Form 4: Valvoline Inc. Director Flees Reports Acquisition of Deferred Stock Units

Lori Ann Flees, a director and President & CEO of Valvoline Inc., reported the acquisition of 39 deferred stock units through salary deferral under the company's Deferred Compensation Plan.

Summary

• On July 11, 2024, Lori Ann Flees, a director and President & CEO of Valvoline Inc., acquired 39 deferred stock units.
• These units were acquired through salary deferral under the Valvoline Inc. 2016 Deferred Compensation Plan for Employees.
• Each unit represents a contingent right to receive one share of Valvoline common stock upon distribution from the Deferred Compensation Plan.
• Shares of Valvoline Common Stock become payable in respect of the units upon the event of an unforeseeable emergency, death, disability or separation from service.
• Following the transaction, Flees directly owns 5,286 shares of Valvoline common stock.
• The price of the deferred stock units was $44.7.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't convey any particular positive or negative sentiment about the company's performance or prospects.

Positives

• The acquisition of deferred stock units by a key executive demonstrates their continued investment in the company's future.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives and directors.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves a small number of deferred stock units.

Key Dates