Eileen Drury - 19 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
19 Nov 2025
Net transactions value
$0
Form type
4
Filing time
21 Nov 2025, 16:30:04 UTC
Previous 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 21 Nov 2025 0001896343

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 Units Award $0 +3,954 $0.000000 3,954 19 Nov 2025 Common Stock 3,954 Direct F1, F2
transaction ASH Stock Appreciation Rights Award $0 +8,897 $0.000000 8,897 19 Nov 2025 Common Stock 8,897 $50.58 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.