Hillenbrand (NYSE: HI) executive details RSU vesting and updated share holdings

Rhea-AI Filing Summary

Hillenbrand, Inc. reported insider equity transactions by its Sr. VP & Chief HR Officer, who filed a Form 4 for activity in early December 2025. On 12/05/2025 and 12/07/2025, restricted stock units (RSUs) converted into common stock, with 3,220 and 3,512 shares acquired at an exercise price of $0 under transaction code M. On those same dates, 1,408 and 1,535 shares of common stock were disposed of at $31.82 per share under transaction code F. After these transactions, the officer directly owned 23,512 shares of Hillenbrand common stock and indirectly held 16,125 shares through The Arora Revocable Trust. The RSUs relate to deferred stock awards originally granted in 2022, 2023, and 2024, which vest in three annual installments through 2027.

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

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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^*

Arora Aneesha

(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 & Chief HR Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/05/2025

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		3,220	A	$0(1)	22,943	D
Common Stock	12/05/2025		F		1,408	D	$31.82	21,535	D
Common Stock	12/07/2025		M		3,512	A	$0(1)	25,047	D
Common Stock	12/07/2025		F		1,535	D	$31.82	23,512	D
Common Stock								16,125	I	By The Arora Revocable Trust

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 12/07/2022)	(1)	12/07/2025		M(2)			1,508	(3)	(3)	Common Stock	1,508	$0	0	D
Restricted Stock Units (Deferred Stock Award 12/7/2023)	(1)	12/07/2025		M(2)			2,004	(4)	(4)	Common Stock	2,004	$0	2,003	D
Restricted Stock Units (Deferred Stock Award 12/5/2024)	(1)	12/05/2025		M(2)			3,220	(5)	(5)	Common Stock	3,220	$0	6,441	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. Restricted Stock Units scheduled to vest one-third on 12/7/2023, one-third on 12/7/2024, and one-third on 12/7/2025.

4. Restricted Stock Units scheduled to vest one-third on 12/7/2024, one-third on 12/7/2025, and one-third on 12/7/2026.

5. Restricted Stock Units scheduled to vest one-third on 12/5/2025, one-third on 12/5/2026, and one-third on 12/5/2027.

Remarks:

	/s/ Allison A. Westfall as Attorney-in-Fact for Aneesha Arora	12/09/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Hillenbrand (HI) report in this Form 4?

The filing shows Hillenbrand's Sr. VP & Chief HR Officer reporting the vesting of restricted stock units and related common stock transactions on 12/05/2025 and 12/07/2025.

How many Hillenbrand (HI) shares were acquired and disposed of by the executive?

The officer acquired 3,220 and 3,512 shares of common stock at an exercise price of $0 through RSU conversions, and disposed of 1,408 and 1,535 shares at $31.82 per share.

What is the Hillenbrand (HI) executive's share ownership after these transactions?

Following the reported transactions, the executive directly owned 23,512 shares of Hillenbrand common stock and indirectly held 16,125 shares through The Arora Revocable Trust.

What restricted stock unit (RSU) awards are involved for the Hillenbrand (HI) officer?

The transactions involve RSUs from deferred stock awards granted in December 2022, December 2023, and December 2024, each representing the right to receive one share of common stock.

How do the Hillenbrand (HI) RSUs vest for this executive?

One RSU grant vests one-third on 12/7/2023, 12/7/2024, and 12/7/2025; another vests one-third on 12/7/2024, 12/7/2025, and 12/7/2026; and a third vests one-third on 12/5/2025, 12/5/2026, and 12/5/2027.

Do Hillenbrand (HI) restricted stock units pay dividend equivalents?

Yes. The RSUs are entitled to dividend equivalent rights, which accrue on dividend record dates.