Lori Ann Flees - May 1, 2025 Form 4 Insider Report for VALVOLINE INC (VVV)

Role
President & CEO, Director
Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Stock symbol
VVV
Transactions as of
May 1, 2025
Transactions value $
-$55,960
Form type
4
Date filed
5/5/2025, 04:19 PM
Previous filing
Apr 21, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Flees Lori Ann President & CEO, Director 100 VALVOLINE WAY, SUITE 100, LEXINGTON /s/ Ian C. Lofwall, Attorney-in-Fact 2025-05-05 0001924613

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VVV Common Stock Options Exercise +5.46K +13.71% 45.3K May 2, 2025 Direct F1
transaction VVV Common Stock Tax liability -$57.7K -1.7K -3.75% $33.99 43.6K May 2, 2025 Direct

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 Deferred Stock Units Award $1.79K +53 +0.55% $33.76 9.63K May 1, 2025 Common Stock 53 Direct F2, F3, F4
transaction VVV Units Options Exercise $0 -5.46K -100% $0.00 0 May 2, 2025 Common Stock 5.46K Direct F1, F5
* 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 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").
F3 Represents the number of deferred stock units acquired by the reporting person under the Deferred Compensation Plan through salary deferral.
F4 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.
F5 The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.