Form 4 for HPQ HP Inc.

Accepted 2023-09-27 00:00:00 ET · period of report 2023-09-25 · accession 0000950170-23-050203 · SEC index · Original document

Summary rows

Aggregated the way they appear in lists: one row per insider, transaction code and security table.

X	Filed	Traded	Ticker	Insider	Title	Type	Price	Qty	Owned	ΔOwn	Value
MI	2023-09-27	2023-09-25+	HPQ	BERKSHIRE HATHAWAY INC	10%	S - Sale	$25.95	-4.61M	106.05M	-4%	-$119.73M

Purchase Sale Sale after option exercise All abbreviations

Every reported transaction

#	Table	Security	Date	Code	A/D	Shares	Price	Owned after	Own	Exercise / expiry	Underlying	Footnotes
1	Common	Common Stock	2023-09-26	S	D	1,846,526	$25.81	107,400,015	I See footnotes	—	—	(F6) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.7050 to $26.2050. The Reporting Persons undertake to provide HP, any security holder of HP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 6 to this Form 4. (F5) (Continued from footnote 4) and do not reflect any shares that such subsidiary may be deemed to beneficially own by virtue of ownership or control of any other subsidiary otherwise reported on this form. (F2) The shares of the issuer's common stock reported on this form are held by Berkshire Hathaway Inc. ("Berkshire") indirectly through the following Berkshire subsidiaries: AmGUARD Insurance Company (437,700), Berkshire Hathaway Homestate Insurance Company (5,850,000), Berkshire Hathaway Specialty Insurance Company (9,738,500), Columbia Insurance Company (15,486,483), Cypress Insurance Company (3,444,000), EastGUARD Insurance Company (291,800), Government Employees Insurance Company (24,448,100), GEICO Marine Insurance Company (374,500), GEICO Secure Insurance Company (3,017,700), General Reinsurance Corporation (16,337,183), Genesis Insurance Corporation (139,600), Medical Protective Company (7,933,000), MLMIC Insurance Company (2,111,800), National Indemnity Company (6,559,985), NorGUARD Insurance Company (1,313,100), Oak River Insurance Company (1,668,000), (F4) As Berkshire is in the chain of ownership of each subsidiary listed, it may be deemed presently to both beneficially own and have a pecuniary interest in all shares presently directly owned by such subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, the shares presently owned by each of these subsidiaries. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. In addition, in order to avoid double counting, all shares reported as being owned by each subsidiary listed only reflect shares that are owned directly by such subsidiary, (F3) (Continued from footnote 2) Old United Casualty Company (539,400), Old United Life Insurance Company (135,000), Princeton Insurance Company (1,068,000), Redwood Fire and Casualty Insurance Company (3,875,000), U.S. Underwriters Insurance Company (111,700), and WestGUARD Insurance Company (1,167,200).
2	Common	Common Stock	2023-09-25	S	D	1,415,633	$26.37	109,246,541	I See footnotes	—	—	(F1) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.2250 to $26.6900. The Reporting Persons undertake to provide HP Inc. ("HP"), any security holder of HP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 1 to this Form 4. (F5) (Continued from footnote 4) and do not reflect any shares that such subsidiary may be deemed to beneficially own by virtue of ownership or control of any other subsidiary otherwise reported on this form. (F2) The shares of the issuer's common stock reported on this form are held by Berkshire Hathaway Inc. ("Berkshire") indirectly through the following Berkshire subsidiaries: AmGUARD Insurance Company (437,700), Berkshire Hathaway Homestate Insurance Company (5,850,000), Berkshire Hathaway Specialty Insurance Company (9,738,500), Columbia Insurance Company (15,486,483), Cypress Insurance Company (3,444,000), EastGUARD Insurance Company (291,800), Government Employees Insurance Company (24,448,100), GEICO Marine Insurance Company (374,500), GEICO Secure Insurance Company (3,017,700), General Reinsurance Corporation (16,337,183), Genesis Insurance Corporation (139,600), Medical Protective Company (7,933,000), MLMIC Insurance Company (2,111,800), National Indemnity Company (6,559,985), NorGUARD Insurance Company (1,313,100), Oak River Insurance Company (1,668,000), (F4) As Berkshire is in the chain of ownership of each subsidiary listed, it may be deemed presently to both beneficially own and have a pecuniary interest in all shares presently directly owned by such subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, the shares presently owned by each of these subsidiaries. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. In addition, in order to avoid double counting, all shares reported as being owned by each subsidiary listed only reflect shares that are owned directly by such subsidiary, (F3) (Continued from footnote 2) Old United Casualty Company (539,400), Old United Life Insurance Company (135,000), Princeton Insurance Company (1,068,000), Redwood Fire and Casualty Insurance Company (3,875,000), U.S. Underwriters Insurance Company (111,700), and WestGUARD Insurance Company (1,167,200).
3	Common	Common Stock	2023-09-27	S	D	1,352,264	$25.69	106,047,751	I See footnotes	—	—	(F7) The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.5750 to $25.9800. The Reporting Persons undertake to provide HP, any security holder of HP, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote 7 to this Form 4. (F5) (Continued from footnote 4) and do not reflect any shares that such subsidiary may be deemed to beneficially own by virtue of ownership or control of any other subsidiary otherwise reported on this form. (F2) The shares of the issuer's common stock reported on this form are held by Berkshire Hathaway Inc. ("Berkshire") indirectly through the following Berkshire subsidiaries: AmGUARD Insurance Company (437,700), Berkshire Hathaway Homestate Insurance Company (5,850,000), Berkshire Hathaway Specialty Insurance Company (9,738,500), Columbia Insurance Company (15,486,483), Cypress Insurance Company (3,444,000), EastGUARD Insurance Company (291,800), Government Employees Insurance Company (24,448,100), GEICO Marine Insurance Company (374,500), GEICO Secure Insurance Company (3,017,700), General Reinsurance Corporation (16,337,183), Genesis Insurance Corporation (139,600), Medical Protective Company (7,933,000), MLMIC Insurance Company (2,111,800), National Indemnity Company (6,559,985), NorGUARD Insurance Company (1,313,100), Oak River Insurance Company (1,668,000), (F4) As Berkshire is in the chain of ownership of each subsidiary listed, it may be deemed presently to both beneficially own and have a pecuniary interest in all shares presently directly owned by such subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, the shares presently owned by each of these subsidiaries. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. In addition, in order to avoid double counting, all shares reported as being owned by each subsidiary listed only reflect shares that are owned directly by such subsidiary, (F3) (Continued from footnote 2) Old United Casualty Company (539,400), Old United Life Insurance Company (135,000), Princeton Insurance Company (1,068,000), Redwood Fire and Casualty Insurance Company (3,875,000), U.S. Underwriters Insurance Company (111,700), and WestGUARD Insurance Company (1,167,200).