Form 4: Valvoline Inc. Executive Acquires Deferred Stock Units

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 3, 2024, Lori Ann Flees, President & CEO of Valvoline Inc., acquired 43 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 $40.58.
• Following the transaction, Ms. Flees beneficially owns 5,538 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: 7

Explanation: The sentiment is neutral to slightly positive. It reflects a routine transaction related to executive compensation, indicating alignment between management and shareholders.

Positives

• The acquisition of deferred stock units by the CEO demonstrates her continued investment and alignment with the company's long-term success.

Industry Context

Executive compensation through deferred stock units is a common practice in publicly traded companies to align management's interests with those of shareholders and incentivize long-term performance.

Comparison to Industry Standards

• Deferred compensation plans are a standard component of executive compensation packages in similar publicly traded companies.
• The specific terms of Valvoline's plan, such as vesting schedules and triggering events, would need to be compared to those of peer companies to assess its competitiveness.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it reinforces the alignment of the CEO's interests with the company's performance.

Key Dates