Form 4: Valero Energy Corp Executive Vice President Richard Joe Walsh Reports Stock Transaction

Valero Energy Corp's Executive Vice President and General Counsel, Richard Joe Walsh, reported a gift of 1,200 common stock shares.

Summary

• Richard Joe Walsh, Executive Vice President and General Counsel of Valero Energy Corp, reported a transaction involving the company's common stock.
• On December 23, 2024, Mr. Walsh received 1,200 shares of common stock as a gift.
• Following this transaction, Mr. Walsh directly owns 80,684 shares of Valero common stock.
• This total does not include 18,188.225 shares indirectly held by Mr. Walsh in a thrift plan.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock transaction, with no positive or negative implications for the company's performance.

Industry Context

This is a routine filing related to insider transactions and is common for executives of publicly traded companies. It provides transparency into the holdings of company insiders.

Comparison to Industry Standards

• SEC Form 4 filings are standard practice for all publicly traded companies in the United States.
• The reporting of stock transactions by executives is a common occurrence and is required to maintain transparency and prevent insider trading.
• Similar filings can be seen from executives at other energy companies such as Exxon Mobil (XOM) and Chevron (CVX).

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small transaction by an executive.
• The filing provides transparency to stakeholders regarding executive stock ownership.

Key Dates

Keywords

Valero Energy Corp, Richard Joe Walsh, stock transaction, common stock, insider trading, SEC Form 4, executive compensation, equity