4Accepted Sep 18, 12:45 PM ET
Valero (VLO) Director Matthew Audette Receives 372-Unit Award
Accepted (ET)
12:45 PM
Sep 18, 2026
Filed
Sep 18, 2026
Documents
1
Size
5.4 KB
Summary
Valero (VLO) Director Matthew Audette Receives 372-Unit Award
What Happened Matthew J. Audette, a director of Valero Energy Corp (VLO), received a grant of 372 stock units on September 17, 2026. The filing reports the acquisition as a derivative award at $0.00 per unit (total reported cash paid $0). This is an equity award (not a market purchase or sale) that gives a right to receive shares in the future rather than immediate share ownership.
Key Details
- Transaction date: 2026-09-17; filing date: 2026-09-18 (timely filing).
- Award: 372 stock units; acquisition price reported as $0.00.
- Footnote F1: Each stock unit represents a right to receive one share of common stock.
- Footnote F2: The stock units are scheduled to vest one year from the grant date (subject to vesting conditions).
- Shares owned after the transaction: not disclosed in the provided filing details.
- Transaction type: Award/Grant (derivative), code A.
Context Stock unit grants to directors are a common form of compensation and do not represent an immediate cash investment or sale. Because these units vest in one year and convert to shares only upon vesting, their ultimate value will depend on Valero’s stock price at that time and any applicable forfeiture or tax-withholding provisions. This filing is informational and does not by itself indicate a buy/sell signal.