Form 4: HP Inc. Executive David P. McQuarrie Sells Shares
SEC Form 4 Filing
HP Inc.'s Chief Commercial Officer, David P. McQuarrie, sold 51,111 shares of common stock at an average price of $29.19 on March 5, 2024.
Summary
- On March 5, 2024, David P. McQuarrie, Chief Commercial Officer of HP Inc., sold 51,111 shares of HPQ common stock.
- The sale was executed at a weighted average price of $29.19 per share.
- The prices for individual transactions ranged from $29.05 to $29.30.
- Following the transaction, McQuarrie directly owns 5,449 shares of HPQ common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting an executive's stock sale, which is neutral in sentiment. It doesn't inherently indicate positive or negative company performance.
Industry Context
Executive stock sales are a common occurrence and are often scrutinized by investors for insights into a company's prospects, although they can be for personal financial reasons.
Stakeholder Impact
- The stock sale may have a minor impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of stock sale transaction |
| 03/07/2024 | Date of Form 4 filing |
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