ASHLAND INC. — Director's Dealing 2026

Feb 10, 2026

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ASHLAND INC. (ASH)
CIK: 0001674862
Period of Report: 2026-02-06

Reporting Person: NOVO GUILLERMO (N/A)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2026-02-06	Restricted Stock Units	$	A	32096	Acquired		Common Stock (32096)	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 February 6, 2026, pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The shares in this grant vest on December 31, 2028, provided that the Reporting Person remains in continuous employment with the issuer.