Guillermo Novo - 17 Nov 2023 Form 4 Insider Report for ASHLAND INC. (ASH)

Role
Chair of the Board and CEO, Director
Signature
Serena S. Kenost, Attorney-in-Fact
Issuer symbol
ASH
Transactions as of
17 Nov 2023
Net transactions value
+$1,598,486
Form type
4
Filing time
22 Nov 2023, 06:30:04 UTC
Previous filing
16 Nov 2023
Next filing
13 Dec 2023
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 $621,660 +8,084 +9.3% $76.90 95,152 17 Nov 2023 Direct
transaction ASH Common Stock Tax liability $260,230 -3,384 -3.6% $76.90 91,768 17 Nov 2023 Direct F1
transaction ASH Common Stock Options Exercise $449,865 +5,850 +6.4% $76.90 97,618 17 Nov 2023 Direct
transaction ASH Common Stock Tax liability $188,328 -2,449 -2.5% $76.90 95,169 17 Nov 2023 Direct F1
transaction ASH Common Stock Award $924,492 +12,022 +13% $76.90 107,191 17 Nov 2023 Direct
transaction ASH Common Stock Tax liability $248,233 -3,228 -3% $76.90 103,963 17 Nov 2023 Direct F2
transaction ASH Common Stock Options Exercise $514,641 +6,571 +6.3% $78.32 110,534 18 Nov 2023 Direct
transaction ASH Common Stock Tax liability $215,380 -2,750 -2.5% $78.32 107,784 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 -8,084 -100% $0.000000* 0 17 Nov 2023 Common Stock 8,084 Direct F3, F4
transaction ASH Restricted Stock Units Options Exercise $0 -5,850 -33% $0.000000 11,699 17 Nov 2023 Common Stock 5,850 Direct F3, F4
transaction ASH Restricted Stock Units Options Exercise $0 -6,571 -50% $0.000000 6,569 18 Nov 2023 Common Stock 6,571 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.