HI Form 4: Aneesha Arora Disposes 18,320 Shares and Reports RSU Grants

Rhea-AI Filing Summary

Aneesha Arora, Sr. VP & Chief HR Officer of Hillenbrand, Inc. (HI), filed a Form 4 reporting transactions dated 09/30/2025. The filing shows a disposition of 18,320 shares of the issuer's common stock and continuing indirect ownership of 16,125 shares through The Arora Revocable Trust. The Form 4 was signed by an attorney-in-fact on 10/02/2025.

On the same date, Ms. Arora reported acquisition entries for restricted stock units (RSUs) tied to prior awards: 12 RSUs (Deferred Award 12/07/2022), 33 RSUs (Deferred Award 12/07/2023), 79 RSUs (Deferred Award 12/05/2024), and 153 RSUs (Matching RSU Framework 03/31/2025). These RSUs are each scheduled to vest according to the award schedules described in the filing and are entitled to dividend equivalents.

Insights

Corporate Governance Analyst

Insider reported a large share disposition and multiple RSU awards on 09/30/2025.

The filing records a disposition of 18,320 shares and continued indirect ownership of 16,125 shares via The Arora Revocable Trust. The sale is explicitly reported; no price per share is disclosed in the Form 4.

The filing also shows acquisition of RSUs totaling 277 units on that date (12, 33, 79, and 153 units) arising from prior award grants. Each RSU represents the right to one share and accrues dividend equivalents as stated.

This filing is transactional: it documents a share disposition and compensatory equity awards. The document does not disclose sale proceeds, purpose of sale, or any change in role or control.

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
Estimated average burden
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^*

Arora Aneesha

(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 & Chief HR Officer

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								18,320	D
Common Stock								16,125	I	By The Arora Revocable Trust

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 12/07/2022)	(1)	09/30/2025		A(2)		12		(3)	(3)	Common Stock	12	$0	1,508	D
Restricted Stock Units (Deferred Stock Award 12/7/2023)	(1)	09/30/2025		A(2)		33		(4)	(4)	Common Stock	33	$0	4,007	D
Restricted Stock Units (Deferred Stock Award 12/5/2024)	(1)	09/30/2025		A(2)		79		(5)	(5)	Common Stock	79	$0	9,661	D
Restricted Stock Units (Matching RSU Framework 03/31/2025)	(1)	09/30/2025		A(2)		153		(6)	(6)	Common Stock	153	$0	18,577	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 12/7/2023, one-third on 12/7/2024, and one-third on 12/7/2025.

4. 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.

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.

Remarks:

	/s/ Allison A. Westfall as Attorney-in-Fact for Aneesha Arora	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).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transactions did Aneesha Arora report on the Hillenbrand (HI) Form 4?

The Form 4 reports a disposition of 18,320 shares and the acquisition (reporting) of 277 restricted stock units across four prior awards, all dated 09/30/2025.

How many shares does Aneesha Arora beneficially own after the reported transaction?

The filing shows 16,125 shares beneficially owned indirectly through The Arora Revocable Trust following the reported disposition.

What RSU awards are included in the Form 4?

The RSUs reported are from awards dated 12/07/2022 (12 RSUs), 12/07/2023 (33 RSUs), 12/05/2024 (79 RSUs), and a 03/31/2025 matching RSU (153 RSUs) under the company framework.

Do the RSUs accrue dividends or have vesting schedules?

Yes. The filing states each RSU represents one share and RSUs are entitled to dividend equivalent rights; vesting schedules are included for each award in the filing.

When was the Form 4 signed and by whom?

The form is signed by /s/ Allison A. Westfall as Attorney-in-Fact for Aneesha Arora on 10/02/2025.