Aneesha Arora - 03 Jan 2025 Form 4 Insider Report for Hillenbrand, Inc. (HI)

Role: Sr. VP & Chief HR Officer
Signature: /s/ Veronica L. McCarthy, as Attorney-in-Fact for Aneesha Arora
Issuer symbol: HI
Transactions as of: 03 Jan 2025
Net transactions value: -$71,781
Form type: 4
Filing time: 07 Jan 2025, 16:03:12 UTC
Previous filing: 03 Jan 2025
Next filing: 18 Mar 2025
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	$0	+7,146	+7146%	$0.000000	7,246	03 Jan 2025	Direct	F1
transaction	HI	Common Stock	Tax liability	$71,781	-2,350	-32%	$30.54	4,896	03 Jan 2025	Direct
holding	HI	Common Stock						20,692	03 Jan 2025	By The Arora Revocable Trust

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 1/3/2022)	Options Exercise	$0	-7,146	-100%	$0.000000	0	03 Jan 2025	Common Stock	7,146		Direct	F1, F2, F3

* 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 50% on 1/3/2023, 30% on 1/3/2024 and 20% on 1/3/2025.