Form 4: Hillenbrand Director Joseph T. Lower Reports Acquisition of Restricted Stock Units

Director Joseph T. Lower reports acquisition of 4,006 restricted stock units in Hillenbrand, Inc.

Summary

• On February 18, 2025, Joseph T. Lower, a director of Hillenbrand, Inc., acquired 4,006 restricted stock units (RSUs) representing a contingent right to receive common stock.
• The RSUs vest on the earlier of Hillenbrand's next annual meeting of shareholders or one year from the grant date.
• Immediate vesting occurs upon a change in control of the issuer, the director's death or permanent disability, or one day after the director ceases to be a director.
• Following the transaction, Mr. Lower directly owns 4,006 derivative securities.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing regarding stock ownership. It doesn't convey any particular positive or negative sentiment.

Future Outlook

The restricted stock units vest on the earlier 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.

Industry Context

This filing is a routine disclosure of a director's acquisition of restricted stock units, a common form of executive compensation.

Stakeholder Impact

• The acquisition of restricted stock units by a director aligns their interests with those of shareholders, potentially incentivizing them to work towards increasing shareholder value.

Key Dates