Hillenbrand (HI) SVP reports RSU vesting, ends with 6,949 common shares

Rhea-AI Filing Summary

Hillenbrand, Inc. reported insider equity activity by Senior Vice President and Chief Procurement Officer Carole Anne Phillips. On 12/05/2025, 940 shares of common stock were acquired at $0 upon the vesting of restricted stock units, and 410 shares were withheld at $31.82 per share, leaving 6,165 shares of common stock directly owned.

On 12/07/2025, an additional 1,393 shares were acquired at $0 from vesting restricted stock units, and 609 shares were withheld at $31.82 per share, resulting in 6,949 shares of common stock directly owned. The derivative table shows multiple restricted stock unit awards converting into common stock, with remaining restricted stock unit balances of 814 and 1,884 units under two grants.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Phillips Carole Anne

(Last) (First) (Middle)

ONE BATESVILLE BOULEVARD

(Street)

BATESVILLE IN 47006

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Hillenbrand, Inc. [ HI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Sr. VP & Chief Proc. Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/05/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/05/2025		M		940	A	$0(1)	6,575	D
Common Stock	12/05/2025		F		410	D	$31.82	6,165	D
Common Stock	12/07/2025		M		1,393	A	$0(1)	7,558	D
Common Stock	12/07/2025		F		609	D	$31.82	6,949	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units (Deferred Stock Award 12/07/2022)	(1)	12/07/2025		M(2)			578	(3)	(3)	Common Stock	578	$0	0	D
Restricted Stock Units (Deferred Stock Award 12/7/2023)	(1)	12/07/2025		M(2)			815	(4)	(4)	Common Stock	815	$0	814	D
Restricted Stock Units (Deferred Stock Award 12/5/2024)	(1)	12/05/2025		M(2)			940	(5)	(5)	Common Stock	940	$0	1,884	D

Explanation of Responses:

1. Each Restricted Stock Unit represents the contingent right to receive one share of the issuer's common stock.

2. Restricted Stock Units are entitled to dividend equivalent rights which accrue on dividend record dates.

3. Restricted Stock Units scheduled to vest one-third on 12/7/2023, one-third on 12/7/2024, and one-third on 12/7/2025.

4. Restricted Stock Units scheduled to vest one-third on 12/7/2024, one-third on 12/7/2025, and one-third on 12/7/2026.

5. Restricted Stock Units scheduled to vest one-third on 12/5/2025, one-third on 12/5/2026, and one-third on 12/5/2027.

Remarks:

	/s/ Allison A. Westfall, Attorney-in-Fact for Carole Anne Phillips	12/09/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Hillenbrand (HI) disclose for Carole Anne Phillips?

The report shows that Carole Anne Phillips, Senior Vice President and Chief Procurement Officer of Hillenbrand, Inc., had multiple restricted stock unit awards vest and convert into shares of common stock on 12/05/2025 and 12/07/2025, along with share withholdings for tax-related purposes.

How many Hillenbrand (HI) common shares did the reporting person own after these transactions?

Following the reported transactions on 12/07/2025, Carole Anne Phillips directly owned 6,949 shares of Hillenbrand common stock.

What were the key stock transactions on 12/05/2025 for Hillenbrand (HI)?

On 12/05/2025, 940 Hillenbrand common shares were acquired at $0 upon vesting of restricted stock units, and 410 shares were disposed of at $31.82 per share, leaving 6,165 shares directly owned at that time.

What were the key stock transactions on 12/07/2025 for Hillenbrand (HI)?

On 12/07/2025, 1,393 Hillenbrand common shares were acquired at $0 from vesting restricted stock units, and 609 shares were disposed of at $31.82 per share, resulting in 6,949 shares directly owned after the transactions.

How many restricted stock units remain outstanding for the Hillenbrand (HI) executive after these transactions?

After the reported conversions, the executive held 814 restricted stock units from a deferred stock award dated 12/7/2023 and 1,884 restricted stock units from a deferred stock award dated 12/5/2024.

How do the Hillenbrand (HI) restricted stock units relate to common stock?

Each restricted stock unit represents the contingent right to receive one share of Hillenbrand common stock, and the awards are scheduled to vest in one-third installments on the specified future dates.