Form 4: Valvoline Director Pacious Receives Annual Restricted Stock Units

Director Patrick Pacious received 3,750 restricted stock units (RSUs) of Valvoline Inc. on January 28, 2025, which will vest and settle on the first anniversary of the grant date.

Summary

• On January 28, 2025, Patrick Pacious, a director of Valvoline Inc., was granted 3,750 restricted stock units (RSUs).
• These RSUs were awarded under the 2016 Valvoline Inc. Incentive Plan as an annual award.
• The RSUs 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 the director elects to defer settlement until separation from service.

Sentiment

Score: 7

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

Positives

• The grant of restricted stock units aligns the director's interests with those of the shareholders.
• The vesting schedule encourages continued service and commitment to the company.

Future Outlook

The director has the option to defer settlement of the award until separation from service, indicating a potential long-term commitment to the company.

Industry Context

Grants of restricted stock units are a common form of executive compensation in publicly traded companies, aligning management's interests with those of shareholders.

Stakeholder Impact

• The grant of RSUs can positively impact shareholders by aligning the director's interests with the company's long-term success.

Key Dates