Hillenbrand (HI) director reports 29 RSUs and 4,151 units owned

Rhea-AI Filing Summary

Hillenbrand, Inc. director reports equity award activity. A reporting person serving as a director of Hillenbrand, Inc. (ticker HI) filed details of changes in their equity holdings. On 12/31/2025, the director received 29 Restricted Stock Units as a deferred stock award, each representing the right to receive one share of common stock.

The filing states that these Restricted Stock Units carry dividend equivalent rights that accrue on dividend record dates. They vest on the earlier of Hillenbrand’s next annual meeting of shareholders or one year from the grant date, and will immediately vest upon certain events such as a change in control of the company, the director’s death or permanent and total disability, or one day after the director ceases to be a director. After this transaction, the director beneficially owns 4,151 derivative securities in the form of Restricted Stock Units held directly.

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

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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^*

Lower Joseph T

(Last) (First) (Middle)

ONE BATESVILLE BOULEVARD

(Street)

BOULEVARD 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025

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								79	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 2/18/25)	(1)	12/31/2025		A(2)		29		(3)	(3)	Common Stock	29	$0	4,151	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. 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.

Remarks:

	/s/ Allison A. Westfall, Attorney-in-Fact for Joseph T. Lower	01/05/2026
	** 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 in this Form 4?

The filing reports that a Hillenbrand, Inc. director received 29 Restricted Stock Units as a deferred stock award dated 12/31/2025, each representing the right to receive one share of Hillenbrand common stock.

How many Restricted Stock Units does the Hillenbrand (HI) director own after this transaction?

Following the reported transaction, the director beneficially owns 4,151 derivative securities, consisting of Restricted Stock Units related to Hillenbrand common stock, all held directly.

When do the Restricted Stock Units reported by the Hillenbrand (HI) director vest?

The Restricted Stock Units vest on the earlier of Hillenbrand’s next annual meeting of shareholders or one year from the date of grant, subject to additional immediate vesting upon specific events.

What special vesting conditions apply to the Hillenbrand (HI) director’s Restricted Stock Units?

The units will immediately vest and share delivery will occur only upon events such as a change in control of Hillenbrand, the director’s death or permanent and total disability, or one day after the director ceases to be a director of the company.

Do the Hillenbrand (HI) director’s Restricted Stock Units include dividend equivalents?

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

What does each Restricted Stock Unit represent for the Hillenbrand (HI) director?

Each Restricted Stock Unit reported in the filing represents the contingent right to receive one share of Hillenbrand, Inc. common stock, subject to the vesting and delivery conditions described.