Form 4: Valvoline Inc. President & CEO Lori Ann Flees Reports Stock Transactions
SEC Form 4 Filing
Lori Ann Flees, President & CEO of Valvoline Inc., reports the disposition of shares and acquisition of deferred stock units.
Summary
- On May 2, 2024, Lori Ann Flees, President & CEO of Valvoline Inc., engaged in transactions involving Valvoline common stock.
- She disposed of 5,461 shares of common stock and 1,699 shares at a price of $42.54.
- She also acquired 41 deferred stock units under the Valvoline Inc. 2016 Deferred Compensation Plan for Employees.
- Following these transactions, Ms. Flees beneficially owns 18,180 shares of common stock and 5,081 deferred stock units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency to investors regarding insider activity.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in insider ownership.
Key Dates
| Date | Description |
|---|---|
| 05/02/2024 | Date of stock transactions (disposal of shares and acquisition of deferred stock units). |
| 05/03/2024 | Date of signature for the Form 4 filing. |
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