4/A: Ashland Inc. Executive Corrects Beneficial Ownership Report
SEC Filing Amendment
J. Kevin Willis, SVP and CFO of Ashland Inc., files an amended Form 4 to correct a calculation error in the reported amount of common stock beneficially owned through a 401(k) plan.
Summary
- J. Kevin Willis, SVP and CFO of Ashland Inc., filed an amended Form 4 with the SEC.
- The amendment corrects a calculation error in the original filing from September 5, 2024.
- The corrected filing pertains to the amount of Ashland Inc. common stock beneficially owned through a 401(k) plan.
- The corrected amount of common stock is 36,058 shares, replacing the previously reported 226,726 shares.
Sentiment
Score: 6
Explanation: The document corrects an error, which is a neutral event. However, the initial error reflects negatively on internal controls.
Negatives
- The original Form 4 filing contained a significant calculation error regarding the number of shares held in a 401(k) plan.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, ensuring transparency and compliance with SEC regulations.
Key Dates
| Date | Description |
|---|---|
| 09/03/2024 | Date of earliest transaction |
| 09/05/2024 | Date of original filing |
| 09/10/2024 | Date of amended filing |
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