MAIN SUE 4

What Happened Sue Main, a director of Ashland Inc. (ASH), received a grant of 2,449 restricted stock units (RSUs) on January 20, 2026. The grant is reported at a per-unit value of $61.23, for a total grant value of $149,952. This was an award/derivative transaction (RSUs), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-20; filing date: 2026-01-21 (timely filing).
• Award: 2,449 RSUs at $61.23 per RSU; total reported value $149,952.
• Transaction type: A (award/grant) — derivative (RSUs represent the right to receive one share each).
• Vesting/deferment: RSUs vest one year after the grant date. They are stock-settled and have been deferred under the Ashland Deferred Compensation Plan for Non-Employee Directors until the director’s retirement from service.
• Additional balance note: The reported RSU balance includes additional RSUs acquired in lieu of cash dividends.
• Shares owned after transaction: Not specified in the filing.

Context Restricted stock units are a form of equity compensation that convert into company shares (or share value) on vesting. This grant is routine director compensation and does not indicate an open-market purchase or sale by the insider. The filing documents (footnotes) clarify the RSUs’ deferral and dividend reinvestment mechanics.