Flees Lori Ann 4

What Happened

• Lori Ann Flees, President & CEO and Director of Valvoline Inc. (VVV), was granted/acquired 29 deferred stock units on 2026-04-02. The units are recorded at $33.33 each for a total value of approximately $967. This was an award/acquisition under the company's Deferred Compensation Plan (reported on Form 4 as code "A" — award/grant).

Key Details

• Transaction date and price: 2026-04-02; 29 units at $33.33 per unit (total ~$967).
• Security type: Deferred stock units (derivative interest) under the Valvoline Inc. 2016 Deferred Compensation Plan for Employees.
• Shares owned after the transaction: Not disclosed in the filing.
• Footnotes summary:
  • F1: Each unit is a contingent right to receive one share of Valvoline common stock upon distribution from the Deferred Compensation Plan.
  • F2: These units were acquired via salary deferral under the Plan.
  • F3: Units convert to payable shares only upon specified events (unforeseeable emergency, death, disability, or separation from service) per plan terms.
• Filing timing: Reported on 2026-04-03 for a 2026-04-02 transaction — appears to be filed promptly.

Context

• These are deferred compensation units (a derivative award), not an open-market purchase or immediate share issuance. They typically convert to actual shares only upon plan distribution events, so this transaction does not necessarily indicate immediate buying or selling intent by the insider.
• For retail investors, such awards are common executive compensation mechanics and are informational rather than a direct bullish/bearish trade signal.