Robin E. Lampkin - Nov 14, 2024 Form 4 Insider Report for ASHLAND INC. (ASH)

Role
SVP, Gen Counsel and Secrty.
Signature
/s/ Serena S. Kenost, Attorney-in-fact for Robin E. Lampkin
Stock symbol
ASH
Transactions as of
Nov 14, 2024
Transactions value $
$130
Form type
4
Date filed
11/18/2024, 05:33 PM
Previous filing
Nov 15, 2024
Next filing
Nov 19, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASH Common Stock Options Exercise $96.6K +1.24K +42.94% $78.05 4.12K Nov 14, 2024 Direct
transaction ASH Common Stock Tax liability -$28.9K -370 -8.98% $78.05 3.75K Nov 14, 2024 Direct F1
transaction ASH Common Stock Sale -$67.6K -868 -23.14% $77.90 2.88K Nov 15, 2024 Direct F2
holding ASH Common Stock 830 Nov 14, 2024 By 401(k) Plan 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 Unit Options Exercise $0 -1.24K -33.3% $0.00 2.48K Nov 14, 2024 Common Stock 1.24K Direct F4, F5, F6
* 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 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 This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 12, 2024.
F3 Based on Employee Savings Plan information as of November 15, 2024.
F4 Each Restricted Stock Unit (RSU) represents a right to receive one (1) share of Ashland Common Stock upon vesting.
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 vest in three equal installments beginning one year from the date of grant, provided that the Reporting Person remains in continuous employment with the issuer.
F6 Balance includes additional Common Stock Units acquired in lieu of cash dividends.