Flees Lori Ann 4
4 · VALVOLINE INC · Filed Feb 20, 2026
Research Summary
AI-generated summary of this filing
Valvoline (VVV) CEO Lori Flees Receives 25-Share Award
What Happened
Lori Ann Flees, President & CEO and Director of Valvoline Inc. (VVV), was credited with 25 deferred stock units on 2026-02-19. The units are valued at $38.68 each (total ~$967) and are reported as an award/acquisition (transaction code A) on a Form 4 filed 2026-02-20. This was an award of deferred compensation units (a derivative), not an open-market purchase or sale of freely tradable shares.
Key Details
- Transaction date: 2026-02-19; reported on Form 4 filed 2026-02-20 (timely filing).
- Price/value: $38.68 per unit; total value approximately $967.
- Transaction type: Award/acquisition of derivative units (deferred stock units) — Form 4 code A.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes:
- Each unit is a contingent right to receive one share upon distribution under the Valvoline 2016 Deferred Compensation Plan (F1).
- Units were acquired via salary deferral (F2).
- Units convert to shares only upon an unforeseeable emergency, death, disability, or separation from service per plan terms (F3).
Context
Deferred stock units are not immediately tradable shares; they represent a future right to common stock subject to plan conditions and triggering events. Awards like this are routine elements of executive compensation and do not by themselves indicate a buy or sell signal in the open market.
Insider Transaction Report
- Award
Deferred Stock Units
[F1][F2][F3]2026-02-19$38.68/sh+25$967→ 15,327 total→ Common Stock (25 underlying)
Footnotes (3)
- [F1]Each unit represents a contingent right to receive one share of Valvoline common stock upon distribution from the Valvoline Inc. 2016 Deferred Compensation Plan for Employees (the "Deferred Compensation Plan").
- [F2]Represents the number of deferred stock units acquired by the reporting person under the Deferred Compensation Plan through salary deferral.
- [F3]Shares of Valvoline Common Stock become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Deferred Compensation Plan) or the Reporting Person's death, disability or separation from service, in accordance with the terms of the Deferred Compensation Plan.