Form 4: Hillenbrand CFO Robert VanHimbergen Reports Acquisition of Restricted Stock Units

Robert VanHimbergen, CFO of Hillenbrand, Inc., reports the acquisition of restricted stock units on December 31, 2024.

Summary

• Robert VanHimbergen, the Senior Vice President and CFO of Hillenbrand, Inc., filed a Form 4 on January 3, 2025, reporting changes in beneficial ownership.
• On December 31, 2024, VanHimbergen acquired restricted stock units (RSUs) under deferred stock award programs.
• These RSUs are scheduled to vest in one-third increments over three years from the grant date.
• Specifically, he acquired 165 RSUs from a 2022 award, 20 RSUs from another 2022 award, 57 RSUs from a 2023 award, and 106 RSUs from a 2024 award.
• Following these transactions, VanHimbergen directly owns 22,757 RSUs from the 2022 award, 2,802 RSUs from the other 2022 award, 7,869 RSUs from the 2023 award, and 14,623 RSUs from the 2024 award.
• Each RSU represents the contingent right to receive one share of Hillenbrand's common stock and is entitled to dividend equivalent rights.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing, indicating standard compensation practices. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Positives

• The acquisition of restricted stock units by the CFO aligns his interests with those of the shareholders.
• The vesting schedule encourages long-term commitment from the CFO.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The acquisition of RSUs by the CFO aligns his interests with shareholders, potentially encouraging decisions that benefit the company's long-term performance.

Key Dates