ASHLAND INC. — Director's Dealing 2023

Sep 21, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASHLAND INC. (ASH)
CIK: 0001674862
Period of Report: 2023-09-19

Reporting Person: MUSA OSAMA M (Sr. Vice President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-09-19	Restricted Stock Units	$0	A	9694	Acquired		Common Stock (9694)	Direct

Footnotes

F1: Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.

F2: Restricted Stock Units were granted on September 19, 2023, pursuant to Ashland's 2021 Omnibus Incentive Compensation Plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The Restricted Stock Units in this grant will vest in one installment three years from the date of grant on September 19, 2026, provided that the Reporting Person remains in continuous employment with the Issuer.