Form 4: Valvoline Inc. Executive Lori Ann Flees Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Lori Ann Flees, President & CEO of Valvoline Inc., reports the acquisition of 51 deferred stock units through salary deferral under the company's Deferred Compensation Plan.
Summary
- On March 6, 2025, Lori Ann Flees, President & CEO of Valvoline Inc., acquired 51 deferred stock units.
- These units were acquired 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.
- Shares of Valvoline Common Stock become payable in respect of the units upon the event of an unforeseeable emergency, death, disability or separation from service.
- The price of the underlying common stock was $35.23.
- Following the reported transaction, Ms. Flees beneficially owns 9,420 shares of Valvoline common stock.
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 distributed as Valvoline common stock upon the occurrence of an unforeseeable emergency, death, disability, or separation from service, according to the terms of the Deferred Compensation Plan.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and beneficial ownership, providing transparency to investors regarding the holdings of company insiders. It is standard practice for executives to receive stock-based compensation, aligning their interests with those of shareholders.
Stakeholder Impact
- Shareholders are informed about changes in beneficial ownership by a key executive.
- The filing provides transparency regarding executive compensation practices.
Key Dates
| Date | Description |
|---|---|
| 03/06/2025 | Date of transaction: Lori Ann Flees acquired 51 deferred stock units. |
| 03/07/2025 | Date of signature: Report signed by Ian C. Lofwall, Attorney-in-Fact. |
Keywords
Valvoline, Lori Ann Flees, deferred stock units, Form 4, executive compensation, beneficial ownership, salary deferral, Deferred Compensation Plan
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