Meline David W 4

What Happened

• David W. Meline, a director of HP Inc. (HPQ), was granted 12,176 restricted stock units (RSUs) on 2026-04-16. The Form 4 reports the acquisition as 12,176 RSUs at $0.00 (derivative award). According to the filing, all RSUs vested on the grant date, but the reporting person elected to defer receipt of the underlying shares until April 1, 2033.

Key Details

• Transaction type/code: Award/Grant (A); derivative transaction (RSUs).
• Transaction date: 2026-04-16; Form 4 filed: 2026-04-20 (filed within the two-business-day window).
• Shares/units: 12,176 RSUs granted and vested on grant date.
• Reported price/value on form: $0.00 (filing reports acquisition of RSUs as $0; each RSU represents a contingent right to one share).
• Delivery/settlement: Reporting person elected to defer receiving the actual shares until 04/01/2033.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: F1—each RSU equals a contingent right to one share; F2—all RSUs vested on grant date; F3—deferral election to 04/01/2033.

Context

• RSU grants to directors are a common form of compensation and are not purchases or sales; the filing shows an award rather than a market trade. Because the RSUs vested immediately but delivery is deferred, Meline has an immediate contingent entitlement but will not receive the actual HP shares until the deferred date (unless other plan terms apply). This Form 4 reports the grant and vesting; it does not, by itself, indicate buying or selling behavior.