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[8-K] Ashland Inc. Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Ashland Inc. (NYSE: ASH) filed a Form 8-K to disclose the permanent appointment of William Whitaker as Senior Vice President, Chief Financial Officer and Principal Financial Officer, effective 18 July 2025.

Whitaker had served as interim CFO since 6 May 2025. His finalized compensation package comprises: (i) $414,600 annual base salary; (ii) target annual cash incentive equal to 65 % of salary; (iii) long-term incentive opportunity up to 265 % of salary; and (iv) an initial equity award valued at $1.1 million, split 40 % into Restricted Stock Units and 60 % into Performance Share Units. RSUs vest in three equal annual installments beginning 20 Nov 2026, while PSUs cliff-vest on 20 Nov 2029, all under the company’s 2021 Omnibus Plan.

No additional financial metrics, earnings data, or strategic transactions were reported in this current report.

Ashland Inc. (NYSE: ASH) ha presentato un modulo 8-K per annunciare la nomina permanente di William Whitaker a Senior Vice President, Chief Financial Officer e Principal Financial Officer, con effetto dal 18 luglio 2025.

Whitaker aveva ricoperto il ruolo di CFO ad interim dal 6 maggio 2025. Il suo pacchetto retributivo definitivo include: (i) uno stipendio base annuo di 414.600 $; (ii) un incentivo annuale in contanti target pari al 65% dello stipendio; (iii) un'opportunità di incentivo a lungo termine fino al 265% dello stipendio; e (iv) un premio azionario iniziale del valore di 1,1 milioni di $, suddiviso in un 40% in Restricted Stock Units e un 60% in Performance Share Units. Le RSU maturano in tre rate annuali uguali a partire dal 20 novembre 2026, mentre le PSU maturano completamente il 20 novembre 2029, il tutto secondo il Piano Omnibus 2021 dell’azienda.

In questo rapporto non sono stati comunicati ulteriori dati finanziari, risultati economici o operazioni strategiche.

Ashland Inc. (NYSE: ASH) presentó un Formulario 8-K para anunciar el nombramiento permanente de William Whitaker como Vicepresidente Senior, Director Financiero y Oficial Financiero Principal, con efecto a partir del 18 de julio de 2025.

Whitaker había servido como CFO interino desde el 6 de mayo de 2025. Su paquete de compensación final incluye: (i) un salario base anual de 414,600 $; (ii) un incentivo anual en efectivo objetivo equivalente al 65% del salario; (iii) una oportunidad de incentivo a largo plazo de hasta el 265% del salario; y (iv) una concesión inicial de acciones valorada en 1,1 millones de $, dividida en un 40% en Unidades de Acciones Restringidas y un 60% en Unidades de Acciones por Desempeño. Las RSU se consolidan en tres cuotas anuales iguales a partir del 20 de noviembre de 2026, mientras que las PSU vencen completamente el 20 de noviembre de 2029, todo bajo el Plan Omnibus 2021 de la compañía.

No se reportaron métricas financieras adicionales, datos de ganancias ni transacciones estratégicas en este informe actual.

Ashland Inc. (NYSE: ASH)� 2025� 7� 18일부� William Whitaker� 수석 부사장, 최고재무책임�(CFO) � 주요 재무책임자로 영구 임명했다� 8-K 양식� 통해 공시했습니다.

Whitaker� 2025� 5� 6일부� 임시 CFO� 근무해왔습니�. 그의 최종 보상 패키지� 다음� 같습니다: (i) 연간 기본� 414,600달러; (ii) 급여� 65%� 해당하는 목표 연간 현금 인센티브; (iii) 급여� 최대 265%� 달하� 장기 인센티브 기회; (iv) 초기 주식 보상으로 110� 달러 상당� 부여되�, 이는 40%� 제한 주식 단위(RSU), 60%� 성과 주식 단위(PSU)� 나뉩니다. RSU� 2026� 11� 20일부� 3년에 걸쳐 균등하게 베스팅되�, PSU� 2029� 11� 20일에 일시� 베스팅되� 모두 회사� 2021� 총괄 계획� 따라 진행됩니�.

