Ulrich Bartel - 30 Sep 2025 Form 4 Insider Report for Hillenbrand, Inc. (HI)

Role: Sr. VP & President, APS
Signature: /s/ Allison A. Westfall, Attorney-in-Fact for Bartel Ulrich
Issuer symbol: HI
Transactions as of: 30 Sep 2025
Net transactions value: $0
Form type: 4
Filing time: 02 Oct 2025, 16:09:34 UTC
Previous filing: 02 Jul 2025
Next filing: 08 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Bartel Ulrich	Sr. VP & President, APS	ONE BATESVILLE BOULEVARD, BATESVILLE	/s/ Allison A. Westfall, Attorney-in-Fact for Bartel Ulrich	02 Oct 2025	0001867296

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	HI	Common Stock						24,179	30 Sep 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	HI	Restricted Stock Units (Deferred Stock Award 12/7/2022)	Award	$0	+15	+0.81%	$0.000000	1,859	30 Sep 2025	Common Stock	15		Direct	F1, F2, F3
transaction	HI	Restricted Stock Units (Deferred Stock Award 12/7/2023)	Award	$0	+46	+0.82%	$0.000000	5,637	30 Sep 2025	Common Stock	46		Direct	F1, F2, F4
transaction	HI	Restricted Stock Units (Deferred Stock Award 12/5/2024)	Award	$0	+80	+0.83%	$0.000000	9,763	30 Sep 2025	Common Stock	80		Direct	F1, F2, F5
transaction	HI	Restricted Stock Units (Matching RSU Framework 03/31/2025)	Award	$0	+44	+0.83%	$0.000000	5,348	30 Sep 2025	Common Stock	44		Direct	F1, F2, F6

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit represents the contingent right to receive one share of the issuer's common stock.
F2	Restricted Stock Units are entitled to dividend equivalent rights which accrue on dividend record dates.
F3	Restricted Stock Units scheduled to vest one-third on 12/7/2023, one-third on 12/7/2024, and one-third on 12/7/2025.
F4	Restricted Stock Units scheduled to vest one-third on 12/7/2024, one-third on 12/7/2025, and one-third on 12/7/2026.
F5	Restricted Stock Units scheduled to vest one-third on 12/5/2025, one-third on 12/5/2026, and one-third on 12/5/2027.
F6	Represents Matching RSUs granted under the Company's Executive Share Match framework that will vest on March 31, 2028, and be settled in shares of the Company's common stock or cash to the extent the vesting conditions of the framework are satisfied.