Form 4: Hillenbrand Inc. Executive Ulrich Bartel Reports Acquisition of Restricted Stock Units

Ulrich Bartel, Sr. VP & President of APS at Hillenbrand, Inc., reports the acquisition of restricted stock units on December 31, 2024.

Summary

• Ulrich Bartel, a Senior VP & President at Hillenbrand, Inc., filed a Form 4 on January 3, 2025, reporting changes in beneficial ownership.
• On December 31, 2024, Bartel acquired restricted stock units (RSUs) related to deferred stock awards from 2022, 2023 and 2024.
• Specifically, he acquired 13 RSUs from the 2022 award, 39 RSUs from the 2023 award, and 68 RSUs from the 2024 award.
• These RSUs represent the contingent right to receive shares of Hillenbrand's common stock and are entitled to dividend equivalent rights.
• The RSUs vest in three tranches, with the 2022 award vesting on 12/7/2023, 12/7/2024, and 12/7/2025, the 2023 award vesting on 12/7/2024, 12/7/2025, and 12/7/2026, and the 2024 award vesting on 12/5/2025, 12/5/2026, and 12/5/2027.
• Following these transactions, Bartel directly owns 1,808 RSUs from the 2022 award, 5,479 RSUs from the 2023 award and 9,488 RSUs from the 2024 award.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it's a routine regulatory filing. The acquisition of RSUs by an executive is generally viewed as a slightly positive sign, but it's not a major event.

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 insider trading regulations, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The acquisition of restricted stock units by a company executive could have a slightly positive impact on shareholder sentiment.

Key Dates