SUE MAIN - 23 Jan 2024 Form 4 Insider Report for ASHLAND INC. (ASH)

Role
Director
Signature
/s/ Serena S. Kenost, Attorney-in-Fact
Issuer symbol
ASH
Transactions as of
23 Jan 2024
Transactions value $
$149,958
Form type
4
Filing time
25 Jan 2024, 17:37:02 UTC
Previous filing
13 Dec 2023
Next filing
10 Jun 2024
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 $150K +1.9K +20.03% $79.05 11.4K 23 Jan 2024 Common Stock 1.9K Direct F1, F2, 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 (RSU) represents a right to receive one (1) share of Ashland Common Stock.
F2 Grant of stock-settled Restricted Stock Units granted under the Ashland Inc. Omnibus Incentive Plan. The Restricted Stock Units are deferred at the election of the Reporting Person under the Ashland Inc. Deferred Compensation Plan for Non-Employee Directors until retirement from service as a director. The Restricted Stock Units will vest one year after the grant date. One (1) Restricted Stock Unit in the Ashland Inc. Deferred Compensation Plan for Non-Employee Directors is the equivalent of one (1) share of Ashland Common Stock.
F3 Balance includes additional Restricted Stock Units acquired in lieu of cash dividends.