Form 4: HP Inc. Executive Stephanie Liebman Reports Stock Transactions
SEC Form 4 Filing
Global Controller Stephanie Liebman reports the vesting of restricted stock units and related tax withholding.
Summary
- Stephanie Liebman, Global Controller at HP Inc., reported transactions involving HPQ common stock on February 29, 2024.
- These transactions included the vesting of 11,707 restricted stock units (RSUs) and the withholding of 2,999 shares to cover tax obligations.
- Following these transactions, Liebman directly owns 8,708 shares of HPQ common stock and 22,584 restricted stock units.
- She also indirectly owns 20 shares as UTMA Custodian for her daughter.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing and doesn't inherently convey positive or negative sentiment. It simply reports transactions.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the actions of company executives and their holdings in the company's stock.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies and their insiders.
- The vesting schedule of the RSUs (1/3 annually over 3 years) is a common vesting structure.
- Tax withholding upon vesting of RSUs is a standard procedure.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
- The transactions have a minimal direct impact on employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 02/28/2023 | Reporting person was granted 33,875 RSUs, 1/3 of which vest annually over 3 years on 2/29/2024, 2/28/2025 and 2/28/2026, respectively. |
| 02/29/2024 | Date of transaction: vesting of restricted stock units and tax withholding. |
| 02/28/2025 | Next vesting date for a portion of the RSUs granted on 2/28/2023. |
| 02/28/2026 | Final vesting date for the RSUs granted on 2/28/2023. |
| 03/04/2024 | Date of signature for the Form 4 filing. |
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