Kimberly K. Ryan - 04 Dec 2024 Form 4 Insider Report for Hillenbrand, Inc. (HI)

Role: President & CEO
Signature: /s/ Veronica L. McCarthy, Attorney-in-Fact for Kimberly K. Ryan
Issuer symbol: HI
Transactions as of: 04 Dec 2024
Net transactions value: +$639,410
Form type: 4
Filing time: 06 Dec 2024, 16:09:33 UTC
Previous filing: 04 Dec 2024
Next filing: 10 Dec 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HI	Common Stock	Options Exercise	$639,410	+18,658	+13%	$34.27	160,002	04 Dec 2024	Direct	F1

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 12/5/2024)	Award	$0	+50,572		$0.000000	50,572	05 Dec 2024	Common Stock	50,572		Direct	F2, F3, F4

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

Explanation of Responses:

Id	Content
F1	Consists of shares issued upon vesting of performance-based restricted stock units.
F2	Each Restricted Stock Unit represents the contingent right to receive one share of the issuer's common stock.
F3	Restricted Stock Units are entitled to dividend equivalent rights which accrue on dividend record dates.
F4	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.