WILLIAM WHITAKER - 18 Jul 2025 Form 4 Insider Report for ASHLAND INC. (ASH)

Role: SVP, CFO & PFO
Signature: /s/ Serena S. Kenost, Attorney-in-fact for William Whitaker
Issuer symbol: ASH
Transactions as of: 18 Jul 2025
Net transactions value: +$439,965
Form type: 4
Filing time: 22 Jul 2025, 16:30:07 UTC
Previous filing: 19 May 2025
Next filing: 17 Nov 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
WHITAKER WILLIAM	SVP, CFO & PFO	8145 BLAZER DRIVE, WILMINGTON	/s/ Serena S. Kenost, Attorney-in-fact for William Whitaker	22 Jul 2025	0002069120

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	Award	$439,965	+8,620		$51.04	8,620	18 Jul 2025	Common Stock	8,620		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each Restricted Stock Unit (RSU) represents a right to receive one (1) share of ASH Common Stock.
F2	The RSUs in this grant will vest in three equal annual installments beginning November 20, 2026, provided that the Reporting Person remains in continuous employment with the Issuer.