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Stock issues for former EDS employees (Updated Dec 17, 2019.)
Time to untangle your stock! No one but you really cares about your HP-employment-related stock. You may have stock in up to seven HP-related companies. You may find stray accounts -- or need to retrieve lost stock or dividends. With each spinoff, your cost basis changed. Your heirs won't need to know your cost basis, but will need to find all the shares An HP Alumni team developed a step-by-step process to find and protect your stock. Go to Employee Stock
HPInc is the legal successor to EDS. Responsibility was not transferred to successor companies such as Hewlett Packard Enterprise or DXC. This includes any retiree health coverage, pension, 401(k), etc. plans. (Does not depend on whether the employee's last business unit ended up in HPInc or Hewlett Packard Enterprise in the HP Breakup.)
See all of HPAA's information for EDS alumni -- whether or not you ever worked for HP: https://www.hpalumni.org/eds
For full HP stock history, see HP Stock Decoder
HP's instructions for regular EDS shareholders: HPInc site
Official HP public page on employee stock, including EDS ESPP: HPInc Global Total Rewards
Official HPE public page on employee stock, including EDS ESPP: HPE Global Total Rewards
HPAA member advice on EDS stock: EDS stock is no longer traded. HP paid $25.00 per share to the owners of record as of Aug 26, 2008. ($13.9 billion -- a 32% premium over the market price of $18.86 before announcement. NYTimes ) A check was sent to the address in the ownership records for each shareholding -- Where's my stock? If the check was uncashed, the money would have eventually been turned over to a state unclaimed property department. See HPAA's page on How to check for lost stock, dividends, and other unclaimed property
Your broker may have used a different formula than the one suggested in the tax basis letter provided by the company -- resulting in a somewhat different value. Check your brokerage account online -- or by examining a recent account statement -- to view your holdings in each stock going forward. HP/HPE tax basis letter
EDS annual reports on HP website: HPInc site
EDS stock price history on third-party website: http://www.1stock1.com/1stock1_175.htm
Questions or comments to: firstname.lastname@example.org
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