Form 4: Valvoline Inc. CEO Lori Ann Flees Reports Stock Transactions
SEC Form 4 Filing
Valvoline Inc.'s President and CEO, Lori Ann Flees, reports the acquisition and disposal of common stock and deferred stock units.
Summary
- On May 2, 2025, Lori Ann Flees, President & CEO of Valvoline Inc., reported transactions involving Valvoline's common stock.
- Flees acquired 5,462 shares of common stock through the conversion of restricted stock units.
- She also disposed of 1,699 shares to cover tax obligations at a price of $33.99 per share.
- Additionally, on May 1, 2025, Flees acquired 53 deferred stock units through salary deferral under the Valvoline Inc. 2016 Deferred Compensation Plan for Employees.
- Following these transactions, Flees directly owns 43,614 shares of common stock and 9,629 deferred stock units.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives of publicly traded companies. These transactions are subject to regulatory scrutiny to prevent insider trading.
Comparison to Industry Standards
- Executive compensation packages often include stock options, restricted stock units, and deferred compensation plans.
- The vesting schedules and terms of these instruments are generally aligned with industry practices to incentivize long-term performance and retention.
- Tax-related disposals of shares are a common occurrence when restricted stock units vest, as executives need to cover their tax liabilities.
Stakeholder Impact
- The transactions have a minimal direct impact on shareholders, employees, customers, suppliers, and creditors.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Acquisition of deferred stock units through salary deferral. |
| 05/02/2025 | Conversion of restricted stock units to common stock and disposal of shares for tax obligations. |
| 05/05/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Valvoline, Lori Ann Flees, stock transactions, Form 4, common stock, deferred stock units, restricted stock units, insider trading, SEC filing
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