James P. Minicucci - 11 Aug 2023 Form 3 Insider Report for ASHLAND INC. (ASH)

Role: SVP Strategy, M&A & Portfolio
Signature: /s/ Serena S. Kenost, Attorney-in-Fact
Issuer symbol: ASH
Transactions as of: 11 Aug 2023
Net transactions value: $0
Form type: 3
Filing time: 15 Aug 2023, 18:53:30 UTC
Next filing: 16 Nov 2023
SEC: View on sec.gov

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
holding	ASH	Restricted Stock Units							11 Aug 2023	Common Stock	6,738		Direct	F1, F2

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

Explanation of Responses:

Id	Content
F1	Grant of Restricted Stock Units on May 18, 2023, pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The Restricted Stock Units vest in three annual installments. The first installment (1347) vests on May 8, 2024, the second installment (1348) vests on May 8, 2025, and the third installment (4043) vests on May 8, 2026, provided that the Reporting Person remains in continuous employment with the issuer.
F2	Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.

Content

Grant of Restricted Stock Units on May 18, 2023, pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The Restricted Stock Units vest in three annual installments. The first installment (1347) vests on May 8, 2024, the second installment (1348) vests on May 8, 2025, and the third installment (4043) vests on May 8, 2026, provided that the Reporting Person remains in continuous employment with the issuer.

Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.