JAMES P. MINICUCCI - 13 Nov 2025 Form 4 Insider Report for ASHLAND INC. (ASH)

Role
SVP and GM, Personal Care
Signature
/s/ Serena S. Kenost, Attorney-in-Fact for James P. Minicucci
Issuer symbol
ASH
Transactions as of
13 Nov 2025
Transactions value $
$80,595
Form type
4
Filing time
17 Nov 2025, 21:38:16 UTC
Previous filing
12 May 2025
Next filing
21 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
MINICUCCI JAMES P. SVP and GM, Personal Care 8145 BLAZER DRIVE, WILMINGTON /s/ Serena S. Kenost, Attorney-in-Fact for James P. Minicucci 17 Nov 2025 0001989580

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASH Common Stock Options Exercise $54.2K +1.02K +37.58% $53.10 3.73K 13 Nov 2025 Direct
transaction ASH Common Stock Tax liability -$16.9K -319 -8.54% $53.10 3.42K 13 Nov 2025 Direct F1
transaction ASH Common Stock Options Exercise $63.1K +1.23K +35.87% $51.51 4.64K 14 Nov 2025 Direct
transaction ASH Common Stock Tax liability -$19.7K -383 -8.25% $51.51 4.26K 14 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 -1.02K -33.31% $0.00 2.04K 13 Nov 2025 Common Stock 1.02K Direct F2, F3, F4
transaction ASH Restricted Stock Unit Options Exercise $0 -1.23K -50% $0.00 1.23K 14 Nov 2025 Common Stock 1.23K 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 a 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 upon vesting.
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 Common Stock Units acquired in lieu of cash dividends.