Valero Energy (NYSE: VLO) director granted 939 stock units as equity pay

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Greene Kimberly S, reported acquisition or exercise transactions in this Form 4 filing.

Valero Energy Corporation director Kimberly S. Greene received a compensation-related equity award. She was granted 939 stock units, each representing the right to receive one share of Valero common stock. Following this grant, she holds 939 stock units directly.

The stock units are scheduled to vest at Valero’s 2027 annual meeting of stockholders and are subject to a one-year holding requirement under the Stock Unit Award Agreement. This is a routine director grant rather than an open-market share purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Greene Kimberly S,

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 Units after transaction: 939 stock units Exercise price: $0.00 per unit +1 more

4 metrics

Stock units granted 939 stock units Director equity award on 2026-05-07

Units after transaction 939 stock units Total stock units held following award

Exercise price $0.00 per unit Compensation award, not purchased in market

Transaction code A Grant, award, or other acquisition

Key Terms

Stock Units, vest, Stock Unit Award Agreement, Grant, award, or other acquisition

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"

Grant, award, or other acquisition regulatory

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

05/11/2026 - 04:10 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^*

Greene Kimberly S,

(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 Kimberly S. Greene	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 Valero Energy (VLO) report for Kimberly S. Greene?

Valero reported that director Kimberly S. Greene received an award of 939 stock units as compensation. Each unit represents the right to receive one share of common stock, subject to vesting and a holding requirement tied to the 2027 annual meeting.

How many Valero Energy (VLO) stock units were granted to Kimberly S. Greene?

Kimberly S. Greene was granted 939 stock units. After this grant, her total holding in this form is 939 stock units, reflecting a single compensation award rather than multiple transaction events or open-market purchases.

When do Kimberly S. Greene’s Valero (VLO) stock units vest?

The granted stock units are scheduled to vest at Valero Energy Corporation’s 2027 annual meeting of stockholders. Vesting is also paired with a one-year holding requirement, which delays full liquidity even after the vesting date is reached.

What does each Valero (VLO) stock unit granted to Kimberly S. Greene represent?

Each stock unit represents a right to receive one share of Valero common stock. This right becomes effective upon vesting at the 2027 annual meeting and is further constrained by a one-year hold requirement under the Stock Unit Award Agreement.

Is Kimberly S. Greene’s Valero (VLO) Form 4 transaction an open-market trade?

No. The Form 4 shows a grant coded as an award acquisition, not an open-market trade. The 939 stock units are part of director compensation and carry vesting and holding restrictions rather than reflecting active buying or selling in the market.