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ASHLAND INC. — Director's Dealing 2025
Nov 21, 2025
31616_dirs_2025-11-21_90c0675e-2958-467e-916b-78a5a375c60e.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ASHLAND INC. (ASH)
CIK: 0001674862
Period of Report: 2025-11-19
Reporting Person: WHITAKER WILLIAM (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-11-19 | Restricted Stock Units | $ | A | 10280 | Acquired | Common Stock (10280) | Direct | |
| 2025-11-19 | Stock Appreciation Rights | $50.58 | A | 23131 | Acquired | 2035-11-19 | Common Stock (23131) | Direct |
Footnotes
F1: Each Restricted Stock Unit (RSU) represents a right to receive one (1) share of ASH Common Stock.
F2: Grant of Restricted Stock Units on November 19, 2025, 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.
F3: Stock Appreciation Rights (SARs) granted under the Ashland Inc. 2021 Omnibus Incentive Compensation Plan.
F4: SARs become exercisable ratably over three years beginning on the first anniversary from the date of grant.