Bishop Steven D 4

What Happened

• Steven D. Bishop, a director of Ashland Inc. (ASH), received a grant of 2,449 Restricted Stock Units (RSUs) on January 20, 2026. The filing reports a per-share value of $61.23, for a total reported value of $149,952. This was an award (derivative grant), not an open‑market purchase or sale.

Key Details

• Transaction date and terms: 2026-01-20; 2,449 RSUs valued at $61.23 each (total $149,952).
• Vesting and settlement: RSUs will vest one year after the grant date and are stock‑settled (each RSU = one share upon settlement). The RSUs were granted under the Ashland Inc. Omnibus Incentive Plan.
• Deferral: The RSUs are deferred at the reporting person’s election under the Ashland Deferred Compensation Plan for Non‑Employee Directors and will be paid out upon retirement from director service.
• Dividend crediting: The reported balance includes additional RSUs acquired in lieu of cash dividends.
• Ownership after transaction: The filing does not state the total number of Ashland shares or RSUs Bishop owns after this grant.
• Filing timeliness: Reported on Form 4 filed 2026-01-21 for a 2026-01-20 grant (timely filing).

Context

• RSU grants to non‑employee directors are a common form of compensation and do not represent an immediate purchase or sale of stock. These units convert to shares only after vesting and any applicable deferral/retirement conditions are met. This transaction is informational about compensation and not a direct market signal like an open‑market buy or sell.