HP INC — Major Shareholding Notification 2024

Feb 14, 2024

SC 13G/A 1 d724468dsc13ga.htm SC 13G/A SC 13G/A

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

SCHEDULE 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED

PURSUANT TO § 240.13d-1(b), (c) AND (d) AND

AMENDMENTS THERETO FILED PURSUANT TO § 240.13d-2

(Amendment No. 2)

HP INC.

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

40434L105

(CUSIP Number)

December 31, 2023

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

☒ Rule 13d-1 (b)

☐ Rule 13d-1 (c)

☐ Rule 13d-1 (d)

• The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes.)

CUSIP No. 40434L105 13G Page 2 of 18 Pages

1	NAME OF REPORTING PERSON Warren E. Buffett
2	CHECK THE APPROPRIATE BOX IF A
MEMBER OF A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION United States
Citizen

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 22,852,715 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 22,852,715 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 22,852,715 shares of Common Stock
10	CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not
Applicable.
11	PERCENT OF CLASS REPRESENTED BY
AMOUNT IN ROW 9 2.3%
12	TYPE OF REPORTING PERSON IN

CUSIP No. 40434L105 13G Page 3 of 18 Pages

1	NAME OF REPORTING PERSON Berkshire Hathaway Inc.
2	CHECK THE APPROPRIATE BOX IF A
MEMBER OF A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 22,852,715 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 22,852,715 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 22,852,715 shares of Common Stock
10	CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not
applicable.
11	PERCENT OF CLASS REPRESENTED BY
AMOUNT IN ROW 9 2.3%
12	TYPE OF REPORTING PERSON HC, CO

CUSIP No. 40434L105 13G Page 4 of 18 Pages

1	NAME OF REPORTING PERSON National Indemnity Company
2	CHECK THE APPROPRIATE BOX IF A
MEMBER OF A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Nebraska

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 19,420,250 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 19,420,250 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 19,420,250 shares of Common Stock
10	CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not
applicable.
11	PERCENT OF CLASS REPRESENTED BY
AMOUNT IN ROW 9 2.0%
12	TYPE OF REPORTING PERSON IC, CO

CUSIP No. 40434L105 13G Page 5 of 18 Pages

1	NAME OF REPORTING PERSON GEICO Corporation
2	CHECK THE APPROPRIATE BOX IF A
MEMBER OF A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 13,201,420 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 13,201,420 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 13,201,420 shares of Common Stock
10	CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not
applicable.
11	PERCENT OF CLASS REPRESENTED BY
AMOUNT IN ROW 9 1.3%
12	TYPE OF REPORTING PERSON HC, CO

CUSIP No. 40434L105 13G Page 6 of 18 Pages

1	NAME OF REPORTING PERSON Government Employees Insurance Company
2	CHECK THE APPROPRIATE BOX IF A
MEMBER OF A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Nebraska

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 13,201,420 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 13,201,420 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 13,201,420 shares of Common Stock
10	CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not
applicable.
11	PERCENT OF CLASS REPRESENTED BY
AMOUNT IN ROW 9 2.0%
12	TYPE OF REPORTING PERSON IC, CO

CUSIP No. 40434L105 13G Page 7 of 18 Pages

1	NAME OF REPORTING PERSON AmGUARD Insurance Company
2	CHECK THE APPROPRIATE BOX IF A
MEMBER OF A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Pennsylvania

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 437,700 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 437,700 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 437,700 shares of Common Stock
10	CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not
applicable.
11	PERCENT OF CLASS REPRESENTED BY
AMOUNT IN ROW 9 Less than 0.1%
12	TYPE OF REPORTING PERSON IC, CO

CUSIP No. 40434L105 13G Page 8 of 18 Pages

1	NAME OF REPORTING PERSON EastGUARD Insurance Company
2	CHECK THE APPROPRIATE BOX IF A
MEMBER OF A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Pennsylvania

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 291,800 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 291,800 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 291,800 shares of Common Stock
10	CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not
applicable.
11	PERCENT OF CLASS REPRESENTED BY
AMOUNT IN ROW 9 Less than 0.1%
12	TYPE OF REPORTING PERSON IC, CO

CUSIP No. 40434L105 13G Page 9 of 18 Pages

1	NAME OF REPORTING PERSON NorGUARD Insurance Company
2	CHECK THE APPROPRIATE BOX IF A
MEMBER OF A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Pennsylvania

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 1,313,100 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 1,313,100 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,313,100 shares of Common Stock
10	CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not
applicable.
11	PERCENT OF CLASS REPRESENTED BY
AMOUNT IN ROW 9 0.1%
12	TYPE OF REPORTING PERSON IC, CO

CUSIP No. 40434L105 13G Page 10 of 18 Pages

1	NAME OF REPORTING PERSON WestGUARD Insurance Company
2	CHECK THE APPROPRIATE BOX IF A
MEMBER OF A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Pennsylvania

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 1,167,200 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 1,167,200 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 1,167,200 shares of Common Stock
10	CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not
applicable.
11	PERCENT OF CLASS REPRESENTED BY
AMOUNT IN ROW 9 0.1%
12	TYPE OF REPORTING PERSON IC, CO

CUSIP No. 40434L105 13G Page 11 of 18 Pages

1	NAME OF REPORTING PERSON Cypress Insurance Company
2	CHECK THE APPROPRIATE BOX IF A
MEMBER OF A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
California

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 3,009,030 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 3,009,030 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,009,030 shares of Common Stock
10	CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not
applicable.
11	PERCENT OF CLASS REPRESENTED BY
AMOUNT IN ROW 9 0.3%
12	TYPE OF REPORTING PERSON IC, CO

