Tozier Scott 4

What Happened
Scott Tozier, a member of Ashland Inc.'s board of directors, was granted 2,449 restricted stock units (RSUs) on January 20, 2026. The grant is recorded at $61.23 per share for a total value of $149,952. This is an award (derivative) grant rather than a market purchase or sale.

Key Details

• Transaction date: 2026-01-20; grant price used for reporting: $61.23; total value: $149,952. (Code: A — Award/Grant)
• Shares owned after the transaction: Not stated in the filing.
• Vesting and settlement: RSUs will vest one year after the grant date and are stock-settled (one RSU = one Ashland common share).
• Deferral: The RSUs are deferred under Ashland’s Deferred Compensation Plan for Non-Employee Directors and will be paid out at retirement from board service.
• Dividend equivalents: Balance includes additional RSUs acquired in lieu of cash dividends.
• Filing timeliness: Reported on 2026-01-21 for a 2026-01-20 transaction — appears timely.

Context
RSU grants are a form of compensation for directors and do not represent an immediate cash purchase or sale of shares. Because these units vest in the future and are deferred until retirement, they do not signal an immediate change in the insider’s ownership or a near-term disposition of shares.