Hillenbrand (HI) director reports RSU and deferred fee stock awards

Rhea-AI Filing Summary

Hillenbrand, Inc. director equity activity: A reporting person who serves as a director of Hillenbrand, Inc. reported multiple restricted stock unit (RSU) and deferred fee awards effective 12/31/2025. Table I shows 0 shares of common stock held directly after the reported non-derivative transaction.

Table II lists a series of RSU awards labeled as deferred stock awards from 2009 through 2025, each with small additional amounts credited on 12/31/2025, such as 54 RSUs tied to a 2/11/09 grant and 80 RSUs related to deferred director fees. Each RSU represents the right to receive one share of common stock and carries dividend equivalent rights that accrue on dividend record dates.

Some RSUs vest immediately upon grant with post-service holding requirements, while others vest on the earlier of the next annual shareholder meeting or one year from grant, with accelerated vesting or share delivery tied to events such as a change in control, death, disability, or the director ceasing to serve. Certain RSUs will be automatically converted into shares when the director retires from the Board.

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^*

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)
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								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)	12/31/2025		A(2)		54		(3)	(3)	Common Stock	54	$0	7,625	D
Restricted Stock Units (Deferred Stock Award 2/24/10)	(1)	12/31/2025		A(2)		48		(3)	(3)	Common Stock	48	$0	6,832	D
Restricted Stock Units (Deferred Stock Award 2/23/11)	(1)	12/31/2025		A(2)		43		(3)	(3)	Common Stock	43	$0	6,137	D
Restricted Stock Units (Deferred Stock Award 2/22/12)	(1)	12/31/2025		A(2)		40		(3)	(3)	Common Stock	40	$0	5,834	D
Restricted Stock Units (Deferred Stock Award 2/27/13)	(1)	12/31/2025		A(2)		37		(3)	(3)	Common Stock	37	$0	5,332	D
Restricted Stock Units (Deferred Stock Award 2/26/14)	(1)	12/31/2025		A(2)		29		(3)	(3)	Common Stock	29	$0	4,205	D
Restricted Stock Units (Deferred Stock Award 2/25/15)	(1)	12/31/2025		A(2)		29		(3)	(3)	Common Stock	29	$0	4,155	D
Restricted Stock Units (Deferred Stock Award 2/24/16)	(1)	12/31/2025		A(2)		33		(3)	(3)	Common Stock	33	$0	4,729	D
Restricted Stock Units (Deferred Stock Award 2/22/17)	(1)	12/31/2025		A(2)		23		(3)	(3)	Common Stock	23	$0	3,342	D
Restricted Stock Units (Deferred Stock Award 2/15/18)	(1)	12/31/2025		A(2)		21		(3)	(3)	Common Stock	21	$0	2,954	D
Restricted Stock Units (Deferred Stock Award 2/14/19)	(1)	12/31/2025		A(2)		21		(3)	(3)	Common Stock	21	$0	2,963	D
Restricted Stock Units (Deferred Stock Award 2/13/20)	(1)	12/31/2025		A(2)		31		(3)	(3)	Common Stock	31	$0	4,431	D
Restricted Stock Units (Deferred Stock Award 2/11/21)	(1)	12/31/2025		A(2)		22		(4)	(4)	Common Stock	22	$0	3,121	D
Restricted Stock Units (Deferred Stock Award 2/10/22)	(1)	12/31/2025		A(2)		20		(4)	(4)	Common Stock	20	$0	2,882	D
Restricted Stock Units (Deferred Stock Award 2/24/23)	(1)	12/31/2025		A(2)		20		(4)	(4)	Common Stock	20	$0	2,933	D
Restricted Stock Units (Deferred Stock Award 2/20/24)	(1)	12/31/2025		A(2)		22		(4)	(4)	Common Stock	22	$0	3,187	D
Restricted Stock Units (Deferred Stock Award 2/18/25)	(1)	12/31/2025		A(2)		29		(4)	(4)	Common Stock	29	$0	4,151	D
Deferred Director Fees	(1)	12/31/2025		A(2)		80		(5)	(5)	Common Stock	80	$0	12,943	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	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 activity did Hillenbrand (HI) report on 12/31/2025?

The report shows a Hillenbrand director had multiple restricted stock unit (RSU) and deferred fee awards credited as of 12/31/2025, while holding 0 shares of common stock directly in Table I.

What type of securities did the Hillenbrand (HI) director receive?

The director received restricted stock units (RSUs) and amounts classified as Deferred Director Fees, each representing the contingent right to receive one share of Hillenbrand common stock.

Do the Hillenbrand (HI) restricted stock units pay dividends?

Yes. The filing explains that the restricted stock units are entitled to dividend equivalent rights, which accrue on the issuer’s dividend record dates.

When do the Hillenbrand (HI) director RSUs vest?

Some RSUs vest immediately upon grant with post-service holding requirements, while others vest on the earlier of the next annual shareholder meeting or one year from the grant date, with additional vesting and delivery tied to specified events.

What happens to certain Hillenbrand (HI) RSUs when the director leaves the Board?

The filing states that for particular awards, delivery of the underlying shares occurs upon events such as a change in control, the director’s death or permanent disability, or after the director ceases to be a director, and some RSUs are automatically converted into shares upon retirement from the Board.

Did this Hillenbrand (HI) Form 4 involve any cash exercise price for the RSUs?

The table lists the price of the derivative securities as $0 for the restricted stock units and deferred director fee entries reported.