Form 4: Hillenbrand Inc. Executive Tamara Morytko Reports Stock Transactions
SEC Form 4 Filing
Tamara Morytko, a Senior VP & President at Hillenbrand, Inc., reported the vesting and subsequent disposal of restricted stock units, along with a tax withholding transaction.
Summary
- On September 11, 2024, Tamara Morytko, a Senior VP & President at Hillenbrand, Inc., had 4,097 restricted stock units vest.
- These units converted into common stock.
- Also on September 11, 2024, Morytko disposed of 1,886 shares of common stock at a price of $25.98 per share to cover tax obligations.
- Following these transactions, Morytko directly owns 2,211 shares of Hillenbrand, Inc. common stock and 12,298 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine transaction.
Key Dates
| Date | Description |
|---|---|
| 09/11/2023 | Date of Deferred Stock Award |
| 09/11/2024 | Date of transaction: vesting of restricted stock units and disposal of shares for tax obligations |
| 09/11/2025 | One-quarter of Restricted Stock Units scheduled to vest |
| 09/11/2026 | One-half of Restricted Stock Units scheduled to vest |
| 09/13/2024 | Date of Form 4 filing |
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