12/09/2025 | Press release | Distributed by Public on 12/09/2025 19:12
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| 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 control number. | SEC 1474 (9-02) | ||
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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 Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Restricted Stock Units | (2) | 12/07/2025 | M | 11,722(3) | (3) | (3) | Common Stock | 11,722 | (3) | 0 | D | ||||
| Restricted Stock Units | (2) | 12/07/2025 | M | 14,630(4) | (4) | (4) | Common Stock | 14,630 | (4) | 14,628(5) | D | ||||
| Restricted Stock Units | (2) | 12/07/2025 | M | 15,238(6) | (6) | (6) | Common Stock | 15,238 | (6) | 30,473(7) | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Patel Ketan M C/O HP INC. 1501 PAGE MILL RD PALO ALTO, CA 94304 |
President, Personal Systems | |||
| /s/ Linnea Thompson as Attorney-in-Fact for Ketan M. Patel | 12/09/2025 | |
| **Signature of Reporting Person | Date |
| * | 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). |
| (1) | Shares withheld by HP to satisfy tax withholding upon vesting. |
| (2) | Each restricted stock unit ("RSU") 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 31,601 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 1,188 vested DEUs, which number of DEUs has been rounded up by one share from the number of DEUs reported the reporting person's Form 3 filed November 10, 2025. |
| (4) | As previously reported, on 12/7/2023, the reporting person was granted 40,802 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 1,029 vested DEUs, which number of DEUs has been rounded up by one share from the number of DEUs reported the reporting person's Form 3 filed November 10, 2025. |
| (5) | The 14,628 shares reported in column 9 includes 1,027 unvested DEUs reflected the Reporting Person's Form 3 filed November 10, 2025. |
| (6) | As previously reported, on 12/9/2024, the reporting person was granted 43,896 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 606 vested DEUs, which number of DEUs has been rounded up by one share from the number of DEUs reported the reporting person's Form 3 filed November 10, 2025. |
| (7) | The 30,473 shares reported in column 9 includes 1,209 unvested DEUs reflected the reporting person's Form 3 filed November 10, 2025. |