NOVO GUILLERMO 4

What Happened
Guillermo Novo, Chair of the Board and CEO of Ashland Inc. (ASH), was granted 32,096 restricted stock units (RSUs) on February 6, 2026. The award is reported at $0.00 per unit (derivative grant); each RSU represents a right to receive one share of ASH common stock upon settlement. The RSUs vest on December 31, 2028, provided Novo remains in continuous employment.

Key Details

• Transaction date: February 6, 2026; Form 4 filed February 10, 2026 (timely filed).
• Grant: 32,096 RSUs reported at $0.00 (derivative award).
• Vesting: December 31, 2028, contingent on continuous employment (per footnote).
• Plan/legal: Award made under Ashland’s incentive plan and exempt under Rule 16b-3.
• Shares owned after transaction: Not specified in the provided filing.
• Filing timeliness: Filing date matches the Form 4; this appears to meet the SEC 2-business-day reporting requirement.

Context
RSUs are compensation awards that convert into common shares (or cash equal to the share value) when they vest; they are not an open‑market purchase or sale and do not signal an immediate buy/sell decision. The economic value of this grant will depend on Ashland’s stock price at settlement/vesting. This is a routine equity compensation grant to an executive, disclosed under insider reporting rules.