Form 4: Hillenbrand Executive Reports Acquisition of New Restricted Stock Units

Ulrich Bartel, Sr. VP & President of APS at Hillenbrand, Inc., reported the acquisition of new Restricted Stock Units and updated his beneficial ownership of company common stock and RSUs.

Summary

• Ulrich Bartel, Sr. VP & President, APS, of Hillenbrand, Inc. [HI], reported changes in his beneficial ownership on June 30, 2025.
• Acquired 20 Restricted Stock Units (RSUs) from a December 7, 2022 deferred stock award.
• Acquired 61 RSUs from a December 7, 2023 deferred stock award.
• Acquired 107 RSUs from a December 5, 2024 deferred stock award.
• Acquired 58 Matching RSUs under the company's Executive Share Match framework dated March 31, 2025.
• Following these transactions, Bartel beneficially owns 24,179 shares of common stock directly.
• He also beneficially owns 1,844 RSUs from the 12/7/2022 award, 5,591 RSUs from the 12/7/2023 award, 9,683 RSUs from the 12/5/2024 award, and 5,304 Matching RSUs from the 03/31/2025 framework.
• Each RSU represents the contingent right to receive one share of common stock and is entitled to dividend equivalent rights.
• The RSUs have various vesting schedules, with the earliest vesting in 2023 and the latest in 2028.

Sentiment

Score: 7

Explanation: The acquisition of additional Restricted Stock Units by a senior executive generally indicates confidence in the company's future performance, although this is a routine compensation disclosure and not indicative of extraordinary events.

Positives

• The acquisition of additional Restricted Stock Units by a senior executive can indicate confidence in the company's future performance and aligns management's interests with shareholders.
• The RSU grants are part of a structured compensation plan, providing long-term incentives for executive performance.

Future Outlook

The document details future vesting schedules for the acquired Restricted Stock Units, with vesting dates extending from December 2023 through March 2028, indicating a long-term incentive structure for the executive.

Management Comments

• Each Restricted Stock Unit represents the contingent right to receive one share of the issuer's common stock.
• Restricted Stock Units are entitled to dividend equivalent rights which accrue on dividend record dates.

Industry Context

This Form 4 filing is a routine disclosure of insider equity transactions, common across all publicly traded companies, and does not provide information on broader industry trends or competitive landscape.

Stakeholder Impact

• Shareholders: The RSU grants align the executive's financial interests with those of the shareholders, as the value of the RSUs is tied to the company's stock performance.

Next Steps

• Vesting of Restricted Stock Units on December 7, 2025 (for 12/7/2022 and 12/7/2023 awards).
• Vesting of Restricted Stock Units on December 5, 2025 (for 12/5/2024 award).
• Vesting of Restricted Stock Units on December 7, 2026 (for 12/7/2023 award).
• Vesting of Restricted Stock Units on December 5, 2026 (for 12/5/2024 award).
• Vesting of Restricted Stock Units on December 5, 2027 (for 12/5/2024 award).
• Vesting of Matching Restricted Stock Units on March 31, 2028.

Key Dates

Keywords

Hillenbrand, HI, Ulrich Bartel, SEC Form 4, insider transaction, beneficial ownership, Restricted Stock Units, RSU, executive compensation, stock award, corporate governance