Osama M. Musa - 19 Sep 2023 Form 4 Insider Report for ASHLAND INC. (ASH)

Role: Sr. Vice President
Signature: /s/ Robin E. Lampkin, Attoney-in-Fact
Issuer symbol: ASH
Transactions as of: 19 Sep 2023
Net transactions value: $0
Form type: 4
Filing time: 21 Sep 2023, 16:50:03 UTC
Previous filing: 12 Dec 2022
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
transaction	ASH	Restricted Stock Units	Award	$0	+9,694		$0.000000	9,694	19 Sep 2023	Common Stock	9,694	$0.000000	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 represents a right to receive one (1) share of Ashland Common Stock.
F2	Restricted Stock Units were granted on September 19, 2023, pursuant to Ashland's 2021 Omnibus Incentive Compensation Plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The Restricted Stock Units in this grant will vest in one installment three years from the date of grant on September 19, 2026, provided that the Reporting Person remains in continuous employment with the Issuer.

Content

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

Restricted Stock Units were granted on September 19, 2023, pursuant to Ashland's 2021 Omnibus Incentive Compensation Plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The Restricted Stock Units in this grant will vest in one installment three years from the date of grant on September 19, 2026, provided that the Reporting Person remains in continuous employment with the Issuer.