Form 4: Hillenbrand Director Helen Cornell Reports Acquisition of Restricted Stock Units
SEC Form 4
Director Helen Cornell reports the acquisition of restricted stock units in Hillenbrand, Inc. on March 31, 2025.
Summary
- Helen Cornell, a director of Hillenbrand, Inc., filed a Form 4 on April 02, 2025, reporting transactions related to the company's stock.
- On March 31, 2025, Cornell acquired restricted stock units (RSUs) under various deferred stock award plans.
- These RSUs convert to common stock and are subject to vesting conditions, generally vesting immediately upon grant but with holding requirements after ceasing to be a director.
- The reported transactions involve the acquisition of RSUs granted between 2012 and 2025.
- Cornell also indirectly owns 11,691 shares of common stock through the Helen W. Cornell 2020 Irrevocable Trust and 1,500 shares through the Helen W. Cornell Rev. Trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Positives
- The acquisition of restricted stock units by a director signals confidence in the company's future performance.
- The vesting conditions encourage long-term commitment from the director.
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 restricted stock units by a director can be viewed positively by shareholders as it aligns the director's interests with the company's long-term success.
Key Dates
| Date | Description |
|---|---|
| 02/22/2012 | Date of Deferred Stock Award plan |
| 02/27/2013 | Date of Deferred Stock Award plan |
| 02/26/2014 | Date of Deferred Stock Award plan |
| 02/25/2015 | Date of Deferred Stock Award plan |
| 02/24/2016 | Date of Deferred Stock Award plan |
| 02/22/2017 | Date of Deferred Stock Award plan |
| 02/15/2018 | Date of Deferred Stock Award plan |
| 02/14/2019 | Date of Deferred Stock Award plan |
| 02/13/2020 | Date of Deferred Stock Award plan |
| 02/11/2021 | Date of Deferred Stock Award plan |
| 02/10/2022 | Date of Deferred Stock Award plan |
| 02/24/2023 | Date of Deferred Stock Award plan |
| 02/20/2024 | Date of Deferred Stock Award plan |
| 02/18/2025 | Date of Deferred Stock Award plan |
| 03/31/2025 | Date of transaction (acquisition of restricted stock units) |
| 04/02/2025 | Date of Form 4 filing |
Keywords
Form 4, Hillenbrand, Director, Restricted Stock Units, Beneficial Ownership, Cornell, HI
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