Hillenbrand (NYSE: HI) officer details RSU vesting schedules and stock ownership
Rhea-AI Filing Summary
Hillenbrand, Inc. officer equity holdings and awards are reported for an individual serving as Sr. VP & Chief Proc. Officer. As of this filing, the officer directly holds 6,949 shares of common stock.
The filing shows several restricted stock unit (RSU) awards effective on 12/31/2025, each with a conversion price of $0 and each RSU representing the right to receive one share of common stock. RSUs from prior grant dates in 2023, 2024 and 2025 are scheduled to vest in one-third installments on specific December dates, while Matching RSUs granted under the company’s Executive Share Match framework are scheduled to vest on March 31, 2028 if framework conditions are met. RSUs carry dividend equivalent rights that accrue on dividend record dates.
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FAQ
What does the Hillenbrand (HI) Form 4 filing disclose?
The filing discloses the equity holdings and restricted stock unit (RSU) awards of a Hillenbrand officer who serves as Sr. VP & Chief Proc. Officer, including common stock directly owned and multiple RSU grants with defined vesting schedules.
How many Hillenbrand (HI) common shares does the reporting officer directly own?
The reporting officer directly owns 6,949 shares of Hillenbrand common stock following the reported transactions.
What types of derivative securities are reported in this Hillenbrand (HI) Form 4?
The Form 4 reports several restricted stock unit (RSU) awards, including deferred stock awards from 12/7/2023, 12/5/2024, and 12/4/2025, as well as Matching RSUs granted under the company's Executive Share Match framework on 03/31/2025.
When do the Hillenbrand (HI) RSU awards reported here vest?
The deferred stock RSUs are scheduled to vest one-third per year on specified dates: the 2023 grant on 12/7/2024, 12/7/2025, and 12/7/2026, the 2024 grant on 12/5/2025, 12/5/2026, and 12/5/2027, and the 2025 grant on 12/4/2026, 12/4/2027, and 12/4/2028.
What are the Matching RSUs mentioned in the Hillenbrand (HI) filing?
The Matching RSUs represent awards granted under Hillenbrand's Executive Share Match framework. These units are scheduled to vest on March 31, 2028 and will be settled in shares of common stock or cash if the framework's vesting conditions are satisfied.
Do the Hillenbrand (HI) RSUs include dividend equivalent rights?
Yes. The filing states that the restricted stock units are entitled to dividend equivalent rights, which accrue on dividend record dates.
What does each Hillenbrand (HI) restricted stock unit represent?
Each restricted stock unit reported in this filing represents the contingent right to receive one share of Hillenbrand's common stock, subject to the applicable vesting schedule and conditions.