Flees Lori Ann 4

What Happened
Lori Ann Flees, President & CEO and a director of Valvoline Inc. (VVV), was granted/acquired 27 deferred stock units on March 5, 2026. The filing reports a per-unit value of $36.06, for a total reported value of $974. This was an award/acquisition under Valvoline’s Deferred Compensation Plan (a derivative award), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-05; Filing date: 2026-03-06 (timely).
• Transaction type/code: A (Grant/award or other acquisition); classified as a derivative acquisition.
• Units/shares: 27 deferred stock units @ $36.06 each; total reported value $974.
• Shares owned after transaction: not specified in the provided filing summary.
• Footnotes:
  • F1: Each unit is a contingent right to receive one share of Valvoline common stock upon distribution from the 2016 Deferred Compensation Plan.
  • F2: These units were acquired via salary deferral under the Deferred Compensation Plan.
  • F3: Units convert to payable shares only upon death, disability, separation from service, or an unforeseeable emergency per plan terms.

Context
These are deferred compensation units (derivative rights), meaning Flees did not receive immediately tradable shares. Such grants are common for executive compensation and do not by themselves indicate a buy or sell signal in the market.