Eileen Drury - 13 Nov 2025 Form 4 Insider Report for ASHLAND INC. (ASH)

Role
SVP and Chief HRO
Signature
/s/ Serena S. Kenost, Attorney-in-fact for Eileen Drury
Issuer symbol
ASH
Transactions as of
13 Nov 2025
Net transactions value
+$60,333
Form type
4
Filing time
17 Nov 2025, 21:38:53 UTC
Previous filing
20 Nov 2024
Next filing
19 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Drury Eileen SVP and Chief HRO 8145 BLAZER DRIVE, WILMINGTON /s/ Serena S. Kenost, Attorney-in-fact for Eileen Drury 17 Nov 2025 0001896343

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ASH Common Stock Options Exercise $45,825 +863 +14% $53.10 7,020 13 Nov 2025 Direct
transaction ASH Common Stock Tax liability $21,240 -400 -5.7% $53.10 6,620 13 Nov 2025 Direct F1
transaction ASH Common Stock Options Exercise $66,808 +1,297 +20% $51.51 7,917 14 Nov 2025 Direct
transaction ASH Common Stock Tax liability $31,061 -603 -7.6% $51.51 7,314 14 Nov 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ASH Restricted Stock Unit Options Exercise $0 -863 -33% $0.000000 1,728 13 Nov 2025 Common Stock 863 Direct F2, F3, F4
transaction ASH Restricted Stock Unit Options Exercise $0 -1,297 -50% $0.000000 1,296 14 Nov 2025 Common Stock 1,297 Direct F2, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payment of a tax liability by withholding securities incident to the vesting of Restricted Stock Units acquired pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3.
F2 Each Restricted Stock Unit (RSU) represents a right to receive one (1) share of Ashland common stock upon vesting.
F3 Grant of Restricted Stock Units 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.
F4 Balance includes additional Common Stock Units acquired in lieu of cash dividends.