Flees Lori Ann 4

What Happened
Lori Ann Flees, President & CEO and a director of Valvoline Inc. (VVV), acquired 58 deferred stock units on April 30, 2026. The units were recorded at $33.23 each for a total value of about $1,927. The transaction is coded as an award/acquisition (A) and is reported as a derivative (deferred stock units), not an open-market purchase of common shares.

Key Details

• Transaction date: 2026-04-30; Form 4 filed: 2026-05-01 (filed next day; appears timely under Form 4 rules).
• Security: Deferred stock units under the Valvoline Inc. 2016 Deferred Compensation Plan for Employees.
• Quantity and value: 58 units × $33.23 = ~$1,927. Transaction code: A (award/acquisition); derivative classification.
• Shares owned following the transaction: not specified in the provided 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 by the reporting person via salary deferral under the Deferred Compensation Plan.
  • F3: Units convert to payable shares only upon an unforeseeable emergency, or the reporting person’s death, disability, or separation from service, per plan terms.

Context
This was a compensation-related deferral (deferred stock units) rather than a cash purchase or sale of shares. Deferred-unit awards are contingent rights to future shares and do not immediately increase the circulating share count. Such awards reflect a compensation election, not an open-market bullish or bearish trade.