Arora Aneesha 4

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).