BURNS STEPHANIE 4

What Happened
Stephanie Burns, a director of HP Inc (HPQ), was granted 12,176 restricted stock units (RSUs) on 2026-04-16. The filing reports the award as a derivative grant (12,176 units @ $0.00). Per the filing, all RSUs vested on the grant date, but Burns elected to defer receipt of the underlying shares until termination of her board service.

Key Details

• Transaction type: Award/Grant of RSUs (derivative); transaction date: 2026-04-16; Form 4 filed 2026-04-20 (Accession 0001257094-26-000003).
• Shares/units granted: 12,176 RSUs; price reported: $0.00 (RSUs are contingent rights, not an open-market purchase).
• Vesting: All 12,176 RSUs vested on the grant date (footnote).
• Settlement: Reporting person elected to defer receipt of common stock until termination of board service (footnote).
• Shares owned after transaction: Not specified in the provided excerpt.
• Timeliness: No late-filing indication in the provided data.

Context
RSUs are a form of equity compensation that convert into shares (or cash) under specified conditions. Here, although the RSUs vested immediately, Burns has deferred taking the underlying shares until she leaves the board, so no shares were delivered to her at grant. This is a compensation-related award rather than a market purchase or sale and does not by itself indicate a trading signal.