Form 4: Valvoline Inc. Executive Dione Sturgeon Reports Stock Transactions
SEC Form 4 Filing
Dione Sturgeon, Chief Accounting Officer of Valvoline Inc., reports the acquisition and disposal of common stock and restricted stock units on March 1, 2024.
Summary
- On March 1, 2024, Dione Sturgeon, Chief Accounting Officer of Valvoline Inc., engaged in transactions involving the company's stock.
- Sturgeon acquired 286 shares of common stock upon the vesting of restricted stock units at a price of $43.17.
- Concurrently, Sturgeon disposed of 105 shares of common stock at $43.17.
- Following these transactions, Sturgeon directly owns 3,289 shares of Valvoline Inc. common stock and 1,404 restricted stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports stock transactions by an executive, which is a routine occurrence. There is no indication of positive or negative sentiment towards the company's prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of management's perspective on the company's valuation and future prospects.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of stock transactions (acquisition and disposal of shares and vesting of restricted stock units). |
| 03/04/2024 | Date of signature for the Form 4 filing. |
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