Valero COO Gary Simmons gifts 4,000 shares
VALERO ENERGY CORP/TX (VLO) reported that Executive Vice President and Chief Operating Officer Gary K. Simmons made a bona fide gift transfer of 4,000 shares of common stock on September 16, 2026.
Rhea-AI Filing Summary
VALERO ENERGY CORP/TX (VLO) reported that Executive Vice President and Chief Operating Officer Gary K. Simmons made a bona fide gift transfer of 4,000 shares of common stock on September 16, 2026. Following this disposition, he directly holds 230,367 shares and also indirectly holds 13,302.80 shares in a thrift plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,000 shares gifted
Gift
1 txn
Insider
Simmons Gary K.
Role
EVP & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1 | 4,000 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 230,367 shares (Direct)
Footnotes (1)
- F1. The 230,367 amount does not include 13,302.80 shares indirectly held by the reporting person in a thrift plan.
Key Figures
Shares gifted: 4,000 shares
Transaction price per share: $0.00 per share
Direct holdings after transaction: 230,367 shares
+3 more
6 metrics
Shares gifted
4,000 shares
Bona fide gift of Valero common stock on September 16, 2026
Transaction price per share
$0.00 per share
Reported price for the gift transaction
Direct holdings after transaction
230,367 shares
Common stock directly held by Gary K. Simmons after the gift
Indirect holdings in thrift plan
13,302.80 shares
Common stock indirectly held by Gary K. Simmons in a thrift plan
Gift transactions reported
1 transaction
Gift disposition count in this Form 4
Total shares gifted
4,000 shares
Aggregate gift shares in this Form 4
Key Terms
bona fide gift, indirectly held, thrift plan
3 terms
bona fide gift financial
"The transaction code is described as a bona fide gift of common stock"
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.
indirectly held financial
"The 230,367 amount does not include 13,302.80 shares indirectly held"
thrift plan financial
"13,302.80 shares indirectly held by the reporting person in a thrift plan"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Valero Energy (VLO) report for Gary K. Simmons?
Valero reported that Gary K. Simmons made a bona fide gift of 4,000 shares of Valero common stock on September 16, 2026, at a reported price of $0.00 per share, consistent with a non-sale gift transfer.
Was the Valero (VLO) insider gift by Gary K. Simmons made under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not checked, and no footnote references a trading plan. The transaction is therefore reported without being identified as made under a Rule 10b5-1 plan.
What type of transaction code appears on this Valero (VLO) Form 4?
The transaction is coded G, which the filing identifies as a bona fide gift of common stock. It is classified as a disposition, not a market sale or purchase.
Does the Form 4 indicate any indirect holdings for Gary K. Simmons in Valero (VLO)?
Yes. A footnote explains that in addition to his direct holdings, Gary K. Simmons indirectly holds 13,302.80 shares of Valero common stock in a thrift plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.