HI Form 4: Dennis Pullin Adds 116 Restricted Stock Units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dennis W. Pullin, a director of Hillenbrand, Inc. (HI), reported acquisitions of restricted stock units on 09/30/2025. The Form 4 shows five separate deferred restricted stock unit awards tied to grant dates of 5/7/21, 2/10/22, 2/24/23, 2/20/24, and 2/18/25, resulting in additions of 9, 23, 24, 26, and 34 units respectively (totaling 116 RSUs). Each RSU represents the right to receive one share and carries dividend equivalent rights. The RSUs vest on the earlier of the next annual meeting or one year from grant but accelerate upon a change in control, the director’s death or permanent disability, or one day after the director ceases to be a director. The filing was signed by an attorney-in-fact on 10/02/2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
6 transactions reported
Mixed
6 txns
Insider
Pullin Dennis W
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (Deferred Stock Award 5/7/21) | 9 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/10/22) | 23 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/24/23) | 24 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/20/24) | 26 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/18/25) | 34 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (Deferred Stock Award 5/7/21) — 1,200 shares (Direct);
Restricted Stock Units (Deferred Stock Award 2/10/22) — 2,862 shares (Direct);
Restricted Stock Units (Deferred Stock Award 2/24/23) — 2,913 shares (Direct);
Restricted Stock Units (Deferred Stock Award 2/20/24) — 3,165 shares (Direct);
Restricted Stock Units (Deferred Stock Award 2/18/25) — 4,122 shares (Direct);
Common Stock — 0 shares (Direct)
Footnotes (1)
- 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. These Restricted Stock Units vest on the earlier to occur of the issuer's next annual meeting of shareholders or one year from the date of grant; provided, that these Restricted Stock Units will immediately vest upon, and in any case delivery of the shares underlying these Restricted Stock Units will not occur until, the occurrence of one of the following: a change in control of the issuer, the director's death or permanent and total disability, or one day after the date the director ceases to be a director of the issuer.
FAQ
What did Hillenbrand director Dennis W. Pullin report on Form 4 (HI)?
The filing reports acquisitions of restricted stock units on 09/30/2025: 9, 23, 24, 26, and 34 RSUs from prior deferred awards.
How many restricted stock units did Dennis W. Pullin receive in total on 09/30/2025?
The Form 4 shows a total of 116 restricted stock units acquired (sum of the five reported additions).
Do the reported RSUs pay dividends or have special vesting conditions?
Yes. Each RSU carries dividend equivalent rights, and vesting occurs at the earlier of the next annual meeting or one year from grant, with acceleration on a change in control, death/permanent disability, or one day after cessation of directorship.
What is the economic price reported for the RSU acquisitions?
The Form 4 reports a price of $0 for the restricted stock units, reflecting deferred awards rather than an open-market cash purchase.
When was the Form 4 signed and filed?
The filing bears a signature by Allison A. Westfall, Attorney-in-Fact for Dennis W. Pullin dated 10/02/2025.