Hillenbrand (HI) Sr. VP awarded 31,446 RSUs and exercises stock
Rhea-AI Filing Summary
Hillenbrand, Inc. reported insider equity activity for a senior executive. Sr. VP of Strategy & Corporate Development J. Michael Whitted exercised 2,875 shares of common stock on 12/05/2025 at $31.82 per share and had 843 shares withheld at the same price, likely to cover taxes, leaving him with 83,505 directly owned shares afterward.
On 12/04/2025, he also received a grant of 31,446 Restricted Stock Units (RSUs), each representing the right to one share of common stock and accruing dividend equivalents. These RSUs are scheduled to vest in three equal installments on 12/4/2026, 12/4/2027, and 12/4/2028, aligning part of his compensation with the company’s long-term performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 2,875 | $31.82 | $91K |
| Tax Withholding | Common Stock | 843 | $31.82 | $27K |
| Grant/Award | Restricted Stock Units (Deferred Stock Award 12/4/2025) | 31,446 | $0.00 | -- |
Footnotes (1)
- Consists of shares issued upon vesting of performance-based Restricted Stock Units. 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. 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.
FAQ
What insider transaction did Hillenbrand (HI) report for J. Michael Whitted?
Hillenbrand reported that Sr. VP of Strategy & Corporate Development J. Michael Whitted exercised 2,875 shares of common stock at $31.82 per share on 12/05/2025, with 843 shares disposed of at the same price and 83,505 shares owned directly afterward.
How many Restricted Stock Units did the Hillenbrand (HI) executive receive?
On 12/04/2025, J. Michael Whitted received 31,446 Restricted Stock Units, each representing the contingent right to receive one share of Hillenbrand common stock.
When do the new Hillenbrand (HI) RSUs vest for the reporting person?
The 31,446 RSUs granted to J. Michael Whitted 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 include dividend equivalent rights?
Yes. The Restricted Stock Units are entitled to dividend equivalent rights, which accrue on dividend record dates, mirroring dividends that would be paid on the underlying common shares.
What is the role of the reporting person in Hillenbrand (HI)?
The reporting person, J. Michael Whitted, is an officer of Hillenbrand serving as Sr. VP, Strategy & Corporate Development.