Ashland Inc. (ASH) SVP converts 1,806 RSUs; 526 shares withheld for taxes
Rhea-AI Filing Summary
Ashland Inc. officer Robin E. Lampkin, SVP, GC & Secretary, reported the vesting and conversion of 1,806 Restricted Stock Units into an equal number of Ashland common shares on August 11, 2026. Of these shares, 526 were withheld at $74.58 per share to satisfy tax liabilities. A separate entry shows 865 common shares held indirectly through a 401(k) plan. A footnote also corrects a prior report, confirming the original RSU grant on August 11, 2023 was for 1,806 units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,280 shares
Net Buy
4 txns
Insider
LAMPKIN ROBIN E.
Role
SVP, GC & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F4, F5, F1 | 1,806 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 1,806 | $74.58 | $135K |
| Tax Withholding | Common Stock F2 | 526 | $74.58 | $39K |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 1,806 shares (Direct);
Common Stock — 6,299 shares (Direct);
Common Stock — 865 shares (Indirect, By 401(k) Plan)
Footnotes (5)
- F1. Balance includes additional Restricted Stock Units acquired in lieu of cash dividends. The amount reported reflects a correction to the number of Restricted Stock Units previously reported on the Reporting Person's Form 4 filed on August 15, 2023, which indadvertantly overstated the number of Restricted Stock Units granted on August 11, 2023. The correct number of Restricted Stock Units granted on August 11, 2023 was 1,806.
- F2. 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.
- F3. Total inlcudes dividends accrued in reporting person's 401(k) savings plan.
- F4. Each Restricted Stock Unit (RSU) represents a right to receive one (1) share of ASH Common Stock.
- F5. On August 11, 2023, the Reporting Person was granted 1,806 RSUs, vesting on August 11, 2026, provided that the Reporting Person remains in continuous employment with the issuer.
Key Figures
RSUs converted: 1,806 units
Common shares acquired from RSUs: 1,806 shares
Shares withheld for taxes: 526 shares
+3 more
6 metrics
RSUs converted
1,806 units
Restricted Stock Units converting into common stock on August 11, 2026
Common shares acquired from RSUs
1,806 shares
Common stock credited upon RSU vesting and conversion
Shares withheld for taxes
526 shares
Common stock withheld to pay tax liability on RSU vesting
Per-share price
$74.58 per share
Price applied to RSU-related common stock and tax-withholding shares
Indirect 401(k) holdings
865 shares
Ashland common shares held indirectly via 401(k) savings plan after transactions
Original RSU grant date
August 11, 2023
Grant of 1,806 RSUs scheduled to vest on August 11, 2026
Key Terms
Restricted Stock Unit, Rule 16b-3, 401(k) savings plan
3 terms
Restricted Stock Unit financial
"Balance includes additional Restricted Stock Units acquired in lieu of cash dividends."
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.
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.
401(k) savings plan financial
"Total inlcudes dividends accrued in reporting person's 401(k) savings plan."
A 401(k) savings plan is an employer-sponsored retirement account that lets employees set aside a portion of their paycheck on a tax-advantaged basis, often with employer matching contributions that act like free additional savings. It matters to investors because matching, tax-deferred growth and investment choices can significantly boost long-term wealth—while plan rules or heavy concentration in a single company’s stock can increase an employee’s financial exposure to that company.
FAQ
What insider transaction did ASH officer Robin E. Lampkin report on this Form 4?
Robin E. Lampkin reported 1,806 Restricted Stock Units converting into 1,806 common shares of Ashland Inc. on August 11, 2026, reflecting the vesting of a prior RSU grant and resulting in newly issued common stock credited to her account.
What RSU grant does this Ashland (ASH) Form 4 relate to?
A footnote explains that on August 11, 2023, Lampkin was granted 1,806 RSUs, each representing one Ashland common share, scheduled to vest on August 11, 2026 contingent on continuous employment with the company through that vesting date.
Did the Ashland (ASH) Form 4 correct any prior RSU reporting for Lampkin?
Yes. A footnote states the RSU balance reflects a correction to a prior Form 4 that overstated the August 11, 2023 grant; the correct number of Restricted Stock Units granted on that date was 1,806.
What indirect Ashland (ASH) holdings does Lampkin report in this Form 4?
Lampkin reports 865 Ashland common shares held indirectly through a 401(k) savings plan. A footnote notes that this total includes dividends accrued within the reporting person’s 401(k) plan account.
AI-generated analysis. How Rhea-AI works. Not financial advice.
