Flees Lori Ann 4

What Happened Lori Ann Flees, President, CEO and a director of Valvoline Inc. (VVV), was granted 30 deferred stock units on May 14, 2026. The units are reported at $32.38 each, for a notional value of approximately $971. This transaction is an award/acquisition (transaction code A) of derivative units under the company's Deferred Compensation Plan rather than an open-market stock purchase.

Key Details

• Transaction date and filing: Grant dated 2026-05-14; Form 4 filed 2026-05-15.
• Price/value: 30 units @ $32.38 each = ~$971 total reported value.
• Transaction type: Award/Grant of deferred stock units (derivative), not an immediate share issuance.
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: Each unit is a contingent right to receive one share 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 shares upon an unforeseeable emergency, or the reporting person's death, disability or separation from service, per plan terms.
• Timeliness: Filing appears timely (filed the day after the grant); no late filing flag indicated.

Context This was a deferred-compensation award: the reporting person received contingent units (a derivative interest) rather than immediately tradable common stock. Such awards are common for executive compensation and are contingent on plan rules and future events, so they do not necessarily signal an immediate change in insider sentiment.