Valero Energy (VLO) SVP Eric Fisher reports open-market sale of 8,711 shares

Rhea-AI Filing Summary

Valero Energy senior vice president Eric A. Fisher reported open-market sales of a total of 8,711 shares of common stock. On March 11, 2026, he sold 8,311 directly owned shares at an average price of $227.6901 per share, leaving 42,242 directly held shares.

On March 12, 2026, two trusts associated with him, the John Fisher Trust and the Andrew Fisher Trust, each sold 200 indirectly held shares at prices of $238.7290 and $238.4705 per share, respectively, with no remaining holdings reported for those trusts after the transactions.

A footnote notes that the 42,242 directly held shares do not include 1,083.877 shares indirectly held in a thrift plan, which remain in addition to his direct position.

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

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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^*

Fisher Eric A

(Last) (First) (Middle)

P.O. BOX 696000

(Street)

SAN ANTONIO TX 78269-6000

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/11/2026		S		8,311	D	$227.6901	42,242(1)	D
Common Stock	03/12/2026		S		200	D	$238.729	0	I	By John Fisher Trust
Common Stock	03/12/2026		S		200	D	$238.4705	0	I	By Andrew Fisher Trust

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The 42,242 amount does not include 1,083.877 shares indirectly held by the reporting person in a thrift plan.

Remarks:

	/s/ Ethan A. Jones as Attorney-in-Fact for Eric A. Fisher	03/12/2026
	** 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.

FAQ

What insider transaction did Valero Energy (VLO) report for Eric A. Fisher?

Eric A. Fisher reported net selling of 8,711 shares of Valero Energy common stock. This included a large direct sale and smaller sales by two associated trusts over two days.

How many Valero Energy (VLO) shares did Eric A. Fisher sell directly?

Eric A. Fisher sold 8,311 directly owned Valero Energy shares. These shares were sold on March 11, 2026 at an average price of $227.6901 per share in an open-market transaction.

What trust-related sales were disclosed in the Valero (VLO) Form 4 filing?

Two trusts associated with Eric A. Fisher each sold 200 Valero Energy shares. The John Fisher Trust and Andrew Fisher Trust sold at prices around $238 per share, with no remaining holdings reported afterward.

How many Valero Energy (VLO) shares does Eric A. Fisher hold after these transactions?

After the reported sales, Eric A. Fisher holds 42,242 Valero Energy shares directly. A footnote adds he also indirectly holds 1,083.877 shares in a thrift plan, separate from his direct position.

Were the reported Valero (VLO) insider transactions open-market sales?

Yes, the Form 4 describes all three transactions as open-market sales. Each sale is coded “S,” indicating sales in the open market or private transactions at disclosed per-share prices.