Form 4: Hillenbrand Sr. VP Whitted Reports Stock Transactions

J. Michael Whitted, Hillenbrand's Sr. VP of Strategy & Corporate Development, reported the vesting of restricted stock units and related tax withholdings.

Summary

• J. Michael Whitted, Sr. VP, Strategy & Corp. Dev. at Hillenbrand, Inc. (HI), reported multiple transactions involving the company's common stock.
• On December 5, 2025, 2,740 shares of common stock were acquired through the vesting of Restricted Stock Units (RSUs) at an exercise price of $0.
• Concurrently on December 5, 2025, 803 shares were disposed of at $31.82 per share, likely to cover tax obligations related to the RSU vesting.
• On December 7, 2025, an additional 4,112 shares of common stock were acquired through RSU vesting at an exercise price of $0.
• Also on December 7, 2025, 1,205 shares were disposed of at $31.82 per share, likely for tax withholding.
• Following these transactions, Mr. Whitted directly beneficially owns 88,349 shares of Hillenbrand common stock.
• The transactions were made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions involving the vesting of restricted stock units and subsequent tax-related sales, which is a neutral event reflecting standard executive compensation practices.

Positives

• Vesting of 6,852 Restricted Stock Units (RSUs) indicates continued long-term incentive compensation for a key executive.
• The transactions were pre-planned under a Rule 10b5-1(c) plan, suggesting a structured approach to equity management.

Negatives

• A total of 2,008 shares were disposed of (803 + 1,205) to cover tax obligations, reducing direct share ownership.

Future Outlook

The filing indicates future vesting schedules for Restricted Stock Units, with portions of awards granted in 2023 and 2024 scheduled to vest on December 7, 2026, December 5, 2026, and December 5, 2027, respectively.

Industry Context

NA

Stakeholder Impact

• Shareholders: Minimal direct impact as these are routine compensation-related transactions, not a discretionary sale or purchase indicating a change in management's view of the company.
• Employees: Reflects standard executive compensation practices, which may be part of broader company compensation policies.

Next Steps

• Remaining Restricted Stock Units from the 12/7/2023 award are scheduled to vest one-third on 12/7/2026.
• Remaining Restricted Stock Units from the 12/5/2024 award are scheduled to vest one-third on 12/5/2026 and one-third on 12/5/2027.

Key Dates

Keywords

Hillenbrand, HI, Insider Trading, Form 4, Restricted Stock Units, RSU Vesting, Executive Compensation, Stock Transactions, J. Michael Whitted, Corporate Development