HPQ: Chief Legal Officer Receives 128,944 RSUs, 52,661 Sold for Taxes

Rhea-AI Filing Summary

HP Inc. Chief Legal Officer Julie M. Jacobs reported stock plan activity on 10/03/2025. She received 128,944 restricted stock units (RSUs) that vested and were recorded as acquired at a $0 per-share transaction value, and 52,661 shares were withheld/sold at $26.64 per share to satisfy tax withholding. After these transactions her beneficial ownership is reported as 230,084 shares (direct). The filing explains the RSUs originated from a 10/03/2022 grant of 347,625 RSUs that vest one‑third annually and include dividend equivalent rights.

Positive

• 128,944 RSUs vested, increasing shareholdings through compensation rather than open‑market purchase
• RSU grant origin traced to a 10/03/2022 award of 347,625 RSUs with a clear annual vesting schedule

Negative

• 52,661 shares withheld/sold at $26.64 to satisfy tax withholding, reducing direct holdings to 230,084 shares

Insights

Compensation & Equity Specialist

Officer received vested RSUs; a portion was withheld for taxes.

The filing shows 128,944 RSUs converted to common stock on 10/03/2025, consistent with a three‑year vesting schedule from the 10/03/2022 grant of 347,625 RSUs. The conversion was treated as an acquisition at $0 in the report because the economic event is vesting rather than an open‑market purchase.

Concurrently, 52,661 shares were surrendered/withheld at $26.64 per share to satisfy tax withholding obligations, leaving reported direct ownership of 230,084 shares. Monitor equity plan vesting cadence and future withholding patterns at annual anniversaries for incremental changes to insider holdings.

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

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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^*

Jacobs Julie M

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Legal Officer and GC

3. Date of Earliest Transaction (Month/Day/Year)
10/03/2025

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	10/03/2025		M		128,944	A	$0	282,745	D
Common Stock	10/03/2025		F		52,661(1)	D	$26.64	230,084	D

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	(2)	10/03/2025		M			128,944(3)	(3)	(3)	Common Stock	128,944	(3)	0	D

Explanation of Responses:

1. Shares withheld by HP to satisfy tax withholding upon vesting of Restricted Stock Units ("RSUs").

2. Each RSU represents a contingent right to receive one share of HP common stock.

3. As previously reported, on 10/3/2022, the reporting person was granted 347,625 RSUs, 1/3 of which vest annually over 3 years on the anniversary of the grant date. Dividend equivalent rights 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 13,069 vested dividend equivalent rights.

	/s/ Linnea Thompson as Attorney-in-Fact for Julie M. Jacobs	10/07/2025
	** 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 did Julie M. Jacobs (HPQ) report on her Form 4 dated 10/03/2025?

She reported 128,944 RSUs vested (converted to common stock) and 52,661 shares were withheld/sold at $26.64 per share for tax withholding, leaving 230,084 shares beneficially owned.

Where did the vested RSUs come from for Julie M. Jacobs?

The RSUs stem from a grant on 10/03/2022 of 347,625 RSUs, with one‑third vesting annually over three years and dividend equivalent rights included.

Why is the RSU acquisition shown with a $0 price?

Vesting events are recorded as acquisitions at $0 per the reporting format because the transaction reflects delivery of compensation shares rather than a cash purchase.

How many shares does Julie M. Jacobs own after these transactions?

Following the vesting and withholding, the filing reports 230,084 shares beneficially owned (direct).

Was any open‑market sale reported in this Form 4?

No open‑market sale was reported; the 52,661‑share disposition reflects withholding to satisfy taxes on vested RSUs.