� 보고서에서는 추가적인 재무 지�, 수익 데이� 또는 전략� 거래 내용은 보고되지 않았습니�.

Ashland Inc. (NYSE : ASH) a déposé un formulaire 8-K pour annoncer la nomination permanente de William Whitaker en tant que Senior Vice President, Directeur Financier et Principal Financial Officer, effective à partir du 18 juillet 2025.

Whitaker avait exercé la fonction de CFO par intérim depuis le 6 mai 2025. Son package de rémunération final comprend : (i) un salaire de base annuel de 414 600 $ ; (ii) un incitatif annuel en espèces cible équivalent à 65 % du salaire ; (iii) une opportunité d’incitation à long terme pouvant atteindre 265 % du salaire ; et (iv) une attribution initiale d’actions d’une valeur de 1,1 million de $, répartie à 40 % en unités d’actions restreintes (RSU) et à 60 % en unités d’actions de performance (PSU). Les RSU sont acquises en trois versements annuels égaux à partir du 20 novembre 2026, tandis que les PSU sont acquises en une seule fois le 20 novembre 2029, le tout dans le cadre du Plan Omnibus 2021 de la société.

Aucune autre donnée financière, résultat ou transaction stratégique n’a été rapportée dans ce rapport actuel.

Ashland Inc. (NYSE: ASH) hat ein Formular 8-K eingereicht, um die dauerhafte Ernennung von William Whitaker zum Senior Vice President, Chief Financial Officer und Principal Financial Officer mit Wirkung zum 18. Juli 2025 bekannt zu geben.

Whitaker war seit dem 6. Mai 2025 als interimistischer CFO tätig. Sein endgültiges Vergütungspaket umfasst: (i) ein jährliches Grundgehalt von 414.600 $; (ii) ein jährliches Ziel-Cash-Incentive in Höhe von 65% des Gehalts; (iii) eine langfristige Anreizmöglichkeit von bis zu 265% des Gehalts; und (iv) eine anfängliche Aktienzuteilung im Wert von 1,1 Millionen $, aufgeteilt in 40 % Restricted Stock Units und 60 % Performance Share Units. Die RSUs werden in drei gleichen jährlichen Tranchen ab dem 20. November 2026 vestiert, während die PSUs am 20. November 2029 vollständig vesten, alles gemäß dem Omnibus-Plan 2021 des Unternehmens.

In diesem aktuellen Bericht wurden keine weiteren finanziellen Kennzahlen, Gewinnangaben oder strategischen Transaktionen gemeldet.

Positive
  • Permanently appointing the CFO removes interim uncertainty, supporting organizational stability.
  • Equity-heavy compensation (60 % PSUs) aligns executive incentives with long-term shareholder value.
Negative
  • Increased executive compensation introduces additional fixed and equity dilution costs without disclosed offsetting savings or performance targets.

Insights

TL;DR: Routine CFO confirmation; improves leadership continuity, negligible immediate financial effect.

The Board’s move converts an interim appointment into a permanent role, removing succession uncertainty. Compensation levels align with typical mid-cap chemical peers: base pay <$0.5 m, total target direct comp <4× salary. Equity mix (40 % RSU / 60 % PSU) emphasizes performance alignment, with multi-year vesting that supports retention. No guidance or capital-allocation changes were announced, so the filing is governance-oriented rather than financially material. Overall impact on valuation is neutral; however, continuity may be viewed modestly positive by creditors and rating agencies.

Ashland Inc. (NYSE: ASH) ha presentato un modulo 8-K per annunciare la nomina permanente di William Whitaker a Senior Vice President, Chief Financial Officer e Principal Financial Officer, con effetto dal 18 luglio 2025.

Whitaker aveva ricoperto il ruolo di CFO ad interim dal 6 maggio 2025. Il suo pacchetto retributivo definitivo include: (i) uno stipendio base annuo di 414.600 $; (ii) un incentivo annuale in contanti target pari al 65% dello stipendio; (iii) un'opportunità di incentivo a lungo termine fino al 265% dello stipendio; e (iv) un premio azionario iniziale del valore di 1,1 milioni di $, suddiviso in un 40% in Restricted Stock Units e un 60% in Performance Share Units. Le RSU maturano in tre rate annuali uguali a partire dal 20 novembre 2026, mentre le PSU maturano completamente il 20 novembre 2029, il tutto secondo il Piano Omnibus 2021 dell’azienda.

