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.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 956 | $31.82 | $30K |
| Tax Withholding | Common Stock | 417 | $31.82 | $13K |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 12/4/2025) | 11,006 | $0.00 | -- |
Footnotes (1)
- Consists of shares issued upon vesting of performance-based Restricted Stock Units. Each Restricted Stock Unit represents the contingent right to receive one share of the issuer's common stock. Restricted Stock Units are entitled to dividend equivalent rights which accrue on dividend record dates. 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.
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.
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.