Enrique Lores - 02 Oct 2023 Form 4 Insider Report for HP INC (HPQ)

Signature
/s/ Rick Hansen as Attorney-in-Fact for Enrique Lores
Issuer symbol
HPQ
Transactions as of
02 Oct 2023
Net transactions value
-$978,500
Form type
4
Filing time
04 Oct 2023, 16:39:19 UTC
Previous filing
05 Jul 2023
Next filing
30 Nov 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HPQ Common Stock Sale $978,500 -38,000 -5% $25.75 728,268 02 Oct 2023 Direct F1, F2
* 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 9/29/2022.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.64-$25.945, 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.