4/A: Valvoline Inc. Executive Corrects Stock Unit Transaction Reporting

Dione Sturgeon, Chief Accounting Officer of Valvoline Inc., files an amended Form 4 to correct a previous report regarding the disposition of restricted stock units.

Summary

• Dione Sturgeon, Chief Accounting Officer of Valvoline Inc., filed an amended Form 4 with the SEC.
• The amendment corrects a previous report filed on April 2, 2024, regarding a transaction that occurred on April 1, 2024.
• The original Form 4 inadvertently reported the acquisition of 276 restricted stock units.
• The amended form reflects the disposition of these restricted stock units and corrects the number of restricted stock units held immediately following the vesting transaction.
• Following the transaction, Sturgeon directly owns 278 restricted stock units.

Sentiment

Score: 7

Explanation: The document is a routine correction of a reporting error, which is neutral to slightly positive as it demonstrates transparency and adherence to regulatory requirements.

Negatives

• The original Form 4 contained an error, misreporting the acquisition of restricted stock units instead of their disposition.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Amendments, like this one, are sometimes necessary to correct errors and ensure accurate reporting.

Key Dates

Keywords

Form 4, Amendment, Restricted Stock Units, Disposition, Valvoline, Sturgeon, SEC Filing, Beneficial Ownership