CLEMMER RICHARD L 4

What Happened

• Richard L. Clemmer, a member of HP Inc.'s Board of Directors, was granted a total of 18,264 restricted stock units (RSUs) on April 16, 2026. The grant consisted of 12,176 RSUs reported at $0.00 (deferred receipt) and 6,088 RSUs issued at $18.89 per share, a package valued at $115,002. All RSUs vested on the grant date.
• These awards are derivative RSUs (each RSU equals a contingent right to one share). The 6,088 RSUs were issued in lieu of the director’s annual cash retainer; the 12,176 RSUs vested but the director elected to defer receiving the underlying shares until he leaves the board.

Key Details

• Transaction date: 2026-04-16; Filing date: 2026-04-20 (filed within the typical two-business-day Form 4 window).
• Grants: 12,176 RSUs at $0.00 (deferred); 6,088 RSUs at $18.89 each (total $115,002).
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Footnotes: F1 (each RSU converts to one share when settled); F2/F4 (both RSU grants vested on grant date); F3 (deferred receipt of shares until termination of board service).
• Transaction code: A = Award/Grant (derivative RSUs).

Context

• These were compensation awards to a director, not open-market purchases or sales, so they reflect board pay rather than a trading view. RSUs issued in lieu of cash retainers are common for non-employee directors.
• Because the RSUs are derivative awards and some were deferred, no immediate share transfer may have occurred for the deferred portion; the 6,088 RSUs have an indicated grant value of $115k based on the share price used in the filing.