Hillenbrand (HI) HR chief discloses new RSU grants and share holdings

Rhea-AI Filing Summary

Hillenbrand, Inc. reported insider equity activity for its Sr. VP & Chief HR Officer related to common stock and restricted stock units. The executive holds 23,512 shares of common stock directly and 16,125 shares indirectly through The Arora Revocable Trust.

On 12/31/2025, the executive acquired several blocks of restricted stock units at a price of $0 per unit, including 14 units from a deferred stock award dated 12/7/2023, 46 units from a deferred stock award dated 12/5/2024, 133 units from a Matching RSU award dated 03/31/2025, and 180 units from a deferred stock award dated 12/4/2025. These awards provide the right to receive an equal number of common shares and carry dividend equivalent rights. The various grants vest in installments between 2024 and 2028.

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^*

Arora Aneesha

(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 HR Officer

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								23,512	D
Common Stock								16,125	I	By The Arora Revocable Trust

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)		14		(3)	(3)	Common Stock	14	$0	2,017	D
Restricted Stock Units (Deferred Stock Award 12/5/2024)	(1)	12/31/2025		A(2)		46		(4)	(4)	Common Stock	46	$0	6,487	D
Restricted Stock Units (Matching RSU Framework 03/31/2025)	(1)	12/31/2025		A(2)		133		(5)	(5)	Common Stock	133	$0	18,710	D
Restricted Stock Units (Deferred Stock Award 12/4/2025)	(1)	12/31/2025		A(2)		180		(6)	(6)	Common Stock	180	$0	25,337	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 as Attorney-in-Fact for Aneesha Arora	01/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Hillenbrand (HI) report in this Form 4?

The filing reports that Hillenbrand's Sr. VP & Chief HR Officer acquired multiple restricted stock unit awards and holds common stock both directly and through a revocable trust.

How many Hillenbrand (HI) common shares does the executive beneficially own?

The executive beneficially owns 23,512 shares of Hillenbrand common stock directly and 16,125 shares indirectly through The Arora Revocable Trust.

What restricted stock unit awards were granted to the Hillenbrand (HI) executive?

The executive received restricted stock units tied to deferred stock awards dated 12/7/2023, 12/5/2024, 12/4/2025 and a Matching RSU framework dated 03/31/2025, with grants of 14, 46, 133, and 180 units, respectively.

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

The RSUs from 12/7/2023 vest one-third each on 12/7/2024, 12/7/2025, and 12/7/2026; those from 12/5/2024 vest one-third on 12/5/2025, 12/5/2026, and 12/5/2027; the 12/4/2025 award vests one-third on 12/4/2026, 12/4/2027, and 12/4/2028; the Matching RSUs vest on March 31, 2028.

What does each Hillenbrand (HI) restricted stock unit represent for the executive?

Each restricted stock unit represents the contingent right to receive one share of Hillenbrand common stock and is entitled to dividend equivalent rights that accrue on dividend record dates.

What is the exercise or purchase price of the Hillenbrand (HI) restricted stock units?

The reported restricted stock units were acquired at a price of $0 per unit, reflecting their nature as equity compensation rather than open-market purchases.