All your bonus this year went to Lores and the C-Suite

Enrique Lores, President and CEO of HP Inc. (NYSE:HPQ), recently executed a significant stock sale as part of a pre-established trading plan. On December 9, Lores sold 137,094 shares of common stock at an average price of $36.45, amounting to a total transaction value of approximately $4.99 million.

The company also generated $3.3 billion in free cash flow, nearly all of which was returned to shareholders, and increased its annual dividend by 5% to $1.16 per share.

https://www.investing.com/news/insider-trading-news/hp-ceo-enrique-lores-sells-499-million-in-stock-93CH-3765217

P.S. Too many gullible HP slaves still believe in making sacrifices for Lores and his gang of looters. Lores laid off a lot of people, closed the SD site, and invested nothing in R&D.

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4 replies (most recent on top)

"Enrique, you’re not Steve Jobs giving a key note, calm down."

But but he is going to put AI in PCs and Printers. That should make his stock options more valuable. Don't you think an AI printer will be better than an iPhone?

Meanwhile the lords are circlej--king in Vegas. What do they even have to talk about? Looks like a photoshoot for LinkedIn. Enrique, you’re not Steve Jobs giving a key note, calm down.

When I had the my multiyear HP RSOs, the annual portion vested on 12/9 every year. I would sell the newly vested batch right away: at 12:01AM. Regardless of the market price. Having zero confidence that HP wouldn't go puff on 12/10. Funny that Enrique does the same exact thing.

At least some of us still get to work from home.

Thread regarding HP (Hewlett-Packard) layoffs

All your bonus this year went to Lores and the C-Suite

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