Form 4: Hillenbrand Inc. Executive Carole Anne Phillips Reports Stock Transactions
SEC Form 4 Filing
Carole Anne Phillips, Sr. VP & Chief Proc. Officer of Hillenbrand, Inc., reports the acquisition and disposal of common stock and restricted stock units on March 31, 2025.
Summary
- On March 31, 2025, Carole Anne Phillips, Sr. VP & Chief Proc. Officer of Hillenbrand, Inc., reported transactions involving the company's common stock and restricted stock units.
- Phillips acquired 36 shares of common stock through the vesting of restricted stock units.
- Phillips disposed of 16 shares of common stock to cover tax obligations at a price of $24.132 per share.
- Phillips also acquired restricted stock units under various deferred stock award plans and a matching RSU framework.
- The reported transactions changed Phillips' direct ownership of common stock to 5,096 shares.
- Phillips' holdings of restricted stock units also changed, with various vesting schedules and expiration dates.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports transactions by an insider, which is a routine occurrence.
Positives
- The acquisition of restricted stock units demonstrates a continued alignment of the executive's interests with those of the company and its shareholders.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which is important for maintaining investor confidence.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they represent routine insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 12/07/2022 | Date of Deferred Stock Award for some Restricted Stock Units |
| 09/12/2022 | Date of Deferred Stock Award for some Restricted Stock Units |
| 12/7/2023 | Date of Deferred Stock Award for some Restricted Stock Units |
| 3/15/2024 | Vesting date for some Restricted Stock Units |
| 12/5/2024 | Date of Deferred Stock Award for some Restricted Stock Units |
| 3/15/2025 | Vesting date for some Restricted Stock Units |
| 03/31/2025 | Date of transaction and vesting of restricted stock units. |
| 12/5/2025 | Vesting date for some Restricted Stock Units |
| 12/7/2025 | Vesting date for some Restricted Stock Units |
| 12/5/2026 | Vesting date for some Restricted Stock Units |
| 12/7/2026 | Vesting date for some Restricted Stock Units |
| 12/5/2027 | Vesting date for some Restricted Stock Units |
| 03/31/2028 | Vesting date for Matching RSU Framework |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Hillenbrand, Inc., Carole Anne Phillips, Form 4, insider trading, restricted stock units, common stock, executive compensation, securities, ownership
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