Form 4: Hillenbrand Director Gary L. Collar Reports Acquisition of Restricted Stock Units

Director Gary L. Collar reports acquisition of 4,006 restricted stock units in Hillenbrand, Inc.

Summary

• Gary L. Collar, a director of Hillenbrand, Inc., filed a Form 4 to report a transaction.
• On February 18, 2025, Mr. Collar acquired 4,006 Restricted Stock Units (RSUs) representing a contingent right to receive one share of Hillenbrand's common stock per unit.
• The RSUs vest on the earlier of the next annual meeting of shareholders or one year from the grant date, with immediate vesting upon a change in control, death, disability, or cessation of directorship.
• Following the transaction, Mr. Collar directly owns 4,006 derivative securities.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, indicating a standard compensation practice. Sentiment is neutral.

Future Outlook

The vesting of the Restricted Stock Units is contingent upon future events such as the annual meeting, change in control, or cessation of directorship.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of restricted stock units by a director aligns their interests with those of the shareholders.

Key Dates

Keywords

Form 4, Hillenbrand, Director, Restricted Stock Units, Beneficial Ownership, HI, Collar