Eileen Drury - 17 Nov 2023 Form 4 Insider Report for ASHLAND INC. (ASH)

Role: Sr VP, Human Resources
Signature: Serena S. Kenost, Attorney-in-Fact
Issuer symbol: ASH
Transactions as of: 17 Nov 2023
Net transactions value: +$89,438
Form type: 4
Filing time: 21 Nov 2023, 21:22:18 UTC
Previous filing: 16 Nov 2023
Next filing: 15 Nov 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASH	Common Stock	Options Exercise	$37,296	+485	+15%	$76.90	3,780	17 Nov 2023	Direct
transaction	ASH	Common Stock	Tax liability	$18,379	-239	-6.3%	$76.90	3,541	17 Nov 2023	Direct	F1
transaction	ASH	Common Stock	Options Exercise	$41,603	+541	+15%	$76.90	4,082	17 Nov 2023	Direct
transaction	ASH	Common Stock	Tax liability	$20,532	-267	-6.5%	$76.90	3,815	17 Nov 2023	Direct	F1
transaction	ASH	Common Stock	Award	$55,368	+720	+19%	$76.90	4,535	17 Nov 2023	Direct
transaction	ASH	Common Stock	Tax liability	$27,300	-355	-7.8%	$76.90	4,180	17 Nov 2023	Direct	F2
transaction	ASH	Common Stock	Options Exercise	$42,293	+540	+13%	$78.32	4,720	18 Nov 2023	Direct
transaction	ASH	Common Stock	Tax liability	$20,911	-267	-5.7%	$78.32	4,453	18 Nov 2023	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	ASH	Restricted Stock Units	Options Exercise	$0	-485	-100%	$0.000000^*	0	17 Nov 2023	Common Stock	485		Direct	F3, F4
transaction	ASH	Restricted Stock Units	Options Exercise	$0	-541	-33%	$0.000000	1,081	17 Nov 2023	Common Stock	541		Direct	F3, F4
transaction	ASH	Restricted Stock Units	Options Exercise	$0	-540	-50%	$0.000000	539	18 Nov 2023	Common Stock	540		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	Payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units, acquired pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3.
F2	Payment of tax liability by withholding securities incident to the vesting of Performance Share Units, acquired pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3.
F3	Each Restricted Stock Unit represents a right to receive one (1) Restricted Stock Unit of Ashland Common Stock.
F4	Grant of Restricted Stock Units, pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The shares in this grant will vest in three equal annual installments beginning one year from the date of grant, provided that the Reporting Person remains in continuous employment with the Issuer.