In questo rapporto non sono stati comunicati ulteriori dati finanziari, risultati economici o operazioni strategiche.

Ashland Inc. (NYSE: ASH) presentó un Formulario 8-K para anunciar el nombramiento permanente de William Whitaker como Vicepresidente Senior, Director Financiero y Oficial Financiero Principal, con efecto a partir del 18 de julio de 2025.

Whitaker había servido como CFO interino desde el 6 de mayo de 2025. Su paquete de compensación final incluye: (i) un salario base anual de 414,600 $; (ii) un incentivo anual en efectivo objetivo equivalente al 65% del salario; (iii) una oportunidad de incentivo a largo plazo de hasta el 265% del salario; y (iv) una concesión inicial de acciones valorada en 1,1 millones de $, dividida en un 40% en Unidades de Acciones Restringidas y un 60% en Unidades de Acciones por Desempeño. Las RSU se consolidan en tres cuotas anuales iguales a partir del 20 de noviembre de 2026, mientras que las PSU vencen completamente el 20 de noviembre de 2029, todo bajo el Plan Omnibus 2021 de la compañía.

No se reportaron métricas financieras adicionales, datos de ganancias ni transacciones estratégicas en este informe actual.

Ashland Inc. (NYSE: ASH)� 2025� 7� 18일부� William Whitaker� 수석 부사장, 최고재무책임�(CFO) � 주요 재무책임자로 영구 임명했다� 8-K 양식� 통해 공시했습니다.

Whitaker� 2025� 5� 6일부� 임시 CFO� 근무해왔습니�. 그의 최종 보상 패키지� 다음� 같습니다: (i) 연간 기본� 414,600달러; (ii) 급여� 65%� 해당하는 목표 연간 현금 인센티브; (iii) 급여� 최대 265%� 달하� 장기 인센티브 기회; (iv) 초기 주식 보상으로 110� 달러 상당� 부여되�, 이는 40%� 제한 주식 단위(RSU), 60%� 성과 주식 단위(PSU)� 나뉩니다. RSU� 2026� 11� 20일부� 3년에 걸쳐 균등하게 베스팅되�, PSU� 2029� 11� 20일에 일시� 베스팅되� 모두 회사� 2021� 총괄 계획� 따라 진행됩니�.

� 보고서에서는 추가적인 재무 지�, 수익 데이� 또는 전략� 거래 내용은 보고되지 않았습니�.

Ashland Inc. (NYSE : ASH) a déposé un formulaire 8-K pour annoncer la nomination permanente de William Whitaker en tant que Senior Vice President, Directeur Financier et Principal Financial Officer, effective à partir du 18 juillet 2025.

Whitaker avait exercé la fonction de CFO par intérim depuis le 6 mai 2025. Son package de rémunération final comprend : (i) un salaire de base annuel de 414 600 $ ; (ii) un incitatif annuel en espèces cible équivalent à 65 % du salaire ; (iii) une opportunité d’incitation à long terme pouvant atteindre 265 % du salaire ; et (iv) une attribution initiale d’actions d’une valeur de 1,1 million de $, répartie à 40 % en unités d’actions restreintes (RSU) et à 60 % en unités d’actions de performance (PSU). Les RSU sont acquises en trois versements annuels égaux à partir du 20 novembre 2026, tandis que les PSU sont acquises en une seule fois le 20 novembre 2029, le tout dans le cadre du Plan Omnibus 2021 de la société.

Aucune autre donnée financière, résultat ou transaction stratégique n’a été rapportée dans ce rapport actuel.

Ashland Inc. (NYSE: ASH) hat ein Formular 8-K eingereicht, um die dauerhafte Ernennung von William Whitaker zum Senior Vice President, Chief Financial Officer und Principal Financial Officer mit Wirkung zum 18. Juli 2025 bekannt zu geben.

