Slater Jennifer Lynn 4
Research Summary
AI-generated summary
Valvoline (VVV) Director Jennifer Slater Receives RSU Award
What Happened
Jennifer Lynn Slater, 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), meaning this was a compensation grant rather than an open-market purchase or sale. Per the filing, each RSU converts into one share of Valvoline common stock on a one-for-one basis.
Key Details
- Transaction date: 2026-01-28; Filing date: 2026-01-29 (timely filing).
- Transaction type/code: Award/Grant (A).
- Quantity: 4,300 restricted stock units; grant price reported $0.00.
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnotes: (F1) RSUs convert 1-for-1 into common stock; (F2) represents annual director 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 of a sale, purchase, 10b5-1 plan, or tax-withholding sale in this filing.
Context
RSU awards are a common form of director compensation and do not represent an immediate cash outlay or open-market buy/sell. They become stock only upon vesting/settlement (here, typically one year later), which is when tax consequences and actual share ownership occur. For retail investors, grants signal company compensation policy and alignment incentives but are not the same signal as an insider buying or selling stock in the market.