Bishop Steven D 4

What Happened Steven D. Bishop, a director of Ashland Inc. (ASH), was granted/received 450 Common Stock Units on 2026-03-31 at a reported value of $55.61 per unit, totaling about $25,025. The transaction is listed as an award/acquisition (derivative Common Stock Units) under Ashland's Deferred Compensation Plan for Non-Employee Directors.

Key Details

• Transaction date: 2026-03-31; Transaction type/code: Award/Acquisition (A).
• Price/value: $55.61 per unit; total reported value ≈ $25,025.
• Instrument: Common Stock Units (derivative), each unit equals one share of Ashland common stock (F1, F2).
• Payout timing: Units are payable in common stock upon the director's separation from service, subject to any deferral elections (F3).
• Balance/ownership after transaction: not specified in the information provided; filing notes balance includes units acquired in lieu of dividends (F4).
• Filing timeliness: Report filed 2026-04-01 for a 2026-03-31 transaction — appears timely (no late filing indicated).

Context These Common Stock Units are a form of deferred compensation for non-employee directors and represent a right to receive shares later, not an immediate open-market purchase. Such awards are common as director pay and do not by themselves indicate an immediate market sentiment or trading intent. The grant is exempt under Rule 16b-3 (see footnotes).