Alex Cho - Dec 9, 2024 Form 4 Insider Report for HP INC (HPQ)

Role
President, Personal Systems
Signature
/s/ Rick Hansen as Attorney-in-Fact for Alex Cho
Stock symbol
HPQ
Transactions as of
Dec 9, 2024
Transactions value $
-$1,401,988
Form type
4
Date filed
12/11/2024, 05:03 PM
Previous filing
Dec 10, 2024
Next filing
Dec 31, 2024

Transactions Table

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction HPQ Restricted Stock Units Award +66.9K 66.9K Dec 9, 2024 Common Stock 66.9K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 3/21/2024.
F2 Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.
F3 On 12/9/2024, the reporting person was granted 66,941 RSUs, 1/3 of which vest annually over 3 years on the anniversary of 12/7/2024. Dividend equivalent rights accrue with respect to these RSUs when and as dividends are paid on HP common stock.