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Ashland grants CEO long-term equity award to retain leadership

Story Highlights
  • Ashland granted CEO Guillermo Novo a $2 million one-time RSU award vesting in 2028.
  • The award tightens vesting and notice terms to secure Novo’s tenure and align incentives long term.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Ashland grants CEO long-term equity award to retain leadership

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Ashland ( (ASH) ) has shared an announcement.

On January 26, 2026, Ashland Inc.’s Compensation Committee approved a one-time equity award valued at $2 million for Chair and CEO Guillermo Novo, structured entirely as time-based restricted stock units that will cliff-vest on December 31, 2028, contingent on his continued employment. The award, to be granted following the filing of Ashland’s first-quarter fiscal 2026 Form 10-Q, is designed to recognize Novo’s contributions and lock in his leadership through 2028, includes no accelerated vesting on retirement before that date, and imposes mutual 180-day advance notice requirements for voluntary resignation without good reason or termination without cause, steps that reinforce leadership stability and align executive incentives with long-term shareholder interests.

The most recent analyst rating on (ASH) stock is a Hold with a $66.00 price target. To see the full list of analyst forecasts on Ashland stock, see the ASH Stock Forecast page.

Spark’s Take on ASH Stock

According to Spark, TipRanks’ AI Analyst, ASH is a Neutral.

Overall score is held back primarily by weak profitability and declining revenue trends, partially offset by strong recent free cash flow growth and manageable leverage. Technicals are supportive with the price above major moving averages and positive momentum, while valuation is mixed due to a moderate dividend but negative P/E. Earnings call adds a modest positive tilt from guidance and cost-savings initiatives, tempered by end-market and execution risks.

To see Spark’s full report on ASH stock, click here.

More about Ashland

Ashland Inc. is a publicly traded company that operates under a board-governed corporate structure and utilizes an omnibus incentive compensation plan and long-term incentive programs, including time-based restricted stock units, to compensate and retain senior leadership, including its chair and chief executive officer.

Average Trading Volume: 838,651

Technical Sentiment Signal: Sell

Current Market Cap: $2.86B

Find detailed analytics on ASH stock on TipRanks’ Stock Analysis page.

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