SONSTEBY CHARLES M 4
Research Summary
AI-generated summary
Valvoline (VVV) Director Charles Sonsteby Receives RSU Award
What Happened Charles M. Sonsteby, a director of Valvoline Inc. (VVV), received an award of 4,300 restricted stock units (RSUs) on January 28, 2026. The grant is recorded as a derivative acquisition at $0.00 (no cash paid). The RSUs convert into Valvoline common stock on a one-for-one basis upon settlement.
Key Details
- Transaction date: 2026-01-28; Filing date (Form 4): 2026-01-29 (filed promptly).
- Award: 4,300 restricted stock units; grant price shown as $0.00 (derivative award, not an open‑market purchase).
- Plan: Annual award under the Valvoline Inc. 2026 Omnibus Incentive Plan.
- Vesting/settlement: RSUs vest and settle on the first anniversary of the grant date, unless the director elects to defer settlement until separation from service.
- Shares owned after transaction: Not specified in the provided filing.
- No sale or purchase of shares occurred — this is a compensation award, not a market trade.
Context Restricted stock unit awards are a common form of director compensation and do not represent an immediate cash outlay or market transaction. They simply represent a future delivery of shares (1:1 conversion on settlement) subject to vesting and any deferral elections. Such awards are routine and should be viewed as compensation rather than a direct signal of insider buying or selling.