CUSIP No. 40434L105 13G Page 12 of 18 Pages

1	NAME OF REPORTING PERSON General Re Corporation
2	CHECK THE APPROPRIATE BOX IF A
MEMBER OF A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 3,432,465 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 3,432,465 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,432,465 shares of Common Stock
10	CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not
applicable.
11	PERCENT OF CLASS REPRESENTED BY
AMOUNT IN ROW 9 0.3%
12	TYPE OF REPORTING PERSON CO, HC

CUSIP No. 40434L105 13G Page 13 of 18 Pages

1	NAME OF REPORTING PERSON General Reinsurance Corporation
2	CHECK THE APPROPRIATE BOX IF A
MEMBER OF A GROUP (a) ☒  (b) ☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF
ORGANIZATION State of
Delaware

NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH	SOLE VOTING POWER NONE
6	SHARED VOTING POWER 3,432,465 shares of Common Stock
7	SOLE DISPOSITIVE POWER NONE
8	SHARED DISPOSITIVE POWER 3,432,465 shares of Common
Stock

9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 3,432,465 shares of Common Stock
10	CHECK BOX IF THE AGGREGATE
AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ☐ Not
applicable.
11	PERCENT OF CLASS REPRESENTED BY
AMOUNT IN ROW 9 0.3%
12	TYPE OF REPORTING PERSON IC, CO

Item 1.

(a) Name of Issuer:

HP Inc.

(b) Address of Issuer’s Principal Executive Offices:

1501 Page Mill Road, Palo Alto CA 94304

Item 2(a). Name of Person Filing:

Item 2(b). Address of Principal Business Office:

Item 2(c). Citizenship:

Warren E. Buffett 3555 Farnam Street Omaha, Nebraska 68131 United States Citizen	Berkshire Hathaway Inc. 3555 Farnam Street Omaha, Nebraska 68131 Delaware corporation
National Indemnity Company 1314 Douglas
Street Omaha, Nebraska 68102 Nebraska corporation	Cypress Insurance Company 1314 Douglas
Street Omaha, NE 68102 California
AmGUARD Insurance Company of Nebraska c/o
Berkshire Hathaway GUARD P.O. Box A-H Wilkes-Barre, PA 18703 Pennsylvania	GEICO Corporation One GEICO Plaza Washington, DC 20076 Delaware
WestGUARD Insurance Company 16 South River
Street Wilkes-Barre, PA 18703 Pennsylvania General Re Corporation 120 Long Ridge Road Stamford, CT 06902 Delaware corporation EastGUARD Insurance Company 16 S. River Street Wilkes-Barre, PA 18703 Pennsylvania Corporation	NorGUARD Insurance Company 16 South River
Street Wilkes-Barre, PA 18703 Pennsylvania Government Employees Insurance Company 5260 Western Ave. Chevy Chase, MD 20815 Nebraska General Reinsurance Corporation 120 Long Ridge Road Stamford, CT 06902 Delaware corporation

Item 2(d). Title of Class of Securities:

Common Stock

Item 2(e). CUSIP Number:

40434L105

Item 3. If this statement is filed pursuant to § 240.13d-1(b), or § 240.13d-2(b) or (c), check whether the person filing is a:

Warren E. Buffett (an individual who may be deemed to control Berkshire Hathaway Inc.), Berkshire Hathaway Inc., GEICO Corporation and General Re Corporation are each a Parent Holding Company or Control Person, in accordance with § 240.13d-1(b)(1)(ii)(G).

National Indemnity Company, Columbia Insurance Company, Cypress Insurance Company, Government Employees Insurance Company, AmGUARD Insurance Company, EastGUARD Insurance Company, NorGUARD Insurance Company and General Reinsurance Corporation are each an Insurance Company as defined in section 3(a)(19) of the Act.

Item 4. Ownership:

Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a) Amount beneficially Owned

See the Cover Pages for each of the Reporting Persons.

(b) Percent of Class

See the Cover Pages for each of the Reporting Persons.

(c) Number of shares as to which such person has:

(i) sole power to vote or to direct the vote

(ii) shared power to vote or to direct the vote

(iii) sole power to dispose or to direct the disposition of

(iv) shared power to dispose or to direct the disposition of

See the Cover Pages for each of the Reporting Persons .

Item 5. Ownership of Five Percent or Less of a Class:

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than 5 percent of the class of the securities, check the following ☑

Item 6. Ownership of More than Five Percent on Behalf of Another Person:

Not Applicable.

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person:

See Exhibit A.

Item 8. Identification and Classification of Members of the Group:

See Exhibit A.

Item 9. Notice of Dissolution of Group:

Not Applicable.

Item 10. Certification:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURES

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated this 14th day of February, 2024

/s/ Warren E. Buffett
Warren E. Buffett

BERKSHIRE HATHAWAY INC.
By:	/s/ Warren E. Buffett
	Warren E. Buffett
	Chairman of the Board

| NATIONAL INDEMNITY COMPANY, CYPRESS INSURANCE COMPANY, AMGUARD INSURANCE COMPANY, GEICO CORPORATION, GOVERNMENT EMPLOYEES
INSURANCE CORPORATION, NORGUARD INSURANCE COMPANY, GENERAL RE CORPORATION, GENERAL REINSURANCE CORPORATION, EASTGUARD INSURANCE COMPANY and WESTGUARD INSURANCE COMPANY | |
| --- | --- |
| By: | /s/ Warren E. Buffett |
| | Warren E. Buffett |
| | Attorney-in-Fact |