JAMES P. MINICUCCI - 08 May 2025 Form 4 Insider Report for ASHLAND INC. (ASH)

Signature
/s/ Serena S. Kenost, Attorney-in-Fact for James P. Minicucci
Issuer symbol
ASH
Transactions as of
08 May 2025
Transactions value $
$47,990
Form type
4
Filing time
12 May 2025, 16:30:07 UTC
Previous filing
18 Nov 2024
Next filing
17 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
MINICUCCI JAMES P. SVP and GM, Personal Care 8145 BLAZER DRIVE, WILMINGTON /s/ Serena S. Kenost, Attorney-in-Fact for James P. Minicucci 12 May 2025 0001989580

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASH Common Stock Options Exercise $69.7K +1.4K +79.53% $49.99 3.15K 08 May 2025 Direct
transaction ASH Common Stock Tax liability -$21.7K -435 -13.81% $49.99 2.71K 08 May 2025 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 -1.4K -25.01% $0.00 4.18K 08 May 2025 Common Stock 1.4K 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 represents a right to receive one (1) share of Ashland Common Stock.
F3 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.
F4 Balance includes additional restricted stock units acquired in lieu of cash dividends.