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

Role
Chair of the Board and CEO, Director
Signature
Serena S. Kenost, Attorney-in-Fact
Stock symbol
ASH
Transactions as of
Nov 17, 2023
Transactions value $
$1,598,486
Form type
4
Date filed
11/22/2023, 06:30 AM
Previous filing
Nov 16, 2023
Next filing
Dec 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASH Common Stock Options Exercise $622K +8.08K +9.28% $76.90 95.2K Nov 17, 2023 Direct
transaction ASH Common Stock Tax liability -$260K -3.38K -3.56% $76.90 91.8K Nov 17, 2023 Direct F1
transaction ASH Common Stock Options Exercise $450K +5.85K +6.37% $76.90 97.6K Nov 17, 2023 Direct
transaction ASH Common Stock Tax liability -$188K -2.45K -2.51% $76.90 95.2K Nov 17, 2023 Direct F1
transaction ASH Common Stock Award $924K +12K +12.63% $76.90 107K Nov 17, 2023 Direct
transaction ASH Common Stock Tax liability -$248K -3.23K -3.01% $76.90 104K Nov 17, 2023 Direct F2
transaction ASH Common Stock Options Exercise $515K +6.57K +6.32% $78.32 111K Nov 18, 2023 Direct
transaction ASH Common Stock Tax liability -$215K -2.75K -2.49% $78.32 108K Nov 18, 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 -8.08K -100% $0.00* 0 Nov 17, 2023 Common Stock 8.08K Direct F3, F4
transaction ASH Restricted Stock Units Options Exercise $0 -5.85K -33.34% $0.00 11.7K Nov 17, 2023 Common Stock 5.85K Direct F3, F4
transaction ASH Restricted Stock Units Options Exercise $0 -6.57K -50.01% $0.00 6.57K Nov 18, 2023 Common Stock 6.57K 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.