Form 4: Hillenbrand Inc. Executive Carole Anne Phillips Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Carole Anne Phillips, Sr. VP & Chief Proc. Officer of Hillenbrand, Inc., reports the acquisition of restricted stock units on June 28, 2024.
Summary
- On June 28, 2024, Carole Anne Phillips, Sr. VP & Chief Proc. Officer of Hillenbrand, Inc., acquired restricted stock units.
- These units are related to deferred stock awards from September 12, 2022, December 7, 2022, and December 7, 2023.
- Phillips acquired 21 restricted stock units from the 2022-09-12 award, 6 from the 2022-12-07 award, and 12 from the 2023-12-07 award.
- The price of each derivative security was $0.
- Following the transaction, Phillips directly owns 3,811, 1,112, and 2,341 restricted stock units from the respective awards.
- Phillips also directly owns 2,341 shares of Hillenbrand, Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing indicating an executive's acquisition of restricted stock units, which is neither overtly positive nor negative.
Positives
- The acquisition of restricted stock units by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The acquisition of restricted stock units by a company executive can influence investor sentiment, potentially impacting shareholder value.
Key Dates
| Date | Description |
|---|---|
| 09/12/2022 | Date of Deferred Stock Award related to some of the restricted stock units. |
| 12/07/2022 | Date of Deferred Stock Award related to some of the restricted stock units. |
| 12/07/2023 | Date of Deferred Stock Award related to some of the restricted stock units. |
| 06/28/2024 | Date of transaction: Acquisition of restricted stock units. |
| 07/02/2024 | Date of signature on the Form 4 filing. |
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