Guillermo Novo - Nov 14, 2023 Form 4 Insider Report for ASHLAND INC. (ASH)

Role
Chair of the Board and CEO, Director
Signature
/s/ Serena S. Kenost, Attorney-in-Fact
Stock symbol
ASH
Transactions as of
Nov 14, 2023
Transactions value $
$0
Form type
4
Date filed
11/16/2023, 07:34 PM
Previous filing
Oct 3, 2023
Next filing
Nov 22, 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 Restricted Stock Units Award $0 +26.3K $0.00 26.3K Nov 14, 2023 Common Stock 26.3K Direct F1, F2
transaction ASH Restricted Stock Units Award $0 +5.25K $0.00 5.25K Nov 14, 2023 Common Stock 5.25K Direct F1, F3
* 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) Restricted Stock Unit of Ashland Common Stock.
F2 Grant of Restricted Stock Units, pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The Restricted Stock Units in this grant will vest in three equal annual installments beginning one year from the date of grant, provided that the Reporting Person remains in continuous employment with the Issuer.
F3 Grant of Restricted Stock Units on November 14, 2023, pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The Restricted Stock Units in this grant will fully vest on December 31, 2026, provided that the Reporting Person remains in continuous employment with the Issuer.