Hillenbrand (HI) senior VP discloses updated stock and RSU holdings

Rhea-AI Filing Summary

Hillenbrand, Inc. reported equity holdings and awards for a senior executive. The reporting person is an officer serving as Sr. VP & President, APS, and files individually. The filing shows direct ownership of 29,508 shares of common stock.

The executive also holds several derivative securities in the form of restricted stock units (RSUs). On 12/31/2025, RSU positions were updated or acquired under multiple awards, including 20, 46, 38 and 218 RSUs, each corresponding to an equal number of Hillenbrand common shares when settled, at an exercise price of $0. Following these transactions, the executive beneficially owns derivative positions such as 2,840, 6,556, 5,386 and 30,721 RSUs, all held directly.

The RSUs generally vest in installments over future dates, including schedules with one-third vesting annually from 2024 through 2028, and a matching RSU grant under the company’s executive share match framework that is scheduled to vest on March 31, 2028, subject to vesting conditions.

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
Estimated average burden
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^*

Bartel Ulrich

(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 & President, APS

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025

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								29,508	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 12/7/2023)	(1)	12/31/2025		A(2)		20		(3)	(3)	Common Stock	20	$0	2,840	D
Restricted Stock Units (Deferred Stock Award 12/5/2024)	(1)	12/31/2025		A(2)		46		(4)	(4)	Common Stock	46	$0	6,556	D
Restricted Stock Units (Matching RSU Framework 03/31/2025)	(1)	12/31/2025		A(2)		38		(5)	(5)	Common Stock	38	$0	5,386	D
Restricted Stock Units (Deferred Stock Award 12/4/2025)	(1)	12/31/2025		A(2)		218		(6)	(6)	Common Stock	218	$0	30,721	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 12/7/2024, one-third on 12/7/2025, and one-third on 12/7/2026.

4. 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.

5. Represents Matching RSUs granted under the Company's Executive Share Match framework that will vest on March 31, 2028, and be settled in shares of the Company's common stock or cash to the extent the vesting conditions of the framework are satisfied.

6. Restricted Stock Units scheduled to vest one-third on 12/4/2026, one-third 12/4/2027, and one-third on 12/04/2028.

Remarks:

	/s/ Allison A. Westfall, Attorney-in-Fact for Bartel Ulrich	01/05/2026
	** 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 in this Form 4?

The filing reports equity holdings and awards for a Hillenbrand officer who serves as Sr. VP & President, APS, including direct common stock and multiple restricted stock unit (RSU) positions as of 12/31/2025.

How many Hillenbrand (HI) common shares does the reporting person directly own?

The executive directly owns 29,508 shares of Hillenbrand common stock following the reported transactions.

What types of derivative securities are disclosed in this Hillenbrand (HI) insider filing?

The filing lists several restricted stock unit (RSU) awards, including deferred stock awards and a matching RSU grant, each representing the right to receive one share of Hillenbrand common stock when settled.

What new RSU amounts were reported for the Hillenbrand (HI) executive on 12/31/2025?

On 12/31/2025, the reporting person had RSU transactions showing 20, 46, 38 and 218 RSUs under different award programs, all with an exercise price of $0.

How many RSUs does the Hillenbrand (HI) executive beneficially own after these transactions?

After the reported transactions, the executive beneficially owns derivative positions including 2,840, 6,556, 5,386 and 30,721 restricted stock units, all held directly.

When do the Hillenbrand (HI) restricted stock units vest for this executive?

The RSUs vest on various schedules, including one-third installments on 12/7/2024, 12/7/2025, 12/7/2026; one-third on 12/5/2025, 12/5/2026, 12/5/2027; and one-third on 12/4/2026, 12/4/2027, 12/4/2028. A matching RSU grant is scheduled to vest on March 31, 2028, subject to its framework’s vesting conditions.

What is the matching RSU framework mentioned for Hillenbrand (HI)?

The filing notes a grant of Matching RSUs under the company’s Executive Share Match framework. These RSUs will vest on March 31, 2028 and be settled in common stock or cash if the framework’s vesting conditions are satisfied.