Form 4: Valero Energy Director Acquires Stock Units
SEC Form 4 Filing
Director H. Paulett Eberhart acquired 1,381 stock units of Valero Energy Corp, vesting in one year.
Summary
- On May 15, 2024, H. Paulett Eberhart, a director of Valero Energy Corp, acquired 1,381 stock units.
- Each stock unit represents the right to receive one share of Valero Energy Corp common stock.
- The stock units are scheduled to vest in one year, subject to a one-year hold requirement, according to the Stock Unit Award Agreement.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding stock unit acquisition.
Future Outlook
The stock units are scheduled to vest in one year, subject to a one-year hold requirement.
Industry Context
This Form 4 filing is a routine disclosure of a director's acquisition of stock units, which is a common form of executive compensation in publicly traded companies.
Stakeholder Impact
- The acquisition of stock units by a director may have a minor positive impact on shareholder sentiment, aligning the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Date of transaction: H. Paulett Eberhart acquired 1,381 stock units. |
| 05/17/2024 | Date of signature on the Form 4 filing. |
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