Dago Caceres - 13 Nov 2025 Form 4 Insider Report for ASHLAND INC. (ASH)

Signature
/s/ Serena S. Kenost, Attorney-in-Fact for Dago Caceres
Issuer symbol
ASH
Transactions as of
13 Nov 2025
Net transactions value
+$28,196
Form type
4
Filing time
17 Nov 2025, 21:37:03 UTC
Previous filing
15 Nov 2024
Next filing
21 Nov 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Caceres Dago SVP & GM, Specialty Additives 8145 BLAZER DRIVE, WILMINGTON /s/ Serena S. Kenost, Attorney-in-Fact for Dago Caceres 17 Nov 2025 0002033093

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASH Common Stock Options Exercise $39,613 +746 $53.10 746 13 Nov 2025 Direct
transaction ASH Common Stock Tax liability $11,416 -215 -29% $53.10 531 13 Nov 2025 Direct F1

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 Unit Options Exercise $0 -746 -33% $0.000000 1,494 13 Nov 2025 Common Stock 746 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units acquired pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3.
F2 Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
F3 Grant of Restricted Stock Units pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The shares in this grant vest in three equal installments beginning one year from the date of grant, provided that the Reporting Person remains in continuous employment with the Issuer.
F4 Balance includes additional restricted stock units acquired in lieu of cash dividends.