Hillenbrand (NYSE: HI) SVP reports share activity and 11,006 RSU grant

Rhea-AI Filing Summary

Hillenbrand, Inc. officer reports stock transactions and new RSU grant. Senior Vice President and Chief Procurement Officer Carole Anne Phillips reported activity in Hillenbrand common stock and restricted stock units on 12/04/2025 and 12/05/2025. She acquired 956 shares of common stock at $31.82 per share and had 417 shares withheld at the same price to cover obligations, leaving her with 5,635 shares of common stock held directly.

Phillips also received a new award of 11,006 restricted stock units on 12/04/2025. Each unit represents the right to receive one share of common stock and carries dividend equivalent rights that accrue on dividend record dates. These units are scheduled to vest in three installments: one-third on 12/4/2026, one-third on 12/4/2027, and one-third on 12/7/2028, subject to the award terms.

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

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

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)
12/04/2025

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		956	A(1)	$31.82	6,052	D
Common Stock	12/05/2025		F		417	D	$31.82	5,635	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 12/4/2025)	(2)	12/04/2025		A(3)		11,006		(4)	(4)	Common Stock	11,006	$0	11,006	D

Explanation of Responses:

1. Consists of shares issued upon vesting of performance-based Restricted Stock Units.

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

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

4. Restricted Stock Units scheduled to vest one-third on 12/4/2026, one-third on 12/4/2027, and one-third on 12/7/2028.

Remarks:

	/s/ Allison A. Westfall, Attorney-in-Fact for Carole Anne Phillips	12/08/2025
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

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

Senior Vice President and Chief Procurement Officer Carole Anne Phillips reported acquiring 956 shares of Hillenbrand common stock at $31.82 per share and having 417 shares disposed of at the same price, primarily related to equity compensation activity, leaving her with 5,635 shares of common stock held directly.

How many Hillenbrand (HI) shares does the reporting officer own after the transaction?

After the reported transactions, Carole Anne Phillips beneficially owns 5,635 shares of Hillenbrand common stock in direct ownership, as shown in Table I of the filing.

What restricted stock units did Hillenbrand (HI) grant to the officer on 12/04/2025?

On 12/04/2025, Carole Anne Phillips was granted 11,006 restricted stock units. Each restricted stock unit represents the contingent right to receive one share of Hillenbrand common stock.

When do the newly granted Hillenbrand (HI) restricted stock units vest?

The 11,006 restricted stock units are scheduled to vest in three equal installments: one-third on 12/4/2026, one-third on 12/4/2027, and one-third on 12/7/2028, as described in the explanation of responses.

Do the Hillenbrand (HI) restricted stock units include dividend equivalent rights?

Yes. The filing states that the restricted stock units are entitled to dividend equivalent rights, which accrue on dividend record dates, meaning additional value can accumulate alongside any cash dividends declared on the common stock.

What position does the reporting person hold at Hillenbrand (HI)?

Carole Anne Phillips is identified as an officer of Hillenbrand, serving as Senior Vice President & Chief Procurement Officer, according to the relationship section of the form.