Form 4: Hillenbrand, Inc. Executive Aneesha Arora Reports Acquisition of Restricted Stock Units

Aneesha Arora, Sr. VP & Chief HR Officer of Hillenbrand, Inc., reports the acquisition of restricted stock units on June 28, 2024.

Summary

• Aneesha Arora, a Senior VP & Chief HR Officer at Hillenbrand, Inc., filed a Form 4 with the SEC.
• The filing reports the acquisition of restricted stock units (RSUs) on June 28, 2024.
• These RSUs are related to deferred stock awards from 2022 and 2023.
• Specifically, 38 RSUs relate to the 1/3/2022 award, 15 RSUs to the 12/07/2022 award, and 31 RSUs to the 12/7/2023 award.
• The RSUs entitle Arora to dividend equivalent rights.
• The vesting schedules for these RSUs vary, with some vesting in thirds annually and others with a 50/30/20 split.
• Following these transactions, Arora directly owns 16,225 shares of common stock, 7,039 RSUs from the 1/3/2022 award, 2,892 RSUs from the 12/07/2022 award, and 5,751 RSUs from the 12/7/2023 award.

Sentiment

Score: 5

Explanation: This is a routine filing related to executive compensation, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders and their holdings in the company's stock.

Stakeholder Impact

• The acquisition of restricted stock units by a company executive aligns the executive's interests with those of the shareholders.

Key Dates