Patel Ketan M 4

4 · HP INC · Filed Feb 5, 2026

AI-generated summary of this filing

Updated Feb 5, 2026

HP Inc (HPQ) President Ketan Patel Converts RSUs; Shares Withheld

What Happened

Ketan M. Patel, President of Personal Systems at HP Inc (HPQ), had 1,119 restricted stock units (RSUs)/derivative units convert into 1,119 shares on February 3, 2026.
Of those, 447 shares were withheld by HP to satisfy tax withholding at $19.00 per share, representing $8,493 in tax withholding. The acquisition record shows the RSUs converted at $0.00 (no purchase price).
This conversion reflects the 2/3/2025 grant of 3,207 RSUs (1/3 vesting annually). The 1,119 converted includes 50 vested dividend-equivalent units (DEUs).

Key Details

Transaction date: 2026-02-03; Form 4 filed 2026-02-05 (timely filing).
Actions reported: M = exercise/conversion of derivative (1,119 shares acquired), F = shares withheld to satisfy tax withholding (447 shares, $19.00/share, $8,493).
Shares beneficially owned after the transaction: 2,236 shares (per filing), which the filer notes includes 98 unvested DEUs.
Relevant footnotes: F1 (shares withheld for taxes), F2 (RSU = right to one common share), F3/F4 (details on the 3,207 RSU grant, vesting schedule and DEUs).

Context

This was a compensation-related vesting/conversion of RSUs (not an open-market purchase or sale). Withholding of shares for taxes is a routine administrative step and does not by itself signal a buy or sell decision.
DEUs are dividend-equivalent units that accrued with respect to the RSUs and were included in the vested amount.

Form 4

Period: 2026-02-03

President, Personal Systems

Transactions

Exercise/Conversion
Common Stock
2026-02-03+1,119→ 35,691 total
Tax Payment
Common Stock
[F1]
2026-02-03$19.00/sh−447$8,493→ 35,244 total
Exercise/Conversion
Restricted Stock Units
[F2][F3][F4]
2026-02-03−1,119→ 2,236 total
→ Common Stock (1,119 underlying)

Footnotes (4)

[F1]Shares withheld by HP to satisfy tax withholding upon vesting.
[F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of HP common stock.
[F3]As previously reported, on 2/3/2025, the reporting person was granted 3,207 RSUs, 1/3 of which vest annually over 3 years on the anniversary of 2/3/2025. DEUs accrue with respect to these RSUs when and as dividends are paid on HP common stock. The number of derivative securities in column 5 includes 50 vested DEUs.
[F4]The 2,236 shares reported in column 9 includes 98 unvested DEUs reflected the Reporting Person's Form 3 filed November 10, 2025.

Signature

/s/ Linnea Thompson as Attorney-in-Fact for Ketan M. Patel|2026-02-05

1 file