Form 4: Valvoline Inc. Executive Acquires Deferred Stock Units

Sentiment:

SEC Form 4 Filing


Lori Ann Flees, President & CEO of Valvoline Inc., acquired 43 deferred stock units through salary deferral under the company's Deferred Compensation Plan.

Summary

  • On October 31, 2024, Lori Ann Flees, President & CEO of Valvoline Inc., acquired 43 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.
  • The price of the deferred stock units was $40.28.
  • Following the transaction, Ms. Flees beneficially owns 5,622 deferred stock units.
  • Shares of Valvoline Common Stock become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Deferred Compensation Plan) or the Reporting Person's death, disability or separation from service, in accordance with the terms of the Deferred Compensation Plan.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing an executive's stock acquisition, with no inherent positive or negative sentiment.

Future Outlook

Shares of Valvoline Common Stock become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Deferred Compensation Plan) or the Reporting Person's death, disability or separation from service, in accordance with the terms of the Deferred Compensation Plan.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency into the compensation and stock ownership of Valvoline's executives.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, as it involves deferred compensation and does not represent a significant change in ownership.

Key Dates

DateDescription
10/31/2024Date of transaction: Lori Ann Flees acquired 43 deferred stock units.
11/01/2024Date of filing: Form 4 filing date.

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