Janice Teal - Mar 31, 2023 Form 4 Insider Report for ASHLAND INC. (ASH)

Role
Director
Signature
/s/ Babatunde Awodiran, Attorney-in-Fact
Stock symbol
ASH
Transactions as of
Mar 31, 2023
Transactions value $
$28,759
Form type
4
Date filed
4/4/2023, 09:03 AM
Previous filing
Jan 26, 2023
Next filing
Aug 15, 2023

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 Common Stock Units Other $28.8K +280 +2.7% $102.71 10.7K Mar 31, 2023 Common Stock 280 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 1 for 1
F2 Common Stock Units acquired pursuant to Ashland's Deferred Compensation Plan for Non-Employee Directors (the "Plan") and exempt under Rule 16b-3. (One (1) Common Stock Unit in the Plan is the equivalent of one (1) share of Ashland Common Stock.)
F3 Subject to any deferral election on timing of distribution by the reporting person under the Plan, the Common Stock Units are payable in Common Stock upon the reporting person's separation from service as a director.