Flees Lori Ann 4

What Happened

• Lori Ann Flees, President & CEO and a director of Valvoline Inc. (VVV), was granted/acquired 26 deferred stock units on February 5, 2026. The units are reported at $36.76 each, totaling about $956. The transaction is reported on Form 4 as an award/acquisition (Transaction Code A) and is a derivative interest (contingent rights to common stock), not an open-market purchase.

Key Details

• Transaction date and price: 2026-02-05; 26 units @ $36.76 each (total ~$956).
• Shares owned after transaction: filing does not disclose total post-transaction share ownership; this filing reports acquisition of 26 deferred stock units.
• Footnotes (summary):
  • Each unit is a contingent right to receive one share of Valvoline common stock upon distribution from the Valvoline 2016 Deferred Compensation Plan for Employees.
  • The units were acquired via salary deferral under the Deferred Compensation Plan.
  • Units convert to payable shares only upon an unforeseeable emergency or the reporting person’s death, disability, or separation from service, per plan terms.
• Filing timeliness: Reported on 2026-02-09 for a 2026-02-05 transaction; the Form 4 was filed within the SEC’s reporting window (no late filing indication).

Context

• This was a deferred-compensation grant (derivative award) rather than a cash purchase or sale. Such grants reflect compensation plan elections and are not the same as an immediate open-market buy or sell. They become payable only under the plan’s distribution events (e.g., separation or certain emergencies).