Chattopadhyay Sanat 4

What Happened

• Sanat Chattopadhyay, a director of Ashland Inc. (ASH), was granted 218 Common Stock Units on 2026-06-30. The units were recorded at $65.89 each, a total value of $14,364. This was an award/acquisition (code A) under the company’s non-employee director deferred compensation plan, not an open-market purchase.

Key Details

• Transaction date and price: 2026-06-30 at $65.89 per unit (218 units; $14,364 total).
• Instrument: Common Stock Units (derivative), where 1 unit = 1 share of Ashland common stock (F1, F2).
• Plan and payout: Units were granted under Ashland’s Deferred Compensation Plan for Non-Employee Directors and are exempt under Rule 16b-3 (F2). They are payable in common stock upon the director’s separation from service, subject to any deferral elections (F3).
• Additional note: Balance reported includes units acquired in lieu of cash dividends (F4).
• Filing timeliness: The Form 4 was filed promptly (no late filing indicated).

Context

• These Common Stock Units are bookkeeping awards under a deferred-compensation program, not immediate open-market share purchases. They represent a future right to receive Ashland common stock (typically when the director leaves service), so they do not necessarily signal immediate buying or selling activity.