Valero (VLO) director Robert Reymond granted 939 stock units as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Reymond Robert L reported acquisition or exercise transactions in this Form 4 filing.
Valero Energy Corporation director Robert L. Reymond reported a routine equity compensation grant. He received 939 stock units, each representing the right to receive one share of Valero common stock at no cash cost.
The 939 stock units are scheduled to vest at Valero’s 2027 annual meeting of stockholders, and are subject to a one-year holding requirement under a Stock Unit Award Agreement. Following this grant, Reymond holds 939 stock units directly, reflecting compensation rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Reymond Robert L
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
Underlying common shares: 939 shares
Price per unit: $0.00 per unit
+1 more
4 metrics
Stock units granted
939 stock units
Grant to director Robert L. Reymond on 2026-05-07
Underlying common shares
939 shares
Each unit equals one share of common stock
Price per unit
$0.00 per unit
Equity award, no cash paid by director
Post-transaction holdings
939 stock units
Total stock units held directly after grant
Key Terms
Stock Units, Stock Unit Award Agreement, vest
3 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.
Stock Unit Award Agreement financial
"subject to a one-year hold requirement per the terms of a Stock Unit Award Agreement."
vest financial
"The stock units are scheduled to vest at Valero Energy Corporation's 2027 annual meeting of stockholders"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did Valero Energy (VLO) director Robert L. Reymond report?
Director Robert L. Reymond reported receiving 939 stock units as an equity award. Each unit represents the right to receive one share of Valero common stock, reflecting routine director compensation rather than an open-market stock purchase or sale.
How many Valero (VLO) stock units did Robert L. Reymond hold after this Form 4 transaction?
After the transaction, Robert L. Reymond held 939 stock units directly. These units correspond to 939 underlying shares of Valero common stock, as each stock unit represents a right to receive one share upon vesting and satisfaction of plan terms.
What are the vesting terms of the 939 Valero (VLO) stock units granted to Robert L. Reymond?
The 939 stock units are scheduled to vest at Valero’s 2027 annual meeting of stockholders. After vesting, they remain subject to a one-year hold requirement under the applicable Stock Unit Award Agreement before the underlying shares can be freely transferred.
What does each Valero (VLO) stock unit granted to Robert L. Reymond represent?
Each stock unit represents a right to receive one share of Valero common stock. These units function as deferred equity compensation, converting into actual shares after they vest at the 2027 annual meeting and satisfy the one-year post-vesting holding requirement.