Freeland Richard Joseph 4
Research Summary
AI-generated summary
Valvoline (VVV) Director Richard Freeland Receives 4,300 RSU Award
What Happened Richard (Richard Joseph) Freeland, a director of Valvoline Inc. (VVV), was granted 4,300 restricted stock units (RSUs) on 2026-01-28. The award is reported at a $0.00 acquisition price (derivative grant). This is an annual compensation award rather than a market purchase or sale.
Key Details
- Transaction date: 2026-01-28; Form 4 filed 2026-01-29 (timely filing).
- Transaction type: Award/Grant (code A); 4,300 RSUs; reported price $0.00.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: F1 — RSUs convert one-for-one into Valvoline common stock; F2 — represents annual award under the 2026 Omnibus Incentive Plan; F3 — RSUs vest and settle on the first anniversary of the grant date unless the director elects to defer settlement until separation from service.
- No tax-withholding, sale, or cash exercise reported in this transaction.
Context RSUs are a form of deferred equity compensation that convert into company shares at vesting; they require no immediate cash outlay by the recipient. Because this is a routine director award (not a purchase or sale), it should be viewed as compensation rather than a direct signal of insider buying or selling.