Whitaker war seit dem 6. Mai 2025 als interimistischer CFO tätig. Sein endgültiges Vergütungspaket umfasst: (i) ein jährliches Grundgehalt von 414.600 $; (ii) ein jährliches Ziel-Cash-Incentive in Höhe von 65% des Gehalts; (iii) eine langfristige Anreizmöglichkeit von bis zu 265% des Gehalts; und (iv) eine anfängliche Aktienzuteilung im Wert von 1,1 Millionen $, aufgeteilt in 40 % Restricted Stock Units und 60 % Performance Share Units. Die RSUs werden in drei gleichen jährlichen Tranchen ab dem 20. November 2026 vestiert, während die PSUs am 20. November 2029 vollständig vesten, alles gemäß dem Omnibus-Plan 2021 des Unternehmens.

In diesem aktuellen Bericht wurden keine weiteren finanziellen Kennzahlen, Gewinnangaben oder strategischen Transaktionen gemeldet.

0001674862false00016748622025-07-182025-07-18

 

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

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): July 18, 2025

 

 

ASHLAND INC.

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

333-211719

81-2587835

(State or Other Jurisdiction
of Incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

 

 

 

 

 

8145 Blazer Drive

 

Wilmington, Delaware

 

19808

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 302 995-3000

 

 

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

 

Trading
Symbol(s)

 


Name of each exchange on which registered

Common Stock, par value $.01 per share

 

ASH

 

The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 


 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 5, 2025, the Board of Directors (the “Board”) of Ashland Inc. (the “Company”) appointed William Whitaker as Interim Chief Financial Officer and Principal Financial Officer of the Company, effective May 6, 2025. On July 18, 2025, the Board permanently appointed Mr. Whitaker to the role of Senior Vice President, Chief Financial Officer and Principal Financial Officer of the Company.

In connection with Mr. Whitaker’s appointment, he will (i) receive an annual base salary of $414,600; (ii) be eligible to receive a target annual incentive award of 65% of his annual base salary; (iii) be eligible to receive long term incentive award of up to 265% of his annual base salary; and (iv) receive an initial equity grant with a grant date fair market value of $1,100,000, consisting of (a) 40% in the form of Restricted Stock Units (“RSUs”), the final number of RSUs to be determined by dividing the final aggregate value of the award by the Company’s closing share price on July 18, 2025 (the “Grant Date”), with such equity award to vest equally in three equal annual installments beginning on November 20, 2026, subject to the terms and conditions of the Company’s 2021 Omnibus Plan; and (b) 60% in the form of Performance Share Units (“PSUs”), with such PSUs to fully vest on November 20, 2029, subject to the terms and conditions of the Company’s 2021 Omnibus Plan.

Biographical information for William Whitaker, as well as other pertinent details, can be found in the Item 5.02 section of the Current Report on Form 8-K filed with the Securities and Exchange Commission on May 5, 2025, which is incorporated by reference herein.

 

 

 

 


 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

ASHLAND INC.

 

 

 

 

Date:

July 21, 2025

By:

/s/ Robin E. Lampkin

 

 

 

Robin E. Lampkin
Senior Vice President, General Counsel and Secretary

 

 


FAQ

Why did Ashland (ASH) file this Form 8-K?

To announce the permanent appointment of William Whitaker as CFO and outline his compensation.

When does William Whitaker’s permanent CFO role become effective?

The appointment is effective July 18, 2025.

What is Whitaker’s annual base salary as CFO?

He will receive a base salary of $414,600.

What percentage of salary is Whitaker’s target annual cash incentive?

The target annual incentive equals 65 % of base salary.

How large is the initial equity grant and how is it structured?

The grant is valued at $1.1 million, split 40 % RSUs and 60 % PSUs.

When do the RSUs and PSUs granted to Whitaker vest?

RSUs vest in three equal tranches starting 20 Nov 2026; PSUs cliff-vest on 20 Nov 2029.
Ashland

NYSE:ASH

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ASH Stock Data

2.40B
45.18M
1.03%
91.22%
3.51%
Specialty Chemicals
Wholesale-chemicals & Allied Products
United States
WILMINGTON