J. Kevin Willis - Sep 3, 2024 Form 4 Insider Report for ASHLAND INC. (ASH)

Role
SVP and CFO
Signature
/s/ Serena S. Kenost, Attorney-in-Fact for J. Kevin Willis
Stock symbol
ASH
Transactions as of
Sep 3, 2024
Transactions value $
-$153,252
Form type
4
Date filed
9/5/2024, 04:30 PM
Previous filing
Nov 21, 2023
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 $329K +5.49K +32.18% $59.95 22.5K Sep 3, 2024 Direct
transaction ASH Common Stock Sale -$482K -5.49K -24.34% $87.88 17.1K Sep 4, 2024 Direct F1
holding ASH Common Stock 227K Sep 3, 2024 By 401(k) Plan 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 Stock Appreciation Right Options Exercise $0 -24.7K -100% $0.00 0 Sep 3, 2024 Common Stock 24.7K $59.95 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 This transaction was effcted pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2 Based on Employee Savings Plan information as of September 4, 2024.
F3 Stock Appreciation Rights previously granted to the reporting person on November 12, 2014, which became fully exercisable on November 12, 2015, and are scheduled to expire on December 12, 2024.