TEAL JANICE 4
4 · ASHLAND INC. · Filed Jan 26, 2023
Insider Transaction Report
Form 4
ASHLAND INC.ASH
TEAL JANICE
Director
Transactions
- Award
Restricted Stock Units
2023-01-24$109.85/sh+1,365$149,945→ 20,695 total→ Common Stock (1,365 underlying)
Footnotes (3)
- [F1]Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
- [F2]Grant of stock settled Restricted Stock Units granted under Ashland Omnibus Incentive Plan and deferred at the election of the reporting person under Ashland Inc. Independent Director Deferred Compensation Program dated November 17, 2022 until retirement from service as a director. The Restricted Stock Units will vest one year after date of grant. One (1) Restricted Stock Units in the Ashland Inc. Independent Director Deferred Compensation Program is the equivalent of one (1) share of Ashland Common Stock.
- [F3]Balance includes 65 additional Restricted Stock Units acquired in lieu of cash dividends paid on March 15, 2022, 61 additional Restricted Stock Units acquired in lieu of cash dividends paid on June 15, 2022, 64 additional Restricted Stock Units acquired in lieu of cash dividends paid on September 15, 2022 and 57 additional Restricted Stock Units acquired in lieu of cash dividends paid on December 15, 2022.