BROWN-PHILPOT STACY 4

What Happened
Stacy Brown‑Philpot, a director of HP Inc. (HPQ), was granted 12,176 restricted stock units (RSUs) on April 16, 2026. The RSUs vested on the grant date and are recorded as a derivative acquisition at $0.00 per unit in the Form 4 filing. Brown‑Philpot elected to defer receipt of the underlying shares until termination of her board service, so no HP common stock was delivered to her immediately.

Key Details

• Transaction date: 2026-04-16 (granted and vested the same day).
• Transaction type/code: A = Award/Grant (derivative RSUs); reported price $0.00.
• Units granted and vested: 12,176 RSUs (each RSU represents the contingent right to one share).
• Delivery: Receipt of the underlying shares is deferred until the reporting person leaves the Board (footnote).
• Shares owned after transaction: Not specified in the provided filing summary.
• Filing timeliness: Report filed 2026-04-20; appears to have been filed within the required reporting window (not marked late).
• No 10b5-1 plan, tax withholding, or immediate sale noted in the filing.

Context
This was a compensation award of RSUs that vested immediately rather than an open‑market purchase or sale. Because Brown‑Philpot deferred delivery of the shares, the transaction does not increase her current shareholdings until the shares are actually issued. Awards like this are common for board compensation and are not by themselves a direct buy/sell signal about insider sentiment.