James P. Minicucci - May 8, 2024 Form 4 Insider Report for ASHLAND INC. (ASH)

Signature
/s/ Serena S. Kenost, Attorney-in-Fact for James P. Minicucci
Stock symbol
ASH
Transactions as of
May 8, 2024
Transactions value $
$91,316
Form type
4
Date filed
5/20/2024, 04:15 PM
Previous filing
Nov 16, 2023
Next filing
Nov 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASH Common Stock Options Exercise $133K +1.36K $97.56 1.36K May 8, 2024 Direct F1, F2
transaction ASH Common Stock Tax liability -$41.8K -428 -31.38% $97.56 936 May 8, 2024 Direct F1, F2, F3

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 -1.36K -19.98% $0.00 5.46K May 8, 2024 Common Stock 1.36K Direct F2, 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 Balance includes additional restricted stock units acquired in lieu of cash dividends.
F3 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.
F4 Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
F5 On May 18, 2023, the Reporting Person was granted 6,708 restricted stock units, vesting over a three-year period, with 20% vesting on May 8, 2024, 20% vesting on May 8, 2025, and 60% vesting on May 8, 2026, provided that the Reporting Person remains in continuous employment with the Issuer.