Guillermo Novo - Nov 18, 2024 Form 4 Insider Report for ASHLAND INC. (ASH)

Role
Chair of the Board and CEO, Director
Signature
/s/ Serena S. Kenost, Attorney-in-fact for Guillermo Novo
Stock symbol
ASH
Transactions as of
Nov 18, 2024
Transactions value $
$566,016
Form type
4
Date filed
11/19/2024, 04:42 PM
Previous filing
Nov 18, 2024
Next filing
Nov 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASH Common Stock Options Exercise $515K +6.69K +5.92% $77.03 120K Nov 18, 2024 Direct
transaction ASH Common Stock Tax liability -$216K -2.8K -2.34% $77.03 117K Nov 18, 2024 Direct F1
transaction ASH Common Stock Options Exercise $459K +5.95K +5.1% $77.03 123K Nov 18, 2024 Direct
transaction ASH Common Stock Tax liability -$192K -2.49K -2.03% $77.03 120K Nov 18, 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 Unit Options Exercise $0 -6.89K -100% $0.00 0 Nov 18, 2024 Common Stock 6.89K Direct F2, F3
transaction ASH Restricted Stock Unit Options Exercise $0 -5.95K -50% $0.00 5.95K Nov 18, 2024 Common Stock 5.95K Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Each Restricted Stock Unit (RSU) represents a right to receive one (1) share of Ashland common stock upon vesting.
F3 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.
F4 Balance includes additional Common Stock Units acquired in lieu of cash dividends.