Robert Travis Dobbins - Feb 28, 2025 Form 4 Insider Report for VALVOLINE INC (VVV)

Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Stock symbol
VVV
Transactions as of
Feb 28, 2025
Transactions value $
-$9,404
Form type
4
Date filed
3/3/2025, 04:12 PM
Previous filing
Dec 12, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VVV Common Stock Options Exercise $0 +710 +4.75% $0.00 15.7K Feb 28, 2025 Direct F1
transaction VVV Common Stock Tax liability -$9.4K -255 -1.63% $36.88 15.4K Feb 28, 2025 Direct
holding VVV Common Stock 1.95K Feb 28, 2025 By 401(k) Plan 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 VVV Restricted Stock Units Options Exercise $0 -710 -50% $0.00 710 Feb 28, 2025 Common Stock 710 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into Valvoline common stock on a one-for-one basis.
F2 Represents the approximate number of shares of Valvoline common stock held by the Reporting Person in the Valvoline 401(k) Plan based on the closing price of Valvoline common stock on the earliest Transaction Date.
F3 The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.