Osama M. Musa - Nov 17, 2025 Form 4 Insider Report for ASHLAND INC. (ASH)

Role
SVP and CTO
Signature
/s/ Serena S. Kenost, Attorney-in-fact for Osama M. Musa
Stock symbol
ASH
Transactions as of
Nov 17, 2025
Transactions value $
$31,794
Form type
4
Date filed
11/19/2025, 04:30 PM
Previous filing
Nov 19, 2025
Next filing
Nov 21, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
MUSA OSAMA M SVP and CTO 8145 BLAZER DRIVE, WILMINGTON /s/ Serena S. Kenost, Attorney-in-fact for Osama M. Musa 2025-11-19 0001759443

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASH Common Stock Options Exercise $48.4K +976 +3.38% $49.60 29.9K Nov 17, 2025 Direct
transaction ASH Common Stock Tax liability -$16.6K -335 -1.12% $49.60 29.5K Nov 17, 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 -976 -100% $0.00 0 Nov 17, 2025 Common Stock 976 Direct F2, F3
* 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 (RSU) 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.