Ashland awards 14,230 RSUs to SVP and CTO

Ashland’s SVP and CTO received a 14,230-unit equity award that vests in full after three years of continued employment.

Rhea-AI Filing Summary

ASHLAND INC. (symbol: ASH) is the issuer of record for a Form 4 filing submitted to the SEC. MUSA OSAMA M reported acquisition or exercise transactions in this Form 4 filing.

ASHLAND INC. (ASH) reported that SVP and CTO Osama M Musa received a grant of 14,230 Restricted Stock Units (RSUs) on September 15, 2026 under Ashland’s shareholder-approved incentive plan. Each RSU represents one share of common stock and will vest in a single installment on September 15, 2029, contingent on continued employment.

Insider Trade Summary

Grant/Award: 14,230 shares

Grant/Award 1 txn

Insider MUSA OSAMA M

Role SVP and CTO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Unit F1, F2	14,230	$0.00	$0.00

Holdings After Transaction: Restricted Stock Unit — 14,230 contracts (Direct)

Footnotes (2)

1. F1. Each Restricted Stock Unit (RSU) represents a right to receive one (1) share of Ashland common stock upon vesting.
2. F2. Restricted Stock Units were granted on September 15, 2026, pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The Restricted Stock Units in this grant will vest in one installment three years from the date of grant on September 15, 2029, provided that the Reporting Person remains in continuous employment with the Issuer.

Key Figures

RSUs granted: 14,230 units RSUs outstanding from this grant after transaction: 14,230 units Grant date: September 15, 2026 +2 more

5 metrics

RSUs granted 14,230 units Restricted Stock Units granted on September 15, 2026

RSUs outstanding from this grant after transaction 14,230 units Total RSUs held from this award following the grant

Grant date September 15, 2026 Date the Restricted Stock Units were granted

Vesting date September 15, 2029 Single vesting installment three years from grant date

Underlying common stock per RSU 1 share per unit Each RSU represents one share of Ashland common stock

Key Terms

Restricted Stock Unit, incentive plan, Rule 16b-3

3 terms

Restricted Stock Unit financial

"Each Restricted Stock Unit (RSU) represents a right to receive one (1) share"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

incentive plan financial

"Restricted Stock Units were granted ... pursuant to Ashland's incentive plan"

Rule 16b-3 regulatory

"pursuant to Ashland's incentive plan ... and exempt pursuant to Rule 16b-3"

Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did ASHLAND INC. (ASH) report for Osama M Musa?

Ashland reported that SVP and CTO Osama M Musa received a grant of 14,230 Restricted Stock Units on September 15, 2026, as an equity award under Ashland’s incentive plan approved by shareholders and exempt pursuant to Rule 16b-3.

How many RSUs were granted to the Ashland (ASH) SVP and CTO in this Form 4?

The SVP and CTO received 14,230 Restricted Stock Units. After this grant, the reported RSU holdings for this award total 14,230 units, each representing the right to receive one share of Ashland common stock upon vesting.

When do the newly granted Ashland (ASH) RSUs to Osama M Musa vest?

The Restricted Stock Units will vest in one installment on September 15, 2029, which is three years from the grant date, provided that the reporting person remains in continuous employment with Ashland through that date.

What does each Restricted Stock Unit represent in Ashland’s (ASH) Form 4 filing?

Each Restricted Stock Unit (RSU) represents a right to receive one share of Ashland common stock upon vesting, meaning the 14,230 RSUs correspond to a right to receive up to 14,230 shares of Ashland common stock if vesting conditions are met.

Was Ashland’s (ASH) RSU grant to the SVP and CTO made under a shareholder-approved plan?

Yes. The filing states the Restricted Stock Units were granted pursuant to Ashland's incentive plan as approved by the shareholders and that the grant is exempt pursuant to Rule 16b-3 under the Securities Exchange Act.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/16/2026 - 04:30 PM Accepted by SEC EDGAR 09/16/2026 - 04:30 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

MUSA OSAMA M

(Last) (First) (Middle)

8145 BLAZER DRIVE

(Street)

WILMINGTON DELAWARE 19808

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ASHLAND INC. [ ASH ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP and CTO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	09/15/2026		A		14,230		(2)	(2)	Common Stock	14,230	$0	14,230	D

Explanation of Responses:

1. Each Restricted Stock Unit (RSU) represents a right to receive one (1) share of Ashland common stock upon vesting.

2. Restricted Stock Units were granted on September 15, 2026, pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3. The Restricted Stock Units in this grant will vest in one installment three years from the date of grant on September 15, 2029, provided that the Reporting Person remains in continuous employment with the Issuer.

	/s/ Serena S. Kenost, Attorney-In-Fact for Osama M. Musa	09/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)