---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-23-006269"
form_type: "8-K"
ticker: "UG"
cik: "0000101295"
company_name: "UNITED GUARDIAN INC"
filed_at: "2023-10-16T23:59:59+00:00"
generated_at: "2026-06-09T23:03:12.173073+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# United-Guardian notifies Ashland of non-renewal of Exclusive Distributor Agreement

## Summary
- Company gave written notice on Oct 10, 2023 to Ashland that it will not renew the Exclusive Distributor Agreement.
- Agreement (dated July 5, 2000, amended May 5, 2010) would have auto-renewed Jan 1, 2024 for another 2 years.
- No early termination penalties will be incurred by the Company.
- Company plans to explore alternative marketing/distribution arrangements; may negotiate new deal with Ashland or a new partner.

## SEC filing metadata
- accession: 0001171843-23-006269
- form_type: 8-K
- ticker: UG
- cik: 0000101295
- company_name: UNITED GUARDIAN INC
- filed_at: 2023-10-16T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/101295/000117184323006269/0001171843-23-006269-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/101295/000117184323006269/f8k_101623.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-23-006269
- JSON: https://secwatch.observer/filing/0001171843-23-006269.json
- Plain text: https://secwatch.observer/filing/0001171843-23-006269.txt

## Key facts
- Material Agreements
  UNITED GUARDIAN INC terminated Exclusive Distributor Agreement with Ashland Specialty Ingredients (effective 2023-10-10).
  - Action: termination
  - Agreement: supply
  - Counterparty: Ashland Specialty Ingredients
  - Effective: 2023-10-10
  source text: the Company notified Ashland Specialty Ingredients (“Ashland”), one of its marketing and distribution partners, that it was not renewing its Exclusive Distributor Agreement with Ashland dated July 5, 2000, as amended by the letter agreement dated May 5, 2010 (the “Distribution Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/101295/000117184323006269/0001171843-23-006269-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.