HP Inc (HPQ) CFO Karen Parkhill Receives RSUs; Shares Withheld

What Happened

• Karen L. Parkhill, Chief Financial Officer of HP Inc (HPQ), had RSUs vest on 2026-08-05. A total of 166,746 shares were issued upon conversion of derivative awards (RSUs) at $0 exercise price. To satisfy tax withholding, 69,173 of those shares were withheld (disposed) at an indicated value of $28.52 per share, equal to $1,972,814. Net shares delivered to Parkhill = 166,746 − 69,173 = 97,573 shares.

Key Details

• Transaction date: 2026-08-05; Form 4 filed 2026-08-07 (timely filing).
• Conversion: 166,746 RSU-derived shares issued (code M, $0.00 per share).
• Tax withholding: 69,173 shares withheld (code F) at $28.52/share = $1,972,814.
• Net shares received by insider: 97,573 shares.
• Footnotes: F1 = shares withheld to satisfy tax withholding. F2 = each RSU equals one share on settlement. F3 = these RSUs were part of a 8/5/2024 grant of 458,015 RSUs that vest 1/3 annually; the reported derivative count includes 14,074 dividend equivalent units.
• Shares owned after the transaction are not provided in the excerpted data.

Context

• This was not a market purchase or sale for investment purposes but a standard RSU vesting and net-share settlement to cover taxes (cashless/net settlement), which is a routine form of insider compensation settlement rather than a directional buy/sell signal.
• Transaction codes: M = exercise/conversion of derivative (RSU settlement); F = shares withheld to pay tax liability.