Valvoline CEO Lori Ann Flees Receives 25-Share Award

What Happened Lori Ann Flees, President & CEO and a director of Valvoline Inc. (VVV), was granted 25 deferred stock units on 2026-07-23 at a reported per-unit value of $38.31, for a total value of $958. The filing classifies this as an award/acquisition (derivative) under the company's Deferred Compensation Plan.

Key Details

• Transaction date and value: 2026-07-23; 25 units × $38.31 = $958.
• Transaction type: Award/Grant (derivative — deferred stock units acquired via salary deferral).
• Shares owned after transaction: Not stated in the provided filing.
• Filing timeliness: Reported on 2026-07-24 (one day after the transaction); no late filing indicated.
• Footnote highlights:
  • Each unit is a contingent right to receive one share upon distribution from the Valvoline 2016 Deferred Compensation Plan (F1).
  • Units were acquired through salary deferral (F2).
  • Units become payable on an unforeseeable emergency, or upon the reporting person's death, disability, or separation from service, per plan terms (F3).

Context These are deferred stock units (not immediately tradable shares). They represent a future contingent right to receive Valvoline common stock if and when plan distribution events occur, and are commonly used for tax or compensation-deferral purposes rather than as an immediate open-market purchase or sale.