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!
This topic is discussed on the HPAA's Finance Forum. Ongoing discussions of US personal finance issues -- such as Social Security, pensions, and stock -- from an ex-HP/HPE perspective. Join the HPAA Finance Forum
Stock issues for former and current employees:
Xerox offer to HP shareholders -- Advice and reference info from HPAA members.
If you received a "Potential Private Retirement Benefit Information" notice from Social Security, it is usually based on outdated information -- as indicated by the "Year Reported" date on the form included in the body of the notice. Here's how to decode it: https://www.hpalumni.org/PotentialBenefitLetter
If you are leaving the company, see our ASAP Checklist for additional information on this topic.
Fundamental principle: With any employer, no one but you really cares about your employment-related stock.
- Time to untangle your 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.
- New spinoff. If you owned DXC shares on May 25, 2018, you have been issued shares in a new company called "Perspecta" -- with corresponding adjustment in value of your DXC shares. (This is not reflected in the HPAA's stock spreadsheets.)
Reference info about employee stock: Check your termination
paperwork and the very helpful official "leaving" site for your company
-- both accessible outside company firewalls:
Start the HPAA's step-by-step Stock Recovery process Step 1. Stock Decoder
Other stock-related topics:
- Join the HPAA Finance Forum
- Stock records: Companies pay various firms to perform shareholder recordkeeping. How to obtain stock records.
- Lost stock: This is surprisingly common, even for people who haven't changed their address in decades. How to check for lost stock and dividends
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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.
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