Form 4: Valvoline Director Mary J. Twinem Awarded Restricted Stock Units

Director Mary J. Twinem received 3,750 restricted stock units (RSUs) of Valvoline Inc. on January 28, 2025, which will vest on the first anniversary of the grant date.

Summary

• On January 28, 2025, Mary J. Twinem, a director of Valvoline Inc., was granted 3,750 restricted stock units (RSUs) under the 2016 Valvoline Inc. Incentive Plan.
• These RSUs will convert into Valvoline common stock on a one-for-one basis.
• The RSUs vest and settle on the first anniversary of the grant date, unless Twinem elects to defer settlement until separation from service.

Sentiment

Score: 7

Explanation: The document reflects a routine director compensation event, which is generally viewed neutrally to positively as it aligns director interests with shareholders.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders.
• The vesting schedule encourages continued service and commitment to Valvoline.

Future Outlook

The restricted stock units will vest and settle on the first anniversary of the grant date, unless the director elects to defer settlement of the award until separation from service.

Industry Context

This is a standard practice for compensating directors of publicly traded companies, aligning their interests with shareholders through equity-based compensation.

Comparison to Industry Standards

• Granting restricted stock units to directors is a common practice among publicly traded companies to incentivize performance and align interests with shareholders.
• Companies like ExxonMobil, Chevron, and Shell also utilize equity-based compensation for their board members.
• The specific number of RSUs granted varies based on company size, director role, and overall compensation strategy.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it aligns the director's interests with the company's long-term success.
• The director benefits from potential stock appreciation.

Key Dates