Valero (VLO) director awarded 939 stock units vesting at 2027 meeting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WILKINS RAYFORD JR reported acquisition or exercise transactions in this Form 4 filing.
Valero Energy Corporation director Rayford Wilkins Jr received a grant of 939 stock units on May 7, 2026. Each stock unit represents the right to receive one share of Valero common stock and was awarded as compensation.
The stock units are scheduled to vest at Valero’s 2027 annual meeting of stockholders, and are subject to a further one-year holding requirement under a Stock Unit Award Agreement. After this grant, Wilkins Jr holds 939 stock units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WILKINS RAYFORD JR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Units | 939 | $0.00 | -- |
Holdings After Transaction:
Stock Units — 939 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock units granted: 939 stock units
Total stock units after grant: 939 stock units
Grant price per unit: $0.0000 per unit
+2 more
5 metrics
Stock units granted
939 stock units
Grant to director on May 7, 2026
Total stock units after grant
939 stock units
Holdings following transaction
Grant price per unit
$0.0000 per unit
Non-cash stock unit award
Vesting event
2027 annual meeting
Scheduled vesting date for stock units
Post-vesting hold
1 year
Holding requirement after vesting
Key Terms
Stock Units, annual meeting of stockholders, Stock Unit Award Agreement, Form 4
4 terms
Stock Units financial
"Each stock unit represents a right to receive one share of common stock."
Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.
annual meeting of stockholders financial
"The stock units are scheduled to vest at Valero Energy Corporation's 2027 annual meeting of stockholders"
Stock Unit Award Agreement financial
"subject to a one-year hold requirement per the terms of a Stock Unit Award Agreement"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Valero Energy (VLO) director Rayford Wilkins Jr receive in this Form 4?
Rayford Wilkins Jr received a grant of 939 stock units as director compensation. Each unit represents a right to one share of Valero common stock, subject to vesting at the 2027 annual meeting and a one-year post-vesting holding requirement.
When do Rayford Wilkins Jr’s Valero (VLO) stock units vest?
The 939 stock units are scheduled to vest at Valero Energy Corporation’s 2027 annual meeting of stockholders. After vesting, a one-year holding requirement applies under the Stock Unit Award Agreement before the related shares can be freely transferred.
How many Valero (VLO) stock units does Rayford Wilkins Jr hold after this transaction?
Following the grant, Rayford Wilkins Jr holds a total of 939 stock units directly. These units are tied to Valero common stock, vest at the 2027 annual meeting, and remain subject to a one-year holding period after vesting under the award terms.
Is this Valero (VLO) Form 4 a stock purchase or a compensation grant?
This Form 4 reflects a compensation grant, not an open-market stock purchase. The 939 stock units were awarded at no cash cost as a grant, with each unit representing a future right to receive one Valero common share upon vesting and holding compliance.
What is a stock unit in the context of Valero (VLO) director compensation?
A stock unit is a right to receive one share of common stock at a later date, usually after vesting conditions are met. For Valero, each stock unit granted to the director equals one common share, vesting at the 2027 annual meeting with a one-year holding requirement.