Ashland Inc. 8-K: Shareholder Vote Matters Reported
Ticker: ASH · Form: 8-K · Filed: Jan 26, 2024 · CIK: 1674862
| Field | Detail |
|---|---|
| Company | Ashland INC. (ASH) |
| Form Type | 8-K |
| Filed Date | Jan 26, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: corporate-governance, shareholder-vote, 8-K, disclosure
TL;DR
**Ashland Inc. filed an 8-K about shareholder voting matters, signaling routine corporate governance.**
AI Summary
Ashland Inc. filed an 8-K on January 26, 2024, reporting an event that occurred on January 23, 2024, related to the submission of matters to a vote of security holders. This filing indicates that the company is adhering to its reporting obligations under the Securities Exchange Act of 1934. For investors, this matters because it signals ongoing corporate governance and transparency, ensuring shareholders are informed about voting matters, which can impact company direction and value.
Why It Matters
This filing indicates that Ashland Inc. is transparently reporting on matters submitted to a shareholder vote, which is a fundamental aspect of corporate governance and investor rights.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure about shareholder voting matters, indicating standard corporate governance without immediate financial risk.
Analyst Insight
A smart investor would monitor Ashland Inc.'s upcoming proxy statements or other filings for specific details regarding the matters submitted to a vote, as these could impact future company strategy or governance.
Key Players & Entities
- Ashland Inc. (company) — the registrant filing the 8-K
- January 23, 2024 (date) — date of the earliest event reported
- January 26, 2024 (date) — date the 8-K was filed
- Securities Exchange Act of 1934 (law) — act under which the report is filed
Forward-Looking Statements
- Ashland Inc. will provide further details on the specific matters submitted to a vote in a subsequent filing or proxy statement. (Ashland Inc.) — high confidence, target: Q1 2024
FAQ
What is the purpose of Ashland Inc.'s 8-K filing dated January 26, 2024?
The purpose of Ashland Inc.'s 8-K filing is to report on the 'Submission of Matters to a Vote of Security Holders,' with the earliest event reported occurring on January 23, 2024, as required by the Securities Exchange Act of 1934.
When was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on January 23, 2024.
Under which section of the Securities Exchange Act of 1934 was this report filed?
This report was filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What is Ashland Inc.'s trading symbol and on which exchange is its Common Stock registered?
Ashland Inc.'s trading symbol is ASH, and its Common Stock, par value $.01 per share, is registered on The New York Stock Exchange.
What is the address of Ashland Inc.'s principal executive offices as stated in the filing?
The address of Ashland Inc.'s principal executive offices is 8145 Blazer Drive, Wilmington, Delaware, 19808.
Filing Stats: 608 words · 2 min read · ~2 pages · Grade level 11.9 · Accepted 2024-01-26 16:45:08
Filing Documents
- ash-20240123.htm (8-K) — 63KB
- 0000950170-24-007993.txt ( ) — 170KB
- ash-20240123.xsd (EX-101.SCH) — 23KB
- ash-20240123_htm.xml (XML) — 4KB
07 . Submission of Matters to a Vote of Security Holders
Item 5.07 . Submission of Matters to a Vote of Security Holders. At the annual meeting (“Annual Meeting”) of stockholders of Ashland Inc. (“Ashland”) held on January 23, 2024, a total of 47,018,920 shares of Common Stock, representing 92.57% of the shares outstanding and eligible to vote and constituting a quorum, were represented in person or by valid proxies. The final results for each of the matters submitted to a vote of stockholders at the Annual Meeting are described below. Proposal 1: All of the nominees for director were elected to serve until the next annual meeting of stockholders and until their respective successors are elected and qualified, by the votes set forth in the table below: Nominee For Against Abstain Broker Non-Votes Steven D. Bishop 44,036,400 202,932 41,696 2,737,891 Sanat Chattopadhyay 44,055,810 181,806 43,411 2,737,891 Suzan F. Harrison 43,855,868 384,204 40,955 2,737,891 Wetteny Joseph 44,073,076 163,579 44,373 2,737,891 Susan L. Main 43,831,106 408,376 41,546 2,737,891 Guillermo Novo 43,791,092 445,759 44,177 2,737,891 Sergio Pedreiro 44,010,777 227,236 43,015 2,737,891 Jerome A. Peribere 42,900,912 1,337,510 42,606 2,737,891 Janice J. Teal 43,682,939 557,277 40,813 2,737,891 Proposal 2: The appointment of Ernst & Young LLP as Ashland’s independent registered public accountants for fiscal 2024 was ratified by the stockholders by the votes set forth in the table below: For Against Abstain Broker Non-Votes 46,787,022 193,919 37,977 0 Proposal 3: The non-binding advisory resolution approving the compensation paid to Ashland’s named executive officers, was approved by the stockholders by the votes set forth in the table below: For Against Abstain Broker Non-Votes 43,704,391 482,010 94,626 2,737,891
SIGNATURES
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 thereunto duly authorized. ASHLAND INC. Date: January 26, 2024 By: /s/ Robin E. Lampkin Robin E. Lampkin Senior Vice President, General Counsel and Secretary