Evans Gerald 4
Research Summary
AI-generated summary
Valvoline (VVV) Director Gerald Evans Receives RSU Award
What Happened
- Gerald Evans, a director of Valvoline Inc. (VVV), received a grant of 4,300 restricted stock units (RSUs) on January 28, 2026. The filing lists the acquisition price as $0.00 (award/derivative), i.e., these were compensation awards rather than purchases. The RSUs convert one-for-one into Valvoline common stock when they vest/settle.
Key Details
- Transaction date: 2026-01-28; Filing date: 2026-01-29.
- Transaction type/code: Award/Grant (derivative RSUs), 4,300 units @ $0.00.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Relevant footnotes:
- F1: RSUs convert into Valvoline common stock on a one-for-one basis.
- F2: These RSUs represent the annual award under the Valvoline Inc. 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 indication this filing was late.
Context
- RSU grants are a standard form of director compensation and are not the same as an open-market purchase or sale. They give the recipient a future right to company shares (subject to vesting and any deferral elections) and should be interpreted as compensation rather than a direct signal of buying or selling intent.