HI Form 4: Director Helen Cornell credited with 490 Restricted Stock Units

Rhea-AI Filing Summary

Helen W. Cornell, a director of Hillenbrand, Inc. (HI), reported transactions dated 09/30/2025. The filing shows indirect beneficial ownership of 11,691 shares held by the Helen W. Cornell 2020 Irrevocable Trust and 1,500 shares held by the Helen W. Cornell Rev. Trust. On 09/30/2025 Ms. Cornell was credited with 490 Restricted Stock Units (RSUs) across awards dating from 2012 through 2025. Several RSU grants vest immediately or under short schedules and carry dividend-equivalent rights; vesting and share delivery are subject to the issuer’s holding rules and specified conditions such as the next annual meeting or one year from grant for certain awards. The form is signed by an attorney-in-fact on 10/02/2025.

Positive

• 490 Restricted Stock Units granted to the director on 09/30/2025, indicating ongoing equity alignment
• Director holds indirect beneficial ownership of 11,691 and 1,500 shares via two trusts

Negative

• None.

Insights

Corporate Governance Expert

Director received compensation via RSUs totaling 490 units on 09/30/2025.

The filing records 490 Restricted Stock Units granted across legacy award schedules; these units convert to common stock and include dividend-equivalent rights as stated. Some awards vest immediately while others vest on the earlier of the next annual meeting or one year from grant, with specified post-service holding requirements for directors.

This is a routine director compensation disclosure showing equity-based pay and existing indirect holdings of 11,691 and 1,500 shares in two trusts, which is relevant for understanding insider alignment with shareholders.

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).

1. Name and Address of Reporting Person^*

CORNELL HELEN W

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

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								11,691	I	By Helen W. Cornell 2020 Irrevocable Trust
Common Stock								1,500	I	By Helen W. Cornell Rev. 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 2/22/12)	(1)	09/30/2025		A(2)		53		(3)	(3)	Common Stock	53	$0	6,582	D
Restricted Stock Units (Deferred Stock Award 2/27/13)	(1)	09/30/2025		A(2)		43		(3)	(3)	Common Stock	43	$0	5,295	D
Restricted Stock Units (Deferred Stock Award 2/26/14)	(1)	09/30/2025		A(2)		33		(3)	(3)	Common Stock	33	$0	4,176	D
Restricted Stock Units (Deferred Stock Award 2/25/15)	(1)	09/30/2025		A(2)		33		(3)	(3)	Common Stock	33	$0	4,126	D
Restricted Stock Units (Deferred Stock Award 2/24/16)	(1)	09/30/2025		A(2)		38		(3)	(3)	Common Stock	38	$0	4,696	D
Restricted Stock Units (Deferred Stock Award 2/22/17)	(1)	09/30/2025		A(2)		27		(3)	(3)	Common Stock	27	$0	3,319	D
Restricted Stock Units (Deferred Stock Award 2/15/18)	(1)	09/30/2025		A(2)		24		(3)	(3)	Common Stock	24	$0	2,933	D
Restricted Stock Units (Deferred Stock Award 2/14/19)	(1)	09/30/2025		A(2)		24		(3)	(3)	Common Stock	24	$0	2,942	D
Restricted Stock Units (Deferred Stock Award 2/13/20)	(1)	09/30/2025		A(2)		36		(3)	(3)	Common Stock	36	$0	4,400	D
Restricted Stock Units (Deferred Stock Award 2/11/21)	(1)	09/30/2025		A(2)		25		(4)	(4)	Common Stock	25	$0	3,099	D
Restricted Stock Units (Deferred Stock Award 2/10/22)	(1)	09/30/2025		A(2)		23		(4)	(4)	Common Stock	23	$0	2,862	D
Restricted Stock Units (Deferred Stock Award 2/24/23)	(1)	09/30/2025		A(2)		35		(4)	(4)	Common Stock	35	$0	4,341	D
Restricted Stock Units (Deferred Stock Award 2/20/24)	(1)	09/30/2025		A(2)		41		(4)	(4)	Common Stock	41	$0	5,087	D
Restricted Stock Units (Deferred Stock Award 2/18/25)	(1)	09/30/2025		A(2)		55		(4)	(4)	Common Stock	55	$0	6,771	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 immediately upon grant. However, for awards granted prior to May 2014, directors must hold the underlying shares of common stock of the Company for six months after they cease serving as a director, and for awards granted in May 2014 or later, directors must hold the underlying shares of common stock of the Company for one day after the director ceases serving.

4. 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 Helen W. Cornell	10/02/2025
	** 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.
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FAQ

What transactions did Helen W. Cornell report on Form 4 for HI?

The Form 4 reports the crediting of 490 Restricted Stock Units on 09/30/2025 and indirect ownership of 11,691 and 1,500 common shares via two trusts.

When were the reported transactions executed?

All reported transactions are dated 09/30/2025; the Form is signed by attorney-in-fact on 10/02/2025.

Do the Restricted Stock Units include dividend rights or special vesting?

Yes. The RSUs include dividend equivalent rights, and vesting rules vary: some vest immediately and others vest at the earlier of the next annual meeting or one year from grant, with post-service holding requirements described.

How many RSUs were granted across award years?

The filing lists RSU awards from 2012 through 2025 totaling 490 units granted on 09/30/2025.

What is Helen Cornell’s relationship to HI?

Helen W. Cornell is reported as a Director of Hillenbrand, Inc.