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Stock Menu: 1. Stock Decoder 2. Where's my stock? 3. Lost Stock 4. Other 5. Spreadsheets 6. Taxes Main Menu |
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Mutual help for those who acquired stock via employment at HP, HPE, or predecessor companies. Operated by former employees who volunteer their time. Not officially endorsed or supported. Join us! |
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Stock issues for former EDS employees (Updated Dec 17, 2019.) Time to untangle your stock! With any employer, no one but you really cares about your employment-related stock. Due to the HP Breakup, you may have stock in up to seven HP-related companies. It may not all be held in the same place. With each spinoff, the cost basis for your shares changed. Many find stray accounts -- or need to retrieve stock or dividends turned over to a state as "unclaimed." You could pay taxes twice on the same income. Your heirs may not find it all. An HP Alumni team developed a step-by-step process to find it, protect it, and help you avoid double taxation. Go to Employee Stock HPInc is the legal successor to EDS. Responsibility was not transferred to subsequent successor companies such as HPES, Hewlett Packard Enterprise, DXC, etc. 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.) HPAA member advice for former EDS employees on pensions and other issues. What happened?
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 August 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 and dividends 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 Contact HPInc Investor Relations EDS Stock splits Last four EDS Annual Reports For EDS SEC filings, go to the SEC's EDGAR site 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: info@hpalumni.org |
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Disclaimer. The information contained in this website, or sites linked to it, is provided as a service to the community, and does not constitute financial, legal, or personal advice. We make no claims, promises or guarantees about the accuracy, completeness, or adequacy of the information contained in or linked to this website and associated sites. As financial, legal, and personal advice must be tailored to the specific circumstances of each case, and finances and laws are constantly changing, nothing provided here should be used as a substitute for the personal advice of competent financial, legal, and personal advisors. For more mutual help on this topic and many others, join the independent HP Alumni Association. If you were formerly a regular, direct employee of HP or HPE -- or are in the process of leaving -- join HPAlumni via email. Transition, Benefits, and Finance forums. No charge, thanks to HPAA members. © 2020 Hewlett-Packard Alumni Association, Inc. • By using this site you accept these terms • Operated by former employees who volunteer their time. Not officially endorsed or supported by any company. |
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