Valero director granted 939 stock units

Mullins Eric D. reported acquisition or exercise transactions in this Form 4 filing.

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Form Type

Rhea-AI Filing Summary

Mullins Eric D. reported acquisition or exercise transactions in this Form 4 filing.

Valero Energy Corporation director Eric D. Mullins reported an award of 939 stock units. Each unit represents the right to receive one share of common stock. The units are scheduled to vest at Valero’s 2027 annual meeting of stockholders and are subject to a one-year post-vesting holding requirement under the Stock Unit Award Agreement.

Insider Trade Summary

Grant/Award: 939 shares

Grant/Award 1 txn

Insider Mullins Eric D.

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Units	939	$0.00	$0.00

Holdings After Transaction: Stock Units — 939 contracts (Direct)

Footnotes (1)

F1. 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.

Key Figures

Stock units granted: 939 stock units Units held after grant: 939 stock units Unit-to-share ratio: 1 stock unit : 1 common share +2 more

5 metrics

Stock units granted 939 stock units Grant to director Eric D. Mullins on 2026-05-07

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

Unit-to-share ratio 1 stock unit : 1 common share Each stock unit represents right to one Valero common share

Vesting event 2027 annual meeting Units scheduled to vest at 2027 annual meeting of stockholders

Holding period One-year hold Post-vesting holding requirement under Stock Unit Award Agreement

Key Terms

Stock Units, Common Stock, annual meeting of stockholders, Stock Unit Award Agreement

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.

Common Stock financial

"Each stock unit represents a right to receive one share of common stock."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Valero Energy (VLO) director Eric D. Mullins report?

Eric D. Mullins reported receiving 939 stock units from Valero Energy. These stock units are a form of equity compensation, representing rights to receive common shares rather than an open-market purchase or sale of existing stock.

How many Valero Energy (VLO) stock units were granted to Eric D. Mullins?

Eric D. Mullins was granted 939 stock units. After this grant, his reported holdings in this stock unit award total 939 units, aligning one-for-one with potential future shares of Valero Energy common stock upon settlement.

When do Eric D. Mullins’s Valero Energy (VLO) stock units vest?

The 939 stock units are scheduled to vest at Valero Energy’s 2027 annual meeting of stockholders. Vesting means the director becomes entitled to the underlying shares, subject to the additional one-year holding requirement described in the award agreement.

What does each Valero Energy (VLO) stock unit granted to Eric D. Mullins represent?

Each stock unit represents the right to receive one share of Valero Energy common stock. This structure links director compensation to the company’s equity, aligning potential future value with the performance of Valero’s common shares over time.

Is there a holding requirement on Eric D. Mullins’s Valero Energy (VLO) stock units?

Yes. After vesting at the 2027 annual meeting, the stock units are subject to a one-year hold requirement. This means the resulting shares must generally be held for an additional year under the terms of the Stock Unit Award Agreement.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/11/2026 - 04:13 PM EDT

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^*

Mullins Eric D.

(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 Eric D. Mullins	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