Flees Lori Ann 4
4 · VALVOLINE INC · Filed Jun 26, 2026
Research Summary
AI-generated summary of this filing
Valvoline (VVV) CEO Lori Flees Receives Award of 24 Shares
What Happened
Lori Ann Flees, President & CEO and a Director of Valvoline Inc. (VVV), acquired 24 deferred stock units on June 25, 2026. The units were recorded at $39.72 each for a total value of about $953. This was an award/acquisition of deferred compensation units (derivative), not an open-market purchase of immediately tradable shares.
Key Details
- Transaction date and price: 2026-06-25 at $39.72 per unit; total value ≈ $953.
- Transaction type: Award/acquisition of deferred stock units (reported as a derivative acquisition).
- How acquired: Deferred stock units obtained under the Valvoline Inc. 2016 Deferred Compensation Plan via salary deferral.
- Payability: Units represent contingent rights to receive common stock upon distribution events (unforeseeable emergency, death, disability, or separation from service) per the plan.
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Filing timeliness: Report filed on 2026-06-26 for a 2026-06-25 transaction (appears timely).
Context
These are deferred stock units (not immediate shares) that become payable only upon certain events or separation from service, so they do not represent an immediate purchase of marketable shares. Such awards are a common part of executive compensation and do not necessarily indicate buying or selling sentiment.
Insider Transaction Report
- Award
Deferred Stock Units
[F1][F2][F3]2026-06-25$39.72/sh+24$953→ 15,577 total→ Common Stock (24 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.