Form 4: Valvoline CFO J. Kevin Willis Awarded Over 38,000 Equity Units in Compensation Grant

Valvoline Inc.'s Chief Financial Officer, J. Kevin Willis, was granted 11,630 Restricted Stock Units and 27,050 Stock Appreciation Rights as part of his fiscal year 2025 compensation.

Summary

• J. Kevin Willis, Chief Financial Officer of Valvoline Inc. (VVV), was granted equity awards on June 2, 2025.
• The awards include 11,630 Restricted Stock Units (RSUs) which convert into Valvoline common stock on a one-for-one basis.
• These RSUs will vest in three equal annual installments, beginning on the first anniversary of the grant date.
• Additionally, Mr. Willis received 27,050 Stock Appreciation Rights (SARs) with an exercise price of $34.35.
• The SARs will vest 50% on the first anniversary of the grant date, and 25% on each of the second and third anniversaries of the grant date, with an expiration date of June 2, 2035.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive as it reflects a standard executive compensation award, which aligns management incentives with shareholder interests. It is not highly impactful on its own but is a positive sign of ongoing executive retention and motivation.

Positives

• The grant of Restricted Stock Units and Stock Appreciation Rights aligns the Chief Financial Officer's interests with those of shareholders, incentivizing long-term performance.
• These awards are a standard component of executive compensation, reflecting ongoing commitment to key management personnel.

Future Outlook

NA

Industry Context

This filing represents a routine executive compensation award, common across publicly traded companies to incentivize management performance and align their interests with shareholder value creation. It does not provide specific insights into broader industry trends for the automotive lubricant or service sector.

Stakeholder Impact

• Shareholders: The equity awards are designed to align the interests of the Chief Financial Officer with those of the shareholders, potentially leading to improved long-term performance.
• Employees: This specific filing primarily impacts the named executive, J. Kevin Willis, as part of his compensation.

Next Steps

• Vesting of Restricted Stock Units in three equal annual installments beginning on the first anniversary of the grant date.
• Vesting of Stock Appreciation Rights: 50% on the first anniversary, 25% on the second, and 25% on the third anniversary of the grant date.

Key Dates

Keywords

Valvoline, VVV, SEC Form 4, Insider Transaction, Restricted Stock Units, Stock Appreciation Rights, Executive Compensation, Equity Grant, Chief Financial Officer