Valvoline (VVV) CEO Lori Ann Flees Receives Award of 28 Deferred Units

What Happened
Lori Ann Flees, President & CEO and a director of Valvoline Inc. (VVV), was granted 28 deferred stock units on August 20, 2026. The units are reported at a per-unit value of $33.81, for a total reported value of $947. This was an award/acquisition (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-08-20; Filing date: 2026-08-21 (filed within required Form 4 timeframe).
• Reported amount: 28 deferred stock units at $33.81 each; total value $947.
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes:
  • F1: Each unit is a contingent right to one share of VVV common stock upon distribution from the Valvoline 2016 Deferred Compensation Plan.
  • F2: Units were acquired via salary deferral under the Deferred Compensation Plan.
  • F3: Units convert to shares only upon an unforeseeable emergency, or the reporting person’s death, disability, or separation from service, per plan terms.

Context
These are deferred compensation units (derivative/contingent rights) rather than immediately transferable shares. They do not represent an immediate cash purchase or sale and will convert to stock only if and when distribution events in the plan occur. Filing was timely, and the transaction is routine compensation deferral activity rather than a market trade.