Ketan M. Patel, President of Personal Systems at HP Inc. (NYSE:HPQ), filed a Form 4 on October 27, 2026 reporting the vesting of restricted stock units and a related tax-withholding share disposition that occurred on October 24, 2026.

Key Highlights

  • RSU vesting: Patel acquired 11,996 shares of HP Inc. common stock on October 24, 2026 via an M-coded transaction (exercise or conversion of derivative security) at a price of $0.
  • Tax withholding disposal: 4,149 shares were withheld by HP to satisfy tax withholding upon vesting, at a price of $33.64 per share, per the filing.
  • Remaining direct holdings: Following the reported transactions, Patel directly held 43,091 shares of HP Inc. common stock.
  • Derivative securities remaining: Patel holds 11,421 remaining RSUs following the transaction, including 453 unvested dividend equivalent units (DEUs) as noted in the filing.
  • Original grant: According to the filing, the RSUs derive from a grant of 32,904 RSUs made on October 24, 2024, vesting in equal annual thirds over three years.
  • DEUs included: The 11,996 units converted include 1,028 vested dividend equivalent units that accrued on the original RSU grant.

Ketan Patel's RSU Vesting and Tax Withholding at HP Inc.

According to the Form 4 filed on October 27, 2026, Ketan M. Patel, who serves as President of Personal Systems at HP Inc., reported two transactions in HP common stock on October 24, 2026. The first was the acquisition of 11,996 shares coded M, reflecting the vesting and conversion of restricted stock units at $0 cost to the reporting person. The filing notes that the 11,996 units converted include 1,028 vested dividend equivalent units that had accrued when dividends were paid on HP common stock.

Simultaneous with the vesting, the filing discloses that HP withheld 4,149 shares at $33.64 per share to cover tax obligations arising from the vesting event. This F-coded disposal reduced Patel's direct holding from 47,240 shares to 43,091 shares. The filing attributes the share withholding to HP's standard practice of satisfying tax withholding upon RSU vesting.

On the derivative securities side, Patel's remaining RSU position stands at 11,421 units following the reported transaction. The filing states that this figure includes 453 unvested DEUs as reflected in Patel's Form 3 filed November 10, 2025. All reported transactions and holdings are held directly. The Form 4 was signed by Linnea Thompson as Attorney-in-Fact for Ketan M. Patel and was filed on October 27, 2026.

What Was Disclosed

Ketan M. Patel, HP Inc.'s President of Personal Systems, disclosed the vesting of 11,996 RSUs and the withholding of 4,149 shares for taxes at $33.64 per share on October 24, 2026, leaving him with 43,091 shares of common stock and 11,421 remaining RSUs held directly.