on 12/9/2024, the reporting person was granted 46,091 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 636 vested DEUs.
FAQ
What insider transaction did HPQ executive Julie M. Jacobs report?
Julie M. Jacobs, HP Inc.'s Chief Legal Officer and General Counsel, reported the vesting and settlement of restricted stock units into 51,983 shares of HP common stock on 12/07/2025.
What do the restricted stock units (RSUs) reported for HPQ represent?
Each restricted stock unit reported represents a contingent right to receive one share of HP Inc. common stock, with vesting over time according to prior grant terms.
Which past RSU grants for HPQ are referenced in this filing?
The filing references RSU grants made on 12/08/2022, 12/19/2023, and 12/09/2024, each vesting in three annual installments on the anniversary of 12/07 of the grant year.
What are dividend equivalent units (DEUs) mentioned in the HPQ Form 4?
Dividend equivalent units accrue on RSUs when HP pays dividends on its common stock; the filing notes that the RSU counts include vested DEUs added to each grant.