ASHLAND INC. — Director's Dealing 2023

Aug 16, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASHLAND INC. (ASH)
CIK: 0001674862
Period of Report: 2023-08-11

Reporting Person: LAMPKIN ROBIN E. (SVP, Gen. Counsel & Secretary)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-08-11	Restricted Stock Units	$	A	1862	Acquired		Common Stock (1862)	Direct

Footnotes

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

F2: Grant of Restricted Stock Units on August 11, 2023, pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The Restricted Stock Units vested in one installment three years on August 11, 2026, provided that the reporting person remains in continuous employment with the issuer.