Form 4: Valvoline Inc. Executive Acquires Deferred Stock Units

Lori Ann Flees, President & CEO of Valvoline Inc., reports acquisition of deferred stock units.

Summary

• On March 7, 2024, Lori Ann Flees, President & CEO of Valvoline Inc., acquired 40 deferred stock units.
• These units represent a contingent right to receive one share of Valvoline common stock upon distribution from the Valvoline Inc. 2016 Deferred Compensation Plan for Employees.
• The price of the stock at the time of the transaction was $43.6.
• Following the reported transaction, Ms. Flees beneficially owns 4,920 derivative securities.
• 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. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Future Outlook

The deferred stock units will be payable upon the event of an unforeseeable emergency, death, disability, or separation from service, in accordance with the terms of the Deferred Compensation Plan.

Industry Context

This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It provides transparency into the holdings of company executives.

Key Dates