Form 4: HP INC Director Charles V. Bergh Reports Stock Disposal
SEC Form 4 Filing
Director Charles V. Bergh disposed of 8,935 shares of HP INC common stock on April 1, 2025, according to a recent SEC filing.
Summary
- On April 1, 2025, Charles V. Bergh, a director of HP INC, disposed of 8,935 shares of common stock.
- The transaction was related to the settlement of restricted stock units (RSUs).
- These RSUs were initially granted on April 24, 2018, and vested immediately, but the receipt of the underlying common stock was deferred until April 1, 2025.
- The reported transaction leaves Mr. Bergh with 36,090 shares of HP INC common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership, but it is unlikely to be significant given the relatively small number of shares involved.
Key Dates
| Date | Description |
|---|---|
| 04/24/2018 | Date the reporting person was granted 7,312 RSUs, all of which cliff vested on the grant date, and the reporting person elected to defer the receipt of common stock until 04/01/2025. |
| 04/01/2025 | Date of transaction where 8,935 shares of common stock were disposed of due to RSU settlement; also the date the reporting person received common stock from the deferred RSUs. |
| 04/03/2025 | Date of signature on the SEC Form 4 filing. |
Keywords
HP INC, Charles V. Bergh, Director, Stock Disposal, SEC Form 4, Restricted Stock Units, HPQ
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