HP Inc.

12/09/2025 | Press release | Distributed by Public on 12/09/2025 19:12

Statement of Changes in Beneficial Ownership (Form 4)

FORM 4
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 that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
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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(Print or Type Responses)
1. Name and Address of Reporting Person *
Patel Ketan M
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)
President, Personal Systems
(Last) (First) (Middle)
C/O HP INC., 1501 PAGE MILL RD
3. Date of Earliest Transaction (Month/Day/Year)
12/07/2025
(Street)
PALO ALTO, CA 94304
4. If Amendment, Date 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
(City) (State) (Zip)
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 12/07/2025 M 41,590 A $ 0 88,507 D
Common Stock 12/07/2025 F 20,614(1) D $25.91 67,893 D
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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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 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)
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 Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Patel Ketan M
C/O HP INC.
1501 PAGE MILL RD
PALO ALTO, CA 94304
President, Personal Systems

Signatures

/s/ Linnea Thompson as Attorney-in-Fact for Ketan M. Patel 12/09/2025
**Signature of Reporting Person Date

Explanation of Responses:

* 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.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
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