Valero Energy (NYSE: VLO) director receives 939 stock units vesting in 2027

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

EBERHART PAULETT reported acquisition or exercise transactions in this Form 4 filing.

Valero Energy director Paulett Eberhart received an award of 939 stock units as compensation. Each stock unit represents the right to receive one share of Valero common stock at a future date, with no purchase price paid at grant.

The 939 stock 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. Following this grant, Eberhart holds 939 stock units directly, reflecting a routine, compensation-related equity award rather than an open-market trade.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider EBERHART PAULETT

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 stock units Transaction price per unit: $0.0000 per unit Units held after grant: 939 stock units +1 more

4 metrics

Stock units granted 939 stock units Grant to director Paulett Eberhart on 2026-05-07

Transaction price per unit $0.0000 per unit Grant price for 939 stock units

Units held after grant 939 stock units Total direct derivative holdings after transaction

Vesting event 2027 annual meeting Scheduled vesting of granted stock units

Key Terms

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

Stock Unit Award Agreement financial

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

annual meeting of stockholders regulatory

"scheduled to vest at Valero Energy Corporation's 2027 annual meeting of stockholders"

Form 4 regulatory

"The transaction is reported as a routine equity award on 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 - 04:06 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^*

EBERHART PAULETT

(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 H. Paulett Eberhart	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 insider transaction did Paulett Eberhart report on Valero Energy (VLO) shares?

Paulett Eberhart reported receiving 939 stock units of Valero Energy as a compensation award. These units are derivative rights to common stock, not an open-market purchase or sale, and are documented as a routine grant on the insider ownership Form 4.

How many Valero Energy (VLO) stock units were granted to Paulett Eberhart?

Paulett Eberhart was granted 939 stock units linked to Valero Energy common stock. After this award, her reported direct holdings in these stock units total 939, indicating this filing reflects a single new grant rather than multiple transactions or sales.

What does each Valero Energy (VLO) stock unit granted to Paulett Eberhart represent?

Each stock unit granted to Paulett Eberhart represents the right to receive one share of Valero common stock. The units are a form of equity-based compensation, delivered without a purchase price at grant and settled in common shares when vesting conditions are satisfied.

When do Paulett Eberhart’s Valero Energy (VLO) stock units vest?

Eberhart’s 939 Valero Energy stock units are scheduled to vest at the company’s 2027 annual meeting of stockholders. After vesting, they remain subject to a one-year holding requirement under the Stock Unit Award Agreement, extending the effective holding period for this equity award.

Is Paulett Eberhart’s Form 4 for Valero Energy (VLO) an open-market trade?

No, the Form 4 reflects a grant of 939 stock units as compensation, not an open-market buy or sell. The transaction code is “A” for a grant or award, with a reported price of 0.0000 per unit, indicating no cash consideration was paid.

How many Valero Energy (VLO) stock units does Paulett Eberhart hold after this grant?

Following the reported grant, Paulett Eberhart holds 939 stock units directly. This total matches the amount awarded in the transaction, showing that these units constitute her entire reported derivative holding in this filing, with no remaining unreported options or units disclosed.