Valero Energy (NYSE: VLO) EVP gifts 3,104 common shares
Rhea-AI Filing Summary
VALERO ENERGY CORP/TX (VLO) reported that executive officer Richard Joe Walsh, EVP & GC, made a bona fide gift of 3,104 shares of common stock on 2026-08-21. After this disposition, he directly holds 97,091 shares of Valero common stock, excluding 19,238.8247 shares he indirectly holds in a Thrift Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,104 shares
Net Sell
1 txn
Insider
Walsh Richard Joe
Role
EVP & GC
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 3,104 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 97,091 shares (Direct)
Footnotes (1)
- F1. The 97,091 amount does not include 19,238.8247 shares indirectly held by the reporting person in a Thrift Plan.
Key Figures
Shares gifted: 3,104 shares of Common Stock
Direct holdings after transaction: 97,091 shares of Common Stock
Indirect Thrift Plan holdings: 19,238.8247 shares
+1 more
4 metrics
Shares gifted
3,104 shares of Common Stock
Bona fide gift reported on 2026-08-21
Direct holdings after transaction
97,091 shares of Common Stock
Directly held by Richard Joe Walsh following the gift
Indirect Thrift Plan holdings
19,238.8247 shares
Indirectly held by Richard Joe Walsh in a Thrift Plan, excluded from 97,091 figure
Reported transaction price per share
$0.00 per share
Gift of 3,104 shares of Common Stock
Key Terms
bona fide gift, Thrift Plan, indirectly held
3 terms
bona fide gift financial
"transaction_code_description: "Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
Thrift Plan financial
"shares indirectly held by the reporting person in a Thrift Plan"
indirectly held financial
"19,238.8247 shares indirectly held by the reporting person"
FAQ
What insider transaction did VLO executive Richard Joe Walsh report?
Richard Joe Walsh reported a bona fide gift of 3,104 shares of Valero common stock on 2026-08-21, with no sale proceeds reported. The transaction is coded as a gift disposition of non-derivative common stock.
Was the VLO insider transaction by Richard Joe Walsh a purchase or sale?
The transaction was neither a market purchase nor a sale. It was reported as a bona fide gift (transaction code G), representing a disposition of 3,104 shares of Valero common stock at a reported price of $0.00 per share.
Was the Valero (VLO) insider transaction under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox is not checked (aff_10b5_one is false). There is no footnote stating the gift was made pursuant to a Rule 10b5-1 or other pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.