Form 4: Valvoline Inc. Executive Acquires Deferred Stock Units

Lori Ann Flees, President & CEO of Valvoline Inc., acquired 41 deferred stock units through salary deferral under the company's Deferred Compensation Plan.

Summary

• On October 17, 2024, Lori Ann Flees, President & CEO of Valvoline Inc., acquired 41 deferred stock units.
• The acquisition was made 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 $42.05.
• Following the transaction, Ms. Flees directly owns 5,579 shares of Valvoline common stock.
• 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. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives regarding their holdings of company stock.

Stakeholder Impact

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

Key Dates