Form 4: Valvoline COO Linne Fulcher Executes Stock Options and Disposes of Shares
SEC Form 4 Filing
Linne Fulcher, Chief Operating Officer of Valvoline Inc., exercised stock options and disposed of shares on August 30, 2024.
Summary
- On August 30, 2024, Linne Fulcher, the Chief Operating Officer of Valvoline Inc., exercised 5,060 restricted stock units, converting them into common stock.
- Following the exercise, Fulcher disposed of 1,460 shares of common stock at a price of $42.2 per share to cover tax obligations.
- After these transactions, Fulcher directly owns 7,660 shares of Valvoline common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing reflects routine transactions related to executive compensation.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 08/30/2024 | Date of stock option exercise and share disposal. |
| 09/03/2024 | Date of Form 4 filing. |
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