Bergh Charles V 4

What Happened
Charles V. Bergh, a director of HP Inc. (HPQ), received 9,881 shares on April 1, 2026 through the exercise/conversion of derivative awards (deferred RSUs). The reported acquisition price was $0.00 — these were previously granted restricted stock units that vested earlier but were deferred for distribution. No sale of the shares was reported in this filing.

Key Details

• Transaction date: April 1, 2026; Form 4 filed April 3, 2026 (appears timely).
• Transaction type: Conversion/exercise of derivative securities (code M) — 9,881 shares acquired at $0.00.
• Breakdown: The 9,881 shares reflect 7,965 RSUs granted and vested earlier plus 1,916 vested dividend-equivalent rights (per footnotes).
• Shares owned after transaction: Not specified in the excerpt of the filing.
• Footnotes: F1 explains each RSU converts to one share; F2 explains the original RSU grant (April 23, 2019), deferral election, and inclusion of dividend equivalents.
• No 10b5-1 plan, sale, or tax-withholding sale was reported in this filing.

Context
This was a routine conversion/distribution of deferred RSUs rather than an open-market purchase or sale. The transaction involved no cash outlay by the director and no immediate sale of the shares was reported, so it does not directly signal a buy or sell bias by the insider. For investors, RSU distributions are common compensation events; the filing mainly documents that the deferred award was settled and shares were issued.