STOCK TITAN

Hillenbrand (HI) insider Farrell receives 29,874 RSUs and exercises shares

Filing Impact
(Moderate)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Hillenbrand, Inc. reported insider equity transactions by senior vice president, general counsel and secretary Nicholas R. Farrell. On 12/05/2025, he acquired 2,492 shares of common stock at $31.82 per share through an option exercise and had 1,068 shares disposed of at $31.82 per share, leaving 70,723 shares of common stock held directly. On 12/04/2025, he was also granted 29,874 Restricted Stock Units, each representing one share of common stock, with dividend equivalent rights. These RSUs are scheduled to vest in three equal installments on 12/4/2026, 12/4/2027, and 12/4/2028.

Positive

  • None.

Negative

  • None.
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).
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*
FARRELL NICHOLAS R

(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, GC & Secretary
3. Date of Earliest Transaction (Month/Day/Year)
12/04/2025
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 12/05/2025 M 2,492 A(1) $31.82 71,791 D
Common Stock 12/05/2025 F 1,068 D $31.82 70,723 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 12/4/2025) (2) 12/04/2025 A(3) 29,874 (4) (4) Common Stock 29,874 $0 29,874 D
Explanation of Responses:
1. Consists of shares issued upon vesting of performance-based Restricted Stock Units.
2. Each Restricted Stock Unit represents the contingent right to receive one share of the issuer's common stock.
3. Restricted Stock Units are entitled to dividend equivalent rights which accrue on dividend record dates.
4. Restricted Stock Units scheduled to vest one-third on 12/4/2026, one-third on 12/4/2027, and one-third on 12/4/2028.
Remarks:
/s/ Allison A. Westfall, Attorney-in-Fact for Nicholas R. Farrell 12/08/2025
** 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 insider transaction did Hillenbrand (HI) report for Nicholas R. Farrell?

Hillenbrand reported that senior vice president, general counsel and secretary Nicholas R. Farrell exercised options to acquire 2,492 shares of common stock at $31.82 per share on 12/05/2025 and had 1,068 shares disposed of at the same price, resulting in 70,723 shares held directly.

How many Restricted Stock Units did Hillenbrand (HI) grant to Nicholas R. Farrell?

On 12/04/2025, Hillenbrand granted 29,874 Restricted Stock Units to Nicholas R. Farrell, each representing the contingent right to receive one share of the company’s common stock.

What is the vesting schedule for Nicholas R. Farrell’s 29,874 RSUs at Hillenbrand (HI)?

The 29,874 RSUs granted on 12/04/2025 are scheduled to vest in three equal installments: one-third on 12/4/2026, one-third on 12/4/2027, and one-third on 12/4/2028.

Do the Hillenbrand (HI) RSUs granted to Nicholas R. Farrell include dividend equivalents?

Yes. The filing states that these Restricted Stock Units are entitled to dividend equivalent rights, which accrue on dividend record dates.

What is Nicholas R. Farrell’s role at Hillenbrand (HI)?

He is identified as an officer of Hillenbrand, serving as Senior Vice President, General Counsel & Secretary.

How many Hillenbrand (HI) common shares does Nicholas R. Farrell own after these transactions?

Following the reported transactions, Nicholas R. Farrell beneficially owns 70,723 shares of Hillenbrand common stock directly.

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