ENRIQUE LORES - 07 Dec 2025 Form 4 Insider Report for HP INC (HPQ)

Role: President and CEO, Director
Signature: /s/ Linnea Thompson as Attorney-in-Fact for Enrique Lores
Issuer symbol: HPQ
Transactions as of: 07 Dec 2025
Transactions value $: -$2,323,324
Form type: 4
Filing time: 09 Dec 2025, 20:06:35 UTC
Previous filing: 09 Dec 2025
Next filing: 10 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
LORES ENRIQUE	President and CEO, Director	C/O HP INC., 1501 PAGE MILL ROAD, PALO ALTO	/s/ Linnea Thompson as Attorney-in-Fact for Enrique Lores	09 Dec 2025	0001656242

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HPQ	Common Stock	Options Exercise	$0	+189K	+225.65%	$0.00	273K	07 Dec 2025	Direct
transaction	HPQ	Common Stock	Tax liability	-$2.32M	-89.7K	-32.84%	$25.91	183K	07 Dec 2025	Direct	F1
holding	HPQ	Common Stock						889K	07 Dec 2025	By Limited Partnership	F2

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	Options Exercise		-66.8K	-100%		0	07 Dec 2025	Common Stock	66.8K		Direct	F3, F4
transaction	HPQ	Restricted Stock Units	Options Exercise		-63.4K	-51.61%		59.4K	07 Dec 2025	Common Stock	63.4K		Direct	F3, F5
transaction	HPQ	Restricted Stock Units	Options Exercise		-59K	-34.24%		113K	07 Dec 2025	Common Stock	59K		Direct	F3, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares withheld by HP to satisfy tax withholding upon vesting.
F2	Represents shares held by a limited partnership, which is ultimately controlled by the reporting person.
F3	Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.
F4	As previously reported, on 12/8/2022, the reporting person was granted 180,126 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 6,772 vested DEUs.
F5	As previously reported, on 12/19/2023, the reporting person was granted 178,336 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 3,946 vested DEUs.
F6	As previously reported, on 12/9/2024, the reporting person was granted 169,959 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 2,342 vested DEUs.