Valero Energy (VLO) director Deborah Majoras receives 939 stock units award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Majoras Deborah P reported acquisition or exercise transactions in this Form 4 filing.

Valero Energy Corporation director Deborah P. Majoras received a grant of 939 stock units as equity compensation. Each stock unit represents the right to receive one share of Valero common stock. These units are scheduled to vest at Valero’s 2027 annual meeting of stockholders and are then subject to a one-year holding requirement under the Stock Unit Award Agreement. After this grant, Majoras holds 939 stock units directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Majoras Deborah P

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)

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Key Figures

Stock units granted: 939 units Price per unit: $0.00 per unit Units after transaction: 939 units +1 more

4 metrics

Stock units granted 939 units Equity award to director on 2026-05-07

Price per unit $0.00 per unit Compensation grant, no purchase price

Units after transaction 939 units Total stock units held directly following grant

Underlying common stock 939 shares Each stock unit equals one share of common stock

Key Terms

Stock Units, vest, 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.

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.

Stock Unit Award Agreement financial

"subject to a one-year hold requirement per the terms of a Stock Unit Award Agreement"

Form 4 regulatory

"What did Valero Energy (VLO) director Deborah P. Majoras report on this 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.

Form 4 Insider Transactions: What Each Field Means →

05/11/2026 - 04:12 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Majoras Deborah P

(Last)

(First)

(Middle)

P.O. BOX 696000

(Street)

SAN ANTONIO

TEXAS

78269-6000

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
VALERO ENERGY CORP/TX [ VLO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Stock Units	⁽¹⁾	05/07/2026		A		939		⁽¹⁾	⁽¹⁾	Common Stock	939	⁽¹⁾	939	D

Explanation of Responses:

1. Each stock unit represents a right to receive one share of common stock. The stock units are scheduled to vest at Valero Energy Corporation's 2027 annual meeting of stockholders, subject to a one-year hold requirement per the terms of a Stock Unit Award Agreement.

Remarks:

	/s/ Ethan A. Jones as Attorney-in-Fact for Deborah P. Majoras	05/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Valero Energy (VLO) director Deborah P. Majoras report on this Form 4?

Deborah P. Majoras reported receiving 939 stock units as an equity award. The units are a form of compensation, not an open-market purchase or sale, and entitle her to receive an equivalent number of Valero common shares upon vesting and settlement.

How many Valero Energy (VLO) stock units were granted to Deborah P. Majoras?

She was granted 939 stock units in this transaction. Each unit corresponds to one share of Valero common stock, giving her a right to receive 939 shares in the future, subject to vesting and the award’s holding and settlement terms.

When do Deborah P. Majoras’s Valero (VLO) stock units vest?

The 939 stock units are scheduled to vest at Valero Energy Corporation’s 2027 annual meeting of stockholders. Vesting means the award becomes earned, after which the units remain subject to an additional one-year holding requirement under the Stock Unit Award Agreement.

Does this Valero (VLO) Form 4 show a stock purchase or sale by Deborah P. Majoras?

No, the Form 4 shows a grant of 939 stock units as compensation, not a market trade. The transaction code is “A,” indicating an award or other acquisition, with no cash purchase price and no open-market buying or selling activity disclosed here.

What does each Valero (VLO) stock unit granted to Deborah P. Majoras represent?

Each stock unit represents a right to receive one share of Valero common stock. Once the units vest at the 2027 annual meeting and satisfy the one-year holding requirement, they can be settled in shares according to the terms of the Stock Unit Award Agreement.