Form 4: Hillenbrand Executive Nicholas Farrell Reports Stock Transactions
SEC Form 4 Filing
Nicholas Farrell, Sr. VP, GC & Secretary of Hillenbrand, Inc., reports the acquisition and disposal of common stock and restricted stock units.
Summary
- On June 29, 2024, Nicholas Farrell acquired 15,387 shares of common stock upon the vesting of restricted stock units.
- Also on June 29, 2024, Farrell disposed of 6,594 shares of common stock to cover tax obligations at a price of $40.33 per share.
- Following these transactions, Farrell directly owns 50,744 shares of Hillenbrand, Inc.
- Farrell also holds various restricted stock units with different vesting schedules.
Sentiment
Score: 5
Explanation: This is a routine filing reflecting standard compensation practices; neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Key Dates
| Date | Description |
|---|---|
| 12/2/2021 | Date of Deferred Stock Award for some Restricted Stock Units |
| 6/29/2022 | Date of Deferred Stock Award for some Restricted Stock Units |
| 12/7/2022 | Date of Deferred Stock Award for some Restricted Stock Units |
| 12/7/2023 | Date of Deferred Stock Award for some Restricted Stock Units |
| 06/28/2024 | Transaction date for acquisition of Restricted Stock Units |
| 06/29/2024 | Transaction date for acquisition and disposal of common stock |
| 07/02/2024 | Date of signature for the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.