Valero (VLO) EVP & COO exercises performance shares and sells stock
Rhea-AI Filing Summary
Valero Energy (VLO) executive Gary K. Simmons, EVP & COO, reported multiple equity award settlements and stock transactions dated 01/21/2026. Previously granted performance share awards were settled into common stock in several tranches, resulting in the acquisition of 5,673, 2,165, 10,457 and 9,251 shares of Valero common stock at an exercise price of $0 per share.
On the same date, Simmons disposed of 10,882 shares of common stock at $190.33 per share in a transaction coded "F" and a further 8,330 shares at $190.33 per share in a transaction coded "D." After these transactions, he directly beneficially owned 227,057 shares of Valero common stock, and a footnote states this amount does not include 13,122.018 shares indirectly held in a thrift plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Shares | 3,036 | $0.00 | -- |
| Exercise | Performance Shares | 1,158 | $0.00 | -- |
| Exercise | Performance Shares | 4,997 | $0.00 | -- |
| Exercise | Performance Shares | 6,024 | $0.00 | -- |
| Exercise | Common Stock | 5,673 | $0.00 | -- |
| Exercise | Common Stock | 2,165 | $0.00 | -- |
| Exercise | Common Stock | 10,457 | $0.00 | -- |
| Exercise | Common Stock | 9,251 | $0.00 | -- |
| Tax Withholding | Common Stock | 10,882 | $190.33 | $2.07M |
| Disposition | Common Stock | 8,330 | $190.33 | $1.59M |
Footnotes (1)
- The 227,057 amount does not include 13,122.018 shares indirectly held by the reporting person in a thrift plan. Settlement of previously awarded performance shares at 175% of base pursuant to terms of a Performance Share Agreement. Settlement of previously granted performance shares at 200% of base pursuant to terms of a Performance Share Agreement. Settlement of previously awarded performance shares at 150% of base pursuant to terms of a Performance Share Agreement.
FAQ
What insider activity did Valero (VLO) EVP & COO Gary K. Simmons report?
Simmons reported settlements of previously awarded performance shares into Valero common stock and related acquisitions and dispositions of common shares on 01/21/2026.
What is Gary K. Simmons’ role at Valero Energy (VLO)?
Gary K. Simmons is reported as an officer of Valero Energy Corporation, serving as EVP & COO (Executive Vice President and Chief Operating Officer).