Peribere Jerome A 4
Research Summary
AI-generated summary
Ashland (ASH) Director Jerome Peribere Receives RSU Award
What Happened
Jerome A. Peribere, a director of Ashland Inc., was granted 2,449 Restricted Stock Units (RSUs) on 2026-01-20 at a grant value of $61.23 per RSU, totaling $149,952. This transaction is an award/derivative grant (reported as type "A") rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-20; Filing date: 2026-01-21 (timely).
- Award: 2,449 RSUs at $61.23 per RSU; total grant value $149,952.
- Transaction type: Stock-settled Restricted Stock Units (derivative award).
- Vesting and deferral: RSUs will vest one year after the grant date and are deferred at the reporting person's election under Ashland’s Deferred Compensation Plan for Non-Employee Directors until retirement (per filing footnotes).
- RSU mechanics: Each RSU represents the right to receive one share of Ashland common stock (footnote).
- Shares owned after transaction: Not specified in the Form 4 filing.
- Additional note: Balance referenced in filing includes RSUs acquired in lieu of cash dividends.
Context
RSU awards to non-employee directors are a common form of compensation and represent a future right to shares once vested/settled; they are not immediate open-market purchases and do not by themselves indicate the insider’s market sentiment. These RSUs are stock-settled and deferred until retirement unless otherwise settled per plan terms.