Form 4: Hillenbrand CFO Robert VanHimbergen Reports Stock Transactions
SEC Form 4 Filing
Robert VanHimbergen, Sr. VP and CFO of Hillenbrand, Inc., reports the vesting and disposal of restricted stock units and common stock transactions on March 14, 2024.
Summary
- On March 14, 2024, Robert VanHimbergen, the Senior VP and CFO of Hillenbrand, Inc., engaged in transactions involving the company's stock.
- 22,193 restricted stock units vested and were converted into common stock.
- Simultaneously, 10,409 shares of common stock were disposed of at a price of $46.915 per share.
- Following these transactions, VanHimbergen directly owns 46,343 shares of Hillenbrand, Inc. common stock and 22,192 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but it's unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 03/14/2022 | Date of Deferred Stock Award |
| 03/14/2023 | One-third of Restricted Stock Units scheduled to vest |
| 03/14/2024 | Date of stock transactions; one-third of Restricted Stock Units scheduled to vest |
| 03/14/2025 | One-third of Restricted Stock Units scheduled to vest |
| 03/18/2024 | Date of signature for the Form 4 filing |
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