NOVO GUILLERMO 4
4 · ASHLAND INC. · Filed Nov 21, 2025
Insider Transaction Report
Form 4
ASHLAND INC.ASH
NOVO GUILLERMO
DirectorChair of the Board and CEO
Transactions
- Award
Restricted Stock Units
2025-11-19+43,495→ 43,495 total→ Common Stock (43,495 underlying) - Award
Stock Appreciation Rights
2025-11-19+97,864→ 97,864 totalExercise: $50.58Exp: 2035-11-19→ Common Stock (97,864 underlying)
Footnotes (4)
- [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.