Form 4: Valero Energy Corp Director Donald L. Nickles Reports Stock Transactions

Sentiment:

SEC Form 4 Filing


Director Donald L. Nickles reports stock transactions involving Valero Energy Corp, including the acquisition of shares through stock units and the disposition of shares.

Summary

  • On May 9, 2024, Donald L. Nickles, a director of Valero Energy Corp, reported transactions involving the company's stock.
  • Nickles acquired 1,944 shares of common stock through the exercise of stock units.
  • He also disposed of 720 shares of common stock at a price of $158.125 per share.
  • Following these transactions, Nickles directly owns 32,826 shares of Valero Energy Corp.
  • The shares acquired through stock units were received per a Stock Unit Award Agreement.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports stock transactions by a company director, which is a routine regulatory filing.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It doesn't necessarily reflect a broader trend in the oil and gas industry but rather individual investment decisions.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership by a director, but the overall impact is likely minimal.

Key Dates

DateDescription
05/09/2024Date of stock unit award and stock sale.
05/13/2024Date of signature on the Form 4 filing.

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