Bishop Steven D 4

What Happened
Steven D. Bishop, a member of the Ashland Inc. board of directors, was credited with 379 Common Stock Units under Ashland’s Deferred Compensation Plan for Non-Employee Directors on June 30, 2026. The filing lists a per-unit value of $65.89 for a total value of approximately $24,972. These are derivative Common Stock Units (not immediate share issuances) that are payable in Ashland common stock when the director separates from service.

Key Details

• Transaction date: 2026-06-30; Filing date: 2026-07-01 (filed timely).
• Transaction type/code: A — Award/acquisition of Common Stock Units.
• Units awarded: 379 at $65.89/unit; reported aggregate value ≈ $24,972.
• Shares/units owned after transaction: Not specified in this filing.
• Footnotes:
  • F1: 1-for-1 mapping (one Common Stock Unit = one share).
  • F2: Units were granted under the Deferred Compensation Plan for Non-Employee Directors and are exempt under Rule 16b-3.
  • F3: Units are payable in common stock upon the reporting person’s separation from service (subject to any deferral election).
  • F4: Balance may include additional units acquired in lieu of cash dividends.

Context
Common Stock Units are a deferred compensation vehicle for non-employee directors and are not the same as immediate open-market purchases. They convert to actual shares (or equivalent) upon separation from service and often include dividend-equivalent accruals; such grants are typically routine director compensation rather than an active market bet.