Form 4: Valero Energy Corp: Executive Eric A. Fisher Reports Stock Award and Tax Withholding

Eric A. Fisher, SVP of Valero Energy Corp, reports the acquisition of 8,120 common shares and the disposal of 3,196 shares for tax obligations.

Summary

• On February 26, 2025, Eric A. Fisher, a Senior Vice President at Valero Energy Corp, reported transactions involving the company's common stock.
• Fisher acquired 8,120 shares of common stock through an award.
• He also disposed of 3,196 shares to satisfy tax obligations related to restricted stock holdings at a price of $131.1999 per share.
• Following these transactions, Fisher directly owns 44,729 shares of Valero Energy Corp.
• This amount does not include 1,050.721 shares indirectly held in a thrift plan or 400 shares held by family trusts.
• Fisher also holds 8,120 performance shares that vest annually in one-third increments beginning in January 2026, payable in common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The stock award is a positive sign, but the tax withholding is a routine transaction. Overall, it's a standard insider activity report.

Positives

• The acquisition of 8,120 common shares indicates confidence in the company's future performance.

Negatives

• The disposal of 3,196 shares to cover tax obligations, while routine, represents a reduction in direct holdings.

Future Outlook

The performance shares vest annually in one-third increments beginning in January 2026, payable in shares of common stock in amounts ranging from zero to 200 percent of the performance shares and as otherwise set forth in the agreement.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive compensation and stock ownership.

Key Dates