Arora Aneesha 4
4 · Hillenbrand, Inc. · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Hillenbrand (HI) Sr. VP Aneesha Arora Receives ~$4.09M Cash for RSUs
What Happened
Aneesha Arora, Senior Vice President & Chief Human Resources Officer of Hillenbrand, reported multiple equity settlements on Feb 10, 2026 tied to the company’s merger. Various restricted stock units and share interests were cancelled/settled with Hillenbrand in exchange for $32.00 per share (the Merger Consideration). The filing shows transactions affecting 127,899 shares/units (35,711; 23,512; 16,125; and a derivative settlement of 52,551), for an aggregate cash consideration of approximately $4,092,768 before any required tax withholdings.
Key Details
- Transaction date: February 10, 2026 (Effective Time of the Merger).
- Price per share: $32.00 (Merger Consideration).
- Shares/units affected (per Form 4): 35,711 (A and D), 23,512 (D), 16,125 (D), 52,551 (D, derivative) — total 127,899 units converted/cancelled.
- Approximate gross cash received: 127,899 × $32.00 = $4,092,768 (actual cash paid is net of any required withholding taxes).
- Footnotes: Transactions arise from the Merger Agreement (Oct 14, 2025). Time- and performance-based RSUs and time-vesting RSUs were cancelled and converted into cash per the merger terms (see F1–F3).
- Filing timeliness: Reported for the same date as the transactions (no late filing indicated).
Context
- These were not open-market sales or exercises but cash settlements tied to the company being acquired. Under the merger, outstanding common shares and RSUs were converted into the right to receive cash at $32.00/share.
- Because proceeds are paid as part of a corporate transaction and subject to withholding, these entries do not necessarily reflect the insider taking a market view (they reflect contractual settlement terms).
Insider Transaction Report
Form 4Exit
Arora Aneesha
Sr. VP & Chief HR Officer
Transactions
- Disposition to Issuer
Common Stock
[F2]2026-02-10−35,711→ 0 total - Disposition to Issuer
Common Stock
[F1]2026-02-10−23,512→ 0 total - Disposition to Issuer
Common Stock
[F1]2026-02-10−16,125→ 0 total(indirect: By Trust) - Award
Common Stock
[F2]2026-02-10+35,711→ 35,711 total - Disposition to Issuer
Restricted Stock Units
[F3]2026-02-10−52,551→ 0 total→ Common Stock (52,551 underlying)
Footnotes (3)
- [F1]On February 10, 2026, pursuant to the terms of that certain Agreement and Plan of Merger (the "Merger Agreement"), dated as of October 14, 2025, by and among Hillenbrand, Inc., an Indiana corporation (the "Issuer"), LSF12 Helix Parent, LLC, a Delaware limited liability company ("Parent"), and LSF12 Helix Merger Sub, Inc., an Indiana corporation and a wholly owned subsidiary of Parent ("Merger Sub"), Merger Sub merged with and into the Issuer (the "Merger"), with the Issuer surviving the Merger as a wholly owned subsidiary of Parent. At the effective time of the Merger (the "Effective Time"), on the terms and subject to the conditions set forth in the Merger Agreement, each share of the Issuer's common stock, without par value ("Common Stock"), issued and outstanding immediately prior to such time, with certain exceptions, was converted into the right to receive $32.00 in cash (the "Merger Consideration"), without interest.
- [F2]Subject to certain exceptions, at the Effective Time, each restricted stock unit subject to both time- and performance-based vesting conditions (each, a "Company Performance-Based Restricted Stock Unit") outstanding pursuant to an Issuer equity incentive or deferred compensation plan immediately prior to the Effective Time, whether vested or unvested, was cancelled in consideration for the right to receive a cash payment equal to the product of (i) the number of shares of Common Stock subject to such Company Performance-Based Restricted Stock Unit (with such number of shares calculated assuming achievement of the applicable performance-based vesting conditions at the greater of target and the actual level of performance) measured through the date immediately prior to the Effective Time and (ii) the Merger Consideration, less any required withholding taxes.
- [F3]Each restricted stock unit represents the contingent right to receive one share of the Common Stock. At the Effective Time, each time-vesting restricted stock unit and each vested deferred share granted or deemed purchased pursuant to an Issuer equity incentive or deferred compensation plan (each, a "Company Restricted Stock Unit") outstanding immediately prior to the Effective Time, whether vested or unvested, was cancelled in consideration for the right to receive a cash payment equal to the product of (i) the number of shares of Common Stock subject to such Company Restricted Stock Unit and (ii) the Merger Consideration, less any required withholding taxes.
Signature
/s/ Allison A. Westfall as Attorney-in-Fact for Aneesha Arora|2026-02-10