Janice Teal - Dec 29, 2023 Form 4 Insider Report for ASHLAND INC. (ASH)

Role
Director
Signature
/s/ Serena S. Kenost, Attorney-in-Fact
Stock symbol
ASH
Transactions as of
Dec 29, 2023
Transactions value $
$28,750
Form type
4
Date filed
1/3/2024, 07:44 PM
Previous filing
Oct 3, 2023
Next filing
Jan 25, 2024

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 Common Stock Units Award $28.7K +341 +2.61% $84.31 13.4K Dec 29, 2023 Common Stock 341 Direct F1, F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1 for 1
F2 Common Stock Units acquired pursuant to Ashland's Deferred Compensation Plan for Non-Employee Directors (the "Plan") and exempt under Rule 16b-3. (One (1) Common Stock Unit in the Plan is the equivalent of one (1) share of Ashland Common Stock.)
F3 Subject to any deferral election on timing of distribution by the reporting person under the Plan, the Common Stock Units are payable in Common Stock upon the reporting person's separation from service as a director.
F4 Balance includes additional Common Stock Units acquired in lieu of cash dividends.