HI Form 4: Director Joy Greenway receives 368 restricted stock units
Rhea-AI Filing Summary
Joy M. Greenway, a director of Hillenbrand, Inc. (HI), was awarded a series of Restricted Stock Units on 09/30/2025. The Form 4 reports the acquisition of 368 RSUs across awards dated 2013–2025 (individual grant amounts: 21, 33, 33, 38, 27, 24, 24, 36, 25, 23, 24, 26, 34). Each RSU represents the right to one share and the awards carry dividend equivalent rights; the reported per-share price is $0 because these are compensation awards rather than market purchases.
The filing notes vesting rules: some older awards vest immediately but have post-service holding requirements, while more recent awards vest at the next annual meeting or one year from grant and include accelerated vesting on a change in control, death, or disability. The Form 4 was filed by an attorney-in-fact on behalf of Ms. Greenway and shows these transactions were reported as acquisitions of derivative securities that convert into common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/27/13) | 21 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/26/14) | 33 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/25/15) | 33 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/24/16) | 38 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/22/17) | 27 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/15/18) | 24 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/14/19) | 24 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/13/20) | 36 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/11/21) | 25 | $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 | -- | -- | -- |
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 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. 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
