Form 4: Valvoline Inc. Executive Acquires Deferred Stock Units

Lori Ann Flees, President & CEO of Valvoline Inc., acquired 42 deferred stock units through salary deferral under the company's Deferred Compensation Plan.

Summary

• On June 13, 2024, Lori Ann Flees, President & CEO of Valvoline Inc., acquired 42 deferred stock units.
• The acquisition was made under the Valvoline Inc. 2016 Deferred Compensation Plan for Employees through salary deferral.
• Each unit represents a contingent right to receive one share of Valvoline common stock upon distribution from the Deferred Compensation Plan.
• Following the transaction, Ms. Flees beneficially owns 5,207 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 acquisition of deferred stock units. It doesn't inherently convey positive or negative sentiment.

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

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to investors regarding the actions of company executives.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding executive compensation and alignment with company performance.

Key Dates