Stuart A. Taylor II awarded 696 RSUs; 12,863 shares reported

Rhea-AI Filing Summary

Hillenbrand director Stuart A. Taylor II reported receipt of multiple restricted stock unit awards on 09/30/2025. The Form 4 shows the grant or conversion of a total of 696 restricted stock units (RSUs) across awards dated from 2/11/2009 through 2/18/2025, plus 93 shares from deferred director fees, resulting in reported beneficial ownership line items ranging up to 12,863 shares on the final line.

The filing explains that each RSU represents a contingent right to one share, that RSUs carry dividend equivalents, and that vesting or delivery rules vary by grant date (some vest immediately, others vest at the next annual meeting or one year, and certain awards convert to shares on the director's retirement). The Form 4 was signed by an attorney-in-fact on behalf of Mr. Taylor on 10/02/2025.

Positive

• 696 RSUs granted to director on 09/30/2025, reflecting routine director compensation
• RSUs include dividend equivalents, preserving economic parity with common shares
• Vesting/delivery rules disclosed (immediate vesting for some awards; conversion on retirement for deferred fees)

Negative

• None.

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
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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).

1. Name and Address of Reporting Person^*

TAYLOR STUART A II

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

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								0	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 2/11/09)	(1)	09/30/2025		A(2)		61		(3)	(3)	Common Stock	61	$0	7,571	D
Restricted Stock Units (Deferred Stock Award 2/24/10)	(1)	09/30/2025		A(2)		55		(3)	(3)	Common Stock	55	$0	6,784	D
Restricted Stock Units (Deferred Stock Award 2/23/11)	(1)	09/30/2025		A(2)		50		(3)	(3)	Common Stock	50	$0	6,094	D
Restricted Stock Units (Deferred Stock Award 2/22/12)	(1)	09/30/2025		A(2)		47		(3)	(3)	Common Stock	47	$0	5,794	D
Restricted Stock Units (Deferred Stock Award 2/27/13)	(1)	09/30/2025		A(2)		43		(3)	(3)	Common Stock	43	$0	5,295	D
Restricted Stock Units (Deferred Stock Award 2/26/14)	(1)	09/30/2025		A(2)		33		(3)	(3)	Common Stock	33	$0	4,176	D
Restricted Stock Units (Deferred Stock Award 2/25/15)	(1)	09/30/2025		A(2)		33		(3)	(3)	Common Stock	33	$0	4,126	D
Restricted Stock Units (Deferred Stock Award 2/24/16)	(1)	09/30/2025		A(2)		38		(3)	(3)	Common Stock	38	$0	4,696	D
Restricted Stock Units (Deferred Stock Award 2/22/17)	(1)	09/30/2025		A(2)		27		(3)	(3)	Common Stock	27	$0	3,319	D
Restricted Stock Units (Deferred Stock Award 2/15/18)	(1)	09/30/2025		A(2)		24		(3)	(3)	Common Stock	24	$0	2,933	D
Restricted Stock Units (Deferred Stock Award 2/14/19)	(1)	09/30/2025		A(2)		24		(3)	(3)	Common Stock	24	$0	2,942	D
Restricted Stock Units (Deferred Stock Award 2/13/20)	(1)	09/30/2025		A(2)		36		(3)	(3)	Common Stock	36	$0	4,400	D
Restricted Stock Units (Deferred Stock Award 2/11/21)	(1)	09/30/2025		A(2)		25		(4)	(4)	Common Stock	25	$0	3,099	D
Restricted Stock Units (Deferred Stock Award 2/10/22)	(1)	09/30/2025		A(2)		23		(4)	(4)	Common Stock	23	$0	2,862	D
Restricted Stock Units (Deferred Stock Award 2/24/23)	(1)	09/30/2025		A(2)		24		(4)	(4)	Common Stock	24	$0	2,913	D
Restricted Stock Units (Deferred Stock Award 2/20/24)	(1)	09/30/2025		A(2)		26		(4)	(4)	Common Stock	26	$0	3,165	D
Restricted Stock Units (Deferred Stock Award 2/18/25)	(1)	09/30/2025		A(2)		34		(4)	(4)	Common Stock	34	$0	4,122	D
Deferred Director Fees	(1)	09/30/2025		A(2)		93		(5)	(5)	Common Stock	93	$0	12,863	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. These Restricted Stock Units vest immediately upon grant. However, for awards granted prior to May 2014, directors must hold the underlying shares of common stock of the Company for six months after they cease serving as a director, and for awards granted in May 2014 or later, directors must hold the underlying shares of common stock of the Company for one day after the director ceases serving.

4. 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.

5. These Restricted Stock Units will be automatically converted into shares of stock upon the reporting person's retirement from the Board of Directors of the Company.

Remarks:

	/s/ Allison A. Westfall, Attorney-in-Fact for Stuart A. Taylor II	10/02/2025
	** 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).
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FAQ

What insider transaction did Hillenbrand (HI) report on 09/30/2025?

Director Stuart A. Taylor II reported acquisition of a total of 696 restricted stock units plus 93 shares from deferred director fees, recorded on 09/30/2025.

How many restricted stock units did Stuart A. Taylor II receive according to the Form 4?

The Form 4 lists grants totaling 696 RSUs across awards dated from 2009 to 2025.

Do the RSUs carry dividend rights or special vesting terms?

Yes. The filing states RSUs are entitled to dividend equivalent rights, and vesting/delivery rules differ by grant vintage, including immediate vesting for some and conversion on retirement for deferred fees.

What is the reported beneficial ownership after the reported transactions?

Individual line items show beneficial ownership amounts (examples) culminating in a reported figure of 12,863 shares on the final line of the filing.

Who signed the Form 4 for Stuart A. Taylor II and when was it signed?

The Form 4 was signed by Allison A. Westfall, Attorney-in-Fact for Stuart A. Taylor II on 10/02/2025.