HP Inc. HPQ insider Julie Jacobs reports 28,067 PARSUs vested

Rhea-AI Filing Summary

HP Inc. (HPQ) Chief Legal Officer and General Counsel Julie M. Jacobs reported equity award activity dated 11/18/2025. She acquired 28,067 shares of HP common stock at a price of $0 upon the vesting and settlement of previously granted performance adjusted restricted stock units (PARSUs). To cover tax withholding on this vesting, 12,659 shares were withheld by HP at a price of $22.71 per share. After these transactions, she directly beneficially owned 245,192 shares of HP common stock. The vested PARSUs stem from a grant of 31,449 PARSUs from 12/8/2022, with 28,067 vesting based on earnings per share and total shareholder return conditions, including 2,845 dividend equivalent units.

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)
11/18/2025

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	11/18/2025		M		28,067	A	$0	258,151	D
Common Stock	11/18/2025		F		12,659(1)	D	$22.71	245,192	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
Performance Adjusted Restricted Stock Units	(2)	11/18/2025		M			28,067(3)	(3)	(3)	Common Stock	28,067	(3)	0	D

Explanation of Responses:

1. Shares withheld by HP to satisfy tax withholding upon vesting.

2. Each performance adjusted restricted stock unit ("PARSU") represents a contingent right to receive one share of HP common stock.

3. As previously reported, on 12/8/2022 the reporting person was granted 31,449 PARSUs. On 11/18/2025, 28,067 PARSUs vested based on the achievement of certain earnings per share and total shareholder return conditions. Dividend equivalent units accrued with respect to these PARSUs when and as dividends were paid on HP common stock. The number of derivative securities in column 5 includes 2,845 vested dividend equivalent units.

	/s/ Linnea Thompson as Attorney-in-Fact for Julie M. Jacobs	11/20/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did HPQ executive Julie M. Jacobs report on this Form 4?

Julie M. Jacobs, HP Inc.'s Chief Legal Officer and General Counsel, reported the vesting and settlement of performance adjusted restricted stock units (PARSUs) into HP common stock on 11/18/2025, along with related tax withholding.

How many HPQ shares did Julie M. Jacobs acquire from PARSU vesting?

On 11/18/2025, she acquired 28,067 shares of HP common stock at a price of $0 upon the vesting of previously granted PARSUs.

How many HPQ shares were withheld for taxes in this Form 4?

HP withheld 12,659 shares of common stock at a price of $22.71 per share to satisfy tax withholding obligations related to the vesting of the PARSUs.

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

Following the reported transactions, Julie M. Jacobs beneficially owned 245,192 shares of HP common stock, held directly.

What is a PARSU in the context of HPQ executive compensation?

Each performance adjusted restricted stock unit (PARSU) represents a contingent right to receive one share of HP common stock, with vesting based on specified performance conditions.

What performance conditions were tied to Julie M. Jacobs’s PARSUs at HPQ?

The PARSUs granted on 12/8/2022 vested based on the achievement of certain earnings per share and total shareholder return conditions, resulting in 28,067 units vesting on 11/18/2025.

Were dividend equivalent units included in the HPQ PARSU vesting for Julie M. Jacobs?

Yes. The number of derivative securities reported includes 2,845 vested dividend equivalent units that accrued as dividends were paid on HP common stock.