Ashland Director Steven D. Bishop Receives 368 Stock Units

What Happened

• Steven D. Bishop, a director of Ashland Inc. (ASH), was granted/acquired 368 Common Stock Units on 2026-09-30 at a reported per-unit value of $67.92, for a total value of $24,995. The transaction is reported as a derivative award under the company's Deferred Compensation Plan for Non‑Employee Directors.

Key Details

• Transaction date and type: 2026-09-30 — Grant/acquisition of Common Stock Units (code A).
• Price/value: $67.92 per unit; total reported value $24,995.
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Form 4 filed 2026-10-01 for the 2026-09-30 transaction; appears to be filed within the normal reporting window.
• Footnotes of note:
  • F2: Units were acquired under Ashland’s Deferred Compensation Plan for Non‑Employee Directors and are exempt under Rule 16b‑3.
  • F1: Units are on a 1-for-1 basis (one unit = one share equivalent).
  • F3: Units are payable in common stock upon the director’s separation from service, subject to any deferral elections.
  • F4: Balance (not shown) includes additional units acquired in lieu of cash dividends.

Context

• These Common Stock Units are a deferred compensation award (derivative units), not an immediate transfer of common shares; they represent the right to receive company stock later (typically upon separation from service). Such grants to non‑employee directors are common and are administrative compensation rather than an open-market purchase or sale.