Ashland technology chief converts 10,418 stock units
Ashland's SVP and CTO had 3,647 shares withheld for tax liability incident to restricted-stock-unit vesting.
Rhea-AI Filing Summary
Ashland Inc. SVP and CTO Musa Osama M converted 10,418 restricted stock units into 10,418 common shares on September 21, 2026; the common-stock transaction lists $69.06 per share. A further 3,647 shares were withheld for tax liability incident to vesting. The 10,418-unit balance included a 9,694-RSU grant scheduled to vest September 19, 2026, subject to continuous employment, and additional stock or RSUs acquired in lieu of cash dividends. No Rule 10b5-1 plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
10,418 shares exercised/converted
Exercise
3 txns
Insider
MUSA OSAMA M
Role
SVP and CTO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit F3, F4, F2 | 10,418 | $0.00 | $0.00 |
| Exercise | Common Stock | 10,418 | $69.06 | $719K |
| Tax Withholding | Common Stock F1, F2 | 3,647 | $69.06 | $252K |
Holdings After Transaction:
Restricted Stock Unit — 10,418 contracts (Direct);
Common Stock — 37,577 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. Balance includes additional common stock or restricted stock units acquired in lieu of cash dividends.
- F3. Each Restricted Stock Unit (RSU) represents a right to receive one (1) share of Ashland Common Stock.
- F4. On September 19, 2023, the Reporting Person was granted 9,694 RSUs, vesting on September 19, 2026, provided that the Reporting Person remains in continuous employment with the Issuer.
Key Figures
Restricted stock units converted: 10,418 RSUs
Common shares acquired: 10,418 shares
Reported per-share amount: $69.06 per share
+2 more
5 metrics
Restricted stock units converted
10,418 RSUs
September 21, 2026 transaction
Common shares acquired
10,418 shares
September 21, 2026 transaction
Reported per-share amount
$69.06 per share
Common-stock transaction on September 21, 2026
Shares withheld for tax liability
3,647 shares
September 21, 2026 RSU vesting
RSU grant
9,694 RSUs
Granted September 19, 2023; scheduled to vest September 19, 2026, subject to continuous employment
Key Terms
Restricted Stock Units, Rule 16b-3, continuous employment, in lieu of cash dividends
4 terms
Restricted Stock Units financial
"vesting of Restricted Stock Units acquired pursuant to Ashland's incentive plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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 technical
"provided that the Reporting Person remains in continuous employment"
in lieu of cash dividends financial
"acquired in lieu of cash dividends"
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