Form 4: HP Inc. Executive David McQuarrie Sells Shares
Statement of Changes in Beneficial Ownership
Chief Commercial Officer David P. McQuarrie sold 10,524 shares of HP Inc. common stock pursuant to a Rule 10b5-1 trading plan.
Summary
- David P. McQuarrie, Chief Commercial Officer of HP Inc., sold 10,524 shares of common stock.
- The transaction occurred on June 12, 2026, at a price of $24.68 per share.
- Following the sale, the reporting person maintains beneficial ownership of 92,200 shares.
- The sale was executed under a pre-established Rule 10b5-1 trading plan adopted on March 10, 2026.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the sale was pre-planned and represents a standard divestment by an executive.
Positives
- The transaction was conducted under a pre-planned Rule 10b5-1 trading plan, which is a standard mechanism for executives to sell shares without concerns regarding insider trading.
Negatives
- The sale represents a reduction in the executive's direct equity stake in the company.
Risks
- None identified in this filing.
Future Outlook
No forward-looking guidance provided in this filing.
Industry Context
StockSavvy.ai notes that executive stock sales executed via Rule 10b5-1 plans are routine corporate governance events and generally do not signal a change in management's outlook on company performance.
Comparison to Industry Standards
- The use of Rule 10b5-1 plans is the industry standard for corporate executives to manage personal liquidity while maintaining compliance with SEC regulations.
Stakeholder Impact
- Minimal impact on shareholders as the sale was executed through a pre-arranged plan.
Key Dates
| Date | Description |
|---|---|
| 03/10/2026 | Date the Rule 10b5-1 trading plan was adopted. |
| 03/13/2026 | Date of acquisition of 925 shares under the employee stock purchase plan. |
| 06/12/2026 | Date of the reported stock sale transaction. |
| 06/16/2026 | Date the Form 4 was filed with the SEC. |
Keywords
HP Inc, HPQ, Insider Trading, Form 4, David McQuarrie, Stock Sale
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