R. Lane Riggs - Feb 26, 2025 Form 4 Insider Report for VALERO ENERGY CORP/TX (VLO)

Signature
/s/ Ethan A. Jones as Attorney-in-Fact for R. Lane Riggs
Stock symbol
VLO
Transactions as of
Feb 26, 2025
Transactions value $
-$2,434,283
Form type
4
Date filed
2/28/2025, 04:12 PM
Previous filing
Feb 12, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VLO Common Stock Award $0 +47.2K +14.62% $0.00 370K Feb 26, 2025 Direct F1
transaction VLO Common Stock Tax liability -$2.43M -18.6K -5.02% $131.20 351K Feb 26, 2025 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction VLO Performance Shares Award $0 +47.2K $0.00 47.2K Feb 26, 2025 Common Stock 47.2K $0.00 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Award of restricted common shares subject to time vesting.
F2 Shares withheld to satisfy tax obligation for restricted stock holdings.
F3 Pursuant to the terms of a Performance Share Agreement, the performance shares vest annually in one-third increments beginning in January 2026, payable in shares of common stock in amounts ranging from zero to 200 percent of the performance shares and as otherwise set forth in the agreement.