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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/11/09) | 54 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/24/10) | 48 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/23/11) | 43 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/22/12) | 40 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/27/13) | 37 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/26/14) | 29 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/25/15) | 29 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/24/16) | 33 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/22/17) | 23 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/15/18) | 21 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/14/19) | 21 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/13/20) | 31 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/11/21) | 22 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/10/22) | 20 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/24/23) | 20 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/20/24) | 22 | $0.00 | -- |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/18/25) | 29 | $0.00 | -- |
| Grant/Award | Deferred Director Fees | 80 | $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. 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.
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.