Karl R. Bostaph - 17 Nov 2023 Form 4 Insider Report for ASHLAND INC. (ASH)

Role: SVP, OPERATIONS
Signature: Serena S. Kenost, Attorney-in-Fact
Issuer symbol: ASH
Transactions as of: 17 Nov 2023
Net transactions value: +$73,809
Form type: 4
Filing time: 27 Nov 2023, 11:45:51 UTC
Previous filing: 16 Nov 2023
Next filing: 15 Nov 2024
SEC: View on sec.gov

This filing has been restated, see here for the amended filing

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ASH	Common Stock	Options Exercise	$21,378	+278	+5.7%	$76.90	5,144	17 Nov 2023	Direct	F1
transaction	ASH	Common Stock	Tax liability	$8,228	-107	-2.1%	$76.90	5,037	17 Nov 2023	Direct	F1, F2
transaction	ASH	Common Stock	Options Exercise	$29,068	+378	+7.5%	$76.90	5,415	17 Nov 2023	Direct	F1
transaction	ASH	Common Stock	Tax liability	$11,227	-146	-2.7%	$76.90	5,269	17 Nov 2023	Direct	F1, F2
transaction	ASH	Common Stock	Award	$31,683	+412	+8.5%	$76.90	5,278	17 Nov 2023	Direct	F1
transaction	ASH	Common Stock	Tax liability	$769	-10	-0.19%	$76.90	5,268	17 Nov 2023	Direct	F1, F3
transaction	ASH	Common Stock	Options Exercise	$19,345	+247	+4.7%	$78.32	5,516	18 Nov 2023	Direct	F1
transaction	ASH	Common Stock	Tax liability	$7,440	-95	-1.7%	$78.32	5,421	18 Nov 2023	Direct	F1, F2

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	-278	-100%	$0.000000^*	0	17 Nov 2023	Common Stock	278		Direct	F4, F5
transaction	ASH	Restricted Stock Units	Options Exercise	$0	-378	-33%	$0.000000	758	17 Nov 2023	Common Stock	378		Direct	F4, F5
transaction	ASH	Restricted Stock Units	Options Exercise	$0	-247	-50%	$0.000000	248	18 Nov 2023	Common Stock	247		Direct	F4, F5

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

Explanation of Responses:

Id	Content
F1	Due to a delay in the receipt of information from the third party administrator, these transactions are being reported late.
F2	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.
F3	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.
F4	Each Restricted Stock Unit represents a right to receive one (1) Restricted Stock Unit of Ashland Common Stock.
F5	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.