Flees Lori Ann 4
4 · VALVOLINE INC · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
Valvoline (VVV) CEO Lori Flees Receives Deferred Stock Award
What Happened
Lori Ann Flees, President & CEO and a director of Valvoline Inc. (VVV), received a grant of 28 deferred stock units on 2026-05-28. The units are recorded at $34.18 each for a total value of approximately $957. The transaction is reported as an award/acquisition (derivative units) under the company’s Deferred Compensation Plan rather than an open‑market purchase of common shares.
Key Details
- Transaction date: 2026-05-28; Form 4 filed 2026-05-29 (timely).
- Type: Grant/Award (code A); 28 deferred stock units @ $34.18 = ~$957.
- Shares owned after 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 via salary deferral under the Deferred Compensation Plan.
- F3: Units convert to shares upon an unforeseeable emergency, the reporting person’s death, disability, or separation from service per plan terms.
- Filing timeliness: Appears timely (no late‑filing indicator).
Context
These are deferred compensation units (derivative rights), not immediate common stock; they typically convert to shares only on certain events and are often part of routine executive compensation. Such awards are common and do not necessarily indicate an immediate bullish or bearish view by the insider.
Insider Transaction Report
- Award
Deferred Stock Units
[F1][F2][F3]2026-05-28$34.18/sh+28$957→ 15,528 total→ Common Stock (28 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.