Form 4: HI director Joseph Lower granted 34 RSUs; now owns 4,122 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Hillenbrand director Joseph T. Lower filed a Form 4 reporting changes in his beneficial ownership. On 09/30/2025 he was credited with 34 Restricted Stock Units (granted 02/18/2025) that represent the right to receive 34 shares of the issuer's common stock. Following the reported transaction he beneficially owned 4,122 shares of Hillenbrand common stock. The RSUs carry dividend equivalent rights and vest on the earlier of the next annual meeting or one year from grant, but they will become immediately vested on a change in control, the director's death or permanent total disability, or one day after he ceases to be a director. The Form 4 was signed by an attorney-in-fact on 10/02/2025.
Positive
- Received 34 Restricted Stock Units which align director compensation with shareholder value
- Beneficial ownership increased to 4,122 shares, signaling continued director stake in the company
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lower Joseph T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units (Deferred Stock Award 2/18/25) | 34 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (Deferred Stock Award 2/18/25) — 4,122 shares (Direct);
Common Stock — 79 shares (Direct)
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 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.
FAQ
What change did Hillenbrand (HI) director Joseph T. Lower report on Form 4?
He reported receipt of 34 Restricted Stock Units on 09/30/2025, increasing his beneficial ownership to 4,122 shares.
When do the Restricted Stock Units reported by Joseph T. Lower vest?
They vest on the earlier of the issuer's next annual meeting or one year from the grant date, with immediate vesting on a change in control, the director's death or permanent total disability, or one day after he ceases to be a director.
Do the Restricted Stock Units include dividend rights?
Yes, the RSUs are entitled to dividend equivalent rights which accrue on dividend record dates.
What form was filed and when was it signed?
A Form 4 was filed reporting the transaction and it was signed by an attorney-in-fact on 10/02/2025.
What is Joseph T. Lower's role at Hillenbrand?
He is a director of Hillenbrand, as indicated on the Form 4.