Flees Lori Ann 4
4 · VALVOLINE INC · Filed Jul 10, 2026
Research Summary
AI-generated summary of this filing
Valvoline (VVV) CEO Lori Ann Flees Receives 25-Share Award
What Happened
Lori Ann Flees, President & CEO and Director of Valvoline Inc. (VVV), was granted 25 deferred stock units on July 9, 2026. The units are reported at $37.98 each for a notional value of $949. The filing classifies this as an award/acquisition (transaction code A) and a derivative grant rather than an open-market purchase of common shares.
Key Details
- Transaction date: 2026-07-09; filing date (accession): 2026-07-10 — filing appears timely.
- Amount: 25 deferred stock units @ $37.98 = $949 (derivative award).
- Shares owned after transaction: Not specified in the provided filing.
- Nature of award: Units are contingent rights to receive common stock upon distribution from the Valvoline 2016 Deferred Compensation Plan (see footnotes).
- Source: Footnote indicates units were acquired through salary deferral (F2) and become payable upon unforeseeable emergency, death, disability, or separation from service in accordance with the plan (F1, F3).
Context
This was a deferred-compensation award (deferred stock units), not a cash purchase or sale of shares. Deferred units are bookkeeping rights that convert to actual shares (or cash equivalent) only upon certain plan events or termination conditions; they do not necessarily indicate an immediate change in voting power or open-market exposure.
Insider Transaction Report
- Award
Deferred Stock Units
[F1][F2][F3]2026-07-09$37.98/sh+25$949→ 15,602 total→ Common Stock (25 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.