Citrino Mary Anne 4

What Happened

• Mary Anne Citrino, a director of HP Inc (HPQ), received equity awards on 2026-04-16 consisting of 18,264 restricted stock units (RSUs) in two grants. One grant was for 12,176 RSUs (reported at $0.00) and the other for 6,088 RSUs at a grant value of $18.89 per share (total ~$115,002). Both grants vested on the grant date and are reported as derivative awards (transaction code A = Award/Grant).
• The 12,176 RSUs were granted and vested but the reporting person elected to defer receipt of the underlying shares until she leaves the board. The 6,088 RSUs were issued in lieu of her annual director cash retainer.

Key Details

• Transaction date: 2026-04-16; Form 4 filed 2026-04-20 (timely — within required business days).
• Grants: 12,176 RSUs @ $0.00 (vested; deferred until termination), and 6,088 RSUs @ $18.89 (vested; value ≈ $115,002).
• RSU meaning: Each RSU is a contingent right to receive one share of HP common stock when settled.
• Shares owned after transaction: Not disclosed in the provided excerpt of the filing.
• Filing timeliness: Report filed within the standard 2 business days after the transaction date.

Context

• These were compensation awards to a director (not open-market purchases or sales). RSUs are a form of deferred equity compensation — the grants themselves do not represent an immediate purchase or sale of shares.
• The 6,088-RSU grant replaces the annual cash retainer (common for board pay); the 12,176-RSU grant was vested but deferred for later settlement, meaning Citrino will receive the underlying shares (or their cash equivalent) only upon termination of board service per the filing.