ASHLAND INC. — Director's Dealing 2024

Sep 5, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASHLAND INC. (ASH)
CIK: 0001674862
Period of Report: 2024-09-03

Reporting Person: WILLIS J KEVIN (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2024-09-03	Common Stock	M	5487	$59.95	Acquired	22539	Direct
2024-09-04	Common Stock	S	5487	$87.88	Disposed	17052	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-09-03	Stock Appreciation Right	$59.95	M	24672	Disposed	2024-12-12	Common Stock (24672)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	226726	Indirect

Footnotes

F1: This transaction was effcted pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.

F2: Based on Employee Savings Plan information as of September 4, 2024.

F3: Stock Appreciation Rights previously granted to the reporting person on November 12, 2014, which became fully exercisable on November 12, 2015, and are scheduled to expire on December 12, 2024.