Janice Teal - Sep 29, 2023 Form 4 Insider Report for ASHLAND INC. (ASH)

Role
Director
Signature
/s/ Serena S. Kenost, Attorney-in-Fact
Stock symbol
ASH
Transactions as of
Sep 29, 2023
Transactions value $
$28,751
Form type
4
Date filed
10/3/2023, 05:02 PM
Previous filing
Sep 19, 2023
Next filing
Jan 3, 2024

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 Award $28.8K +352 +2.78% $81.68 13K Sep 29, 2023 Common Stock 352 Direct F1, F2, F3, F4
* 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.
F4 Balance in this column includes dividends reported on a Form 4 filed with the Securities & Exchange Commission on September 19, 2023, which were inadvertently reported as a deferral of director's fees.