Flees Lori Ann 4

What Happened Lori Ann Flees, President & CEO and Director of Valvoline Inc. (VVV), was granted 25 deferred stock units on 2026-06-11 at a reported per-unit value of $37.81, for a total value of $945. The transaction is reported as an award/acquisition (derivative units) under Valvoline’s Deferred Compensation Plan.

Key Details

• Transaction date: 2026-06-11; Form 4 filed 2026-06-12 (timely filing).
• Transaction type/code: Award/Grant (A) — 25 deferred stock units acquired at $37.81 each; total $945.
• Shares owned after transaction: not specified in the provided filing details.
• Footnotes:
  • F1: Each unit is a contingent right to one share upon distribution from the 2016 Deferred Compensation Plan.
  • F2: These units were acquired through salary deferral.
  • F3: Units convert to shares only upon certain events (unforeseeable emergency, death, disability, or separation from service) per plan terms.
• This is a derivative award (deferred units), not an immediate open-market purchase of tradable shares.

Context Deferred stock units represent future economic exposure to company stock but are typically non-transferable and not immediately sellable. Such grants are common for executive compensation and reflect deferral of salary or bonus into equity-linked units rather than an active market purchase or sale.