Ashland Inc. has approved a one-time equity award grant valued at $2 million for Chair and Chief Executive Officer Guillermo Novo. The award, granted under a letter agreement dated January 26, 2026, consists entirely of time-based restricted stock units that will vest in full on December 31, 2028, contingent on Mr. Novo’s continued employment through that date. The agreement specifies that this award is not eligible for accelerated vesting in the event of Mr. Novo’s retirement before the vesting date, and Mr. Novo has waived any rights to such acceleration. Both Mr. Novo and the company are required to give at least 180 days’ advance notice of resignation or termination without cause, respectively.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ashland Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-024553), on January 27, 2026, and is solely responsible for the information contained therein.