Ashland SVP exercises RSUs, withholds shares for tax
Ashland Inc. senior vice president James P. Minicucci reported routine equity compensation activity.
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Form Type
4
Rhea-AI Filing Summary
Ashland Inc. senior vice president James P. Minicucci reported routine equity compensation activity. On May 8, 2026, he exercised 4,310 Restricted Stock Units into an equal number of Ashland common shares. To cover tax obligations, 1,346 shares were withheld and disposed of at $55.01 per share.
These events were executed under Ashland's shareholder-approved incentive plan and are exempt under Rule 16b-3. Following the transactions, Minicucci directly owns 7,221 shares of Ashland common stock, reflecting a net increase in his equity stake.
Insider Trade Summary
4,310 shares exercised/converted
Exercise
3 txns
Insider
MINICUCCI JAMES P.
Role
SVP and GM, Personal Care
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 4,310 | $0.00 | $0.00 |
| Exercise | Common Stock | 4,310 | $55.01 | $237K |
| Exercise Price or Tax Liability | Common Stock | 1,346 | $55.01 | $74K |
Holdings After Transaction:
Restricted Stock Unit — 0 contracts (Direct);
Common Stock — 7,221 shares (Direct)
Footnotes (4)
- F1. Payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units acquired pursuant to Ashland's incentive plan as approved by the shareholders and exempt pursuant to Rule 16b-3.
- F2. Each Restricted Stock Unit represents a right to receive one (1) share of Ashland Common Stock.
- F3. On May 18, 2023, the Reporting Person was granted 6,708 restricted stock units, vesting over a three-year period, with 20% vesting on May 8, 2024, 20% vesting on May 8, 2025, and 60% vesting on May 8, 2026, provided that the Reporting Person remains in continuous employment with the Issuer.
- F4. Balance includes additional restricted stock units acquired in lieu of cash dividends.
Key Figures
RSUs exercised: 4,310 units
Shares withheld for taxes: 1,346 shares
Implied price per share: $55.01 per share
+3 more
6 metrics
RSUs exercised
4,310 units
Restricted Stock Units converted to common stock on May 8, 2026
Shares withheld for taxes
1,346 shares
Disposed to satisfy tax liability on May 8, 2026
Implied price per share
$55.01 per share
Value used for tax-withholding disposition
Shares owned after transaction
7,221 shares
Direct ownership following RSU exercise and tax withholding
RSU grant size
6,708 units
Restricted Stock Units granted on May 18, 2023
RSU vesting schedule
20% / 20% / 60%
Vesting on May 8, 2024, 2025, and 2026 respectively
Key Terms
Restricted Stock Unit, withholding securities, incentive plan, Rule 16b-3, +1 more
5 terms
Restricted Stock Unit financial
"The Reporting Person was granted 6,708 restricted stock units, vesting over a three-year period"
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.
withholding securities financial
"Payment of tax liability by withholding securities incident to the vesting of Restricted Stock Units"
incentive plan financial
"Restricted Stock Units acquired pursuant to Ashland's incentive plan as approved by the shareholders"
Rule 16b-3 regulatory
"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.
continuous employment financial
"vesting ... provided that the Reporting Person remains in continuous employment with the Issuer"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did ASH executive James P. Minicucci report on May 8, 2026?
James P. Minicucci reported exercising 4,310 Restricted Stock Units into Ashland common shares. As part of the same event, 1,346 shares were withheld and disposed of to satisfy tax obligations, leaving him with 7,221 directly owned shares afterward.
Did the ASH insider Form 4 show an open-market sale of Ashland stock?
The Form 4 did not show an open-market sale. It reported shares withheld and disposed of for taxes related to vesting Restricted Stock Units, a non-market transaction under Ashland’s incentive plan, rather than a discretionary sale on the open market.
What Restricted Stock Unit activity did ASH disclose for James P. Minicucci?
Ashland disclosed that 4,310 Restricted Stock Units converted into the same number of common shares for James P. Minicucci. These RSUs were granted under the company’s incentive plan and vest over a three-year schedule, subject to his continued employment with Ashland.
How were the ASH Restricted Stock Units originally granted to James P. Minicucci structured?
On May 18, 2023, Minicucci was granted 6,708 Restricted Stock Units vesting over three years: 20% on May 8, 2024, 20% on May 8, 2025, and 60% on May 8, 2026, contingent on his continuous employment with Ashland.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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