Form 4: Valero Energy Corp. Executive Jason W. Fraser Reports Stock Transactions

Valero Energy Corp.'s EVP & CFO, Jason W. Fraser, executed multiple transactions involving common stock and performance shares on January 16, 2025.

Summary

• Jason W. Fraser, EVP & CFO of Valero Energy Corp., reported several transactions on January 16, 2025.
• These transactions included the acquisition of common stock through the settlement of performance share awards.
• Mr. Fraser acquired 13,453 shares, 10,966 shares, and 10,586 shares of common stock through performance share settlements.
• These performance share awards were settled at 175% and 200% of their base value.
• He also disposed of 13,828 shares and 10,586 shares of common stock at a price of $138.23 per share.
• Following these transactions, Mr. Fraser's direct holdings of common stock totaled 139,145 shares.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock transactions, with no indication of positive or negative sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is common in the energy sector and other publicly traded companies.

Comparison to Industry Standards

• Executive stock transactions are a standard practice in publicly traded companies, including those in the energy sector like ExxonMobil (XOM) and Chevron (CVX).
• The reporting of these transactions via SEC Form 4 is a regulatory requirement to ensure transparency and prevent insider trading.
• The settlement of performance share awards is a common form of executive compensation, often tied to company performance metrics.

Stakeholder Impact

• The transactions may have a minor impact on shareholders, as they reflect changes in executive ownership.
• The settlement of performance shares indicates that the company has met certain performance targets.

Key Dates

Keywords

Valero Energy Corp, stock transactions, performance shares, insider trading, executive compensation, common stock, Jason W. Fraser, VLO