Min Chong - Jan 2, 2024 Form 4 Insider Report for ASHLAND INC. (ASH)

Role
SVP, Gen. Mgr.
Signature
Serena S. Kenost, Attorney-in-Fact
Stock symbol
ASH
Transactions as of
Jan 2, 2024
Transactions value $
$422,434
Form type
4
Date filed
1/4/2024, 06:01 PM
Previous filing
Nov 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASH Common Stock Options Exercise $578K +6.9K +87.34% $83.70 14.8K Jan 2, 2024 Direct
transaction ASH Common Stock Tax liability -$155K -1.85K -12.52% $83.70 12.9K Jan 2, 2024 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 +6.9K $0.00* 0 Jan 2, 2024 Common Stock 6.9K Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payment of a 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 Each Restricted Stock Unit (RSU) represents a right to receive one (1) share of Ashland Common Stock.
F3 Grant of Restricted Stock Units on January 2, 2020, pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3, which became fully vested in one installment four years following the grant date.