Hillenbrand (HI) Sr. VP granted new restricted stock unit awards

Rhea-AI Filing Summary

Hillenbrand, Inc. reported an insider equity award for a senior executive. On 12/31/2025, Sr. VP, Strategy & Corp. Dev. J. Michael Whitted received several grants of restricted stock units (RSUs), all at a price of $0 per unit, covering different award programs and grant dates.

The new RSU awards include 17 units from a deferred stock award dated 12/7/2023, 260 units from a deferred stock award dated 6/28/2024, 39 units from a deferred stock award dated 12/5/2024, 55 and 77 matching RSUs under the Executive Share Match framework dated 03/31/2025 and 10/01/2025, and 225 units from a deferred stock award dated 12/4/2025. Each RSU represents the right to receive one share of common stock and carries dividend equivalent rights.

The RSUs vest over time, with various schedules running from 2024 through 2028, and certain matching RSUs under the Executive Share Match framework vesting in 2028. Following these transactions, Whitted directly held 88,349 shares of Hillenbrand common stock.

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

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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^*

Whitted J Michael

(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, Strategy & Corp. Dev.

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								88,349	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)		17		(3)	(3)	Common Stock	17	$0	2,393	D
Restricted Stock Units (Deferred Stock Award 6/28/2024)	(1)	12/31/2025		A(2)		260		(4)	(4)	Common Stock	260	$0	36,524	D
Restricted Stock Units (Deferred Stock Award 12/5/2024)	(1)	12/31/2025		A(2)		39		(5)	(5)	Common Stock	39	$0	5,519	D
Restricted Stock Units (Matching RSU Framework 03/31/2025)	(1)	12/31/2025		A(2)		55		(6)	(6)	Common Stock	55	$0	7,748	D
Restricted Stock Units (Matching RSU Framework 10/1/2025)	(1)	12/31/2025		A(2)		77		(7)	(7)	Common Stock	77	$0	10,875	D
Restricted Stock Units (Deferred Stock Award 12/4/2025)	(1)	12/31/2025		A(2)		225		(8)	(8)	Common Stock	225	$0	31,671	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 06/28/2025, one-third on 06/28/2026, and one-third on 06/28/2027.

5. 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.

6. 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.

7. Represents Matching RSUs granted under the Company's Executive Share Match framework that will vest on October 1, 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.

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

Remarks:

	/s/ Allison A. Westfall, Attorney-in-Fact for J. Michael Whitted	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).
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FAQ

What insider transaction did Hillenbrand (HI) disclose for December 31, 2025?

Hillenbrand disclosed that Sr. VP, Strategy & Corp. Dev. J. Michael Whitted received multiple grants of restricted stock units (RSUs) on 12/31/2025, all recorded at a price of $0 per unit.

How many Hillenbrand (HI) restricted stock units were granted in each award?

On 12/31/2025, J. Michael Whitted received 17, 260, 39, 55, 77, and 225 RSUs tied to different deferred stock awards and Executive Share Match framework grants.

What does each Hillenbrand (HI) restricted stock unit represent in this filing?

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 are the vesting schedules for the Hillenbrand (HI) RSUs reported?

The RSUs vest on different schedules: certain awards vest one-third per year over three years beginning on 12/7/2024, 06/28/2025, 12/5/2025, and 12/4/2026, while matching RSUs under the Executive Share Match framework vest on March 31, 2028 and October 1, 2028.

What is the Executive Share Match framework mentioned for Hillenbrand (HI)?

The Executive Share Match framework provides matching RSUs that will vest on March 31, 2028 and October 1, 2028, and will be settled in shares of Hillenbrand common stock or cash to the extent the framework’s vesting conditions are satisfied.

How many Hillenbrand (HI) common shares does the reporting person hold after these transactions?

After the reported RSU grants, J. Michael Whitted beneficially owned 88,349 shares of Hillenbrand common stock directly.

What is the reporting person’s role and relationship to Hillenbrand (HI)?

The reporting person is an officer of Hillenbrand, serving as Sr. VP, Strategy & Corp. Dev., and the Form 4 is filed by one reporting person.