Research Summary
AI-generated summary of this SEC filing
Ashland (ASH) Director Allen Spizzo Receives RSU Award
What Happened Allen A. Spizzo, a director of Ashland Inc. (ASH), was granted 978 Restricted Stock Units (RSUs) on July 27, 2026. The grant is reported as a derivative acquisition at an imputed value of $66.38 per RSU, totaling $64,920. This is a company equity award (not an open-market purchase or sale).
Key Details
- Transaction date: 2026-07-27; Report filed: 2026-08-05 (late filing).
- Grant: 978 RSUs @ $66.38 per unit; total reported value $64,920. (Transaction code: A = Award/Grant)
- Shares owned following the reported transaction: not disclosed in this Form 4.
- Footnotes: Each RSU equals the right to one share of Ashland common stock (F1). RSUs were granted under Ashland’s Omnibus Incentive Plan and vest one year after grant; one RSU in the Deferred Compensation Plan for non-employee directors equals one share (F2).
- Filing timeliness: This Form 4 was filed late because the reporting person’s EDGAR Next enrollment was not completed before the deadline; the enrollment is now complete and the filing was made promptly thereafter. (Timeliness: L)
Context RSUs are a common form of director compensation and represent a right to receive shares in the future — these units will vest in one year per the filing. Because these are granted awards (not sales or open-market purchases), they reflect compensation rather than an immediate market commitment by the director. The late filing was administrative and was explained in the remarks.