Valvoline (VVV) SVP details stock and equity awards

Rhea-AI Filing Summary

Valvoline Inc. executive Adam C. Worsham, SVP and Chief Franchising Officer, has filed an initial statement of beneficial ownership. He directly holds 6,765 shares of Valvoline common stock and indirectly holds 1,279 shares through the Valvoline 401(k) Plan.

He also holds restricted stock units covering 604, 1,207 and 2,380 shares for fiscal years 2024, 2025 and 2026, plus 7,720 additional restricted stock units, which vest in three equal annual installments and convert into common stock on a one-for-one basis. Stock appreciation rights cover 3,790, 4,570, 5,610 and 12,100 shares at exercise prices of $34.94, $38.56, $31.62 and $38.43, with vesting spread over the first three anniversaries of the grant dates and expirations between 2033 and 2035.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Worsham Adam C.

(Last) (First) (Middle)

100 VALVOLINE WAY

SUITE 100

(Street)

LEXINGTON KY 40509

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/28/2026

3. Issuer Name and Ticker or Trading Symbol
VALVOLINE INC [ VVV ]

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

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

5. 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 Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	6,765	D
Common Stock	1,279(1)	I	By 401(k) Plan

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
FY 2024 Restricted Stock Units	(2)	(2)	Common Stock	604	(3)	D
FY 2025 Restricted Stock Units	(2)	(2)	Common Stock	1,207	(3)	D
FY 2026 Restricted Stock Units	(2)	(2)	Common Stock	2,380	(3)	D
Restricted Stock Units	(2)	(2)	Common Stock	7,720	(3)	D
FY 2024 Stock Appreciation Rights	(4)	11/16/2033	Common Stock	3,790	$34.94	D
FY 2025 Stock Appreciation Rights	(4)	11/21/2034	Common Stock	4,570	$38.56	D
FY 2026 Stock Appreciation Right	(4)	11/25/2035	Common Stock	5,610	$31.62	D
Stock Appreciation Right	(4)	09/02/2035	Common Stock	12,100	$38.43	D

Explanation of Responses:

1. Represents the approximate number of shares of Valvoline common stock held by the Reporting Person in the Valvoline 401(k) Plan based on the closing price of Valvoline common stock on the earliest Transaction Date.

2. The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.

3. Restricted stock units convert into Valvoline common stock on a one-for-one basis.

4. Fifty percent (50%) of the Stock Appreciation Rights vested on the first anniversary of the grant date and 25% vested on each of the second and third anniversaries of the grant date.

Remarks:

	/s/ Ian C. Lofwall, Attorney-in-Fact	02/10/2026
	** 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 5 (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

Who is the reporting insider in Valvoline (VVV)'s latest Form 3 filing?

The reporting insider is Adam C. Worsham, Valvoline’s SVP and Chief Franchising Officer. The Form 3 records his initial beneficial ownership in Valvoline common stock, restricted stock units, and stock appreciation rights as of the reported event date.

How many Valvoline (VVV) common shares does Adam C. Worsham hold?

Adam C. Worsham holds 6,765 shares of Valvoline common stock directly and 1,279 shares indirectly through the Valvoline 401(k) Plan. These positions represent his current reported non-derivative equity stake in the company at the time of the filing.

What restricted stock units does the Valvoline (VVV) executive report on Form 3?

The executive reports FY 2024, 2025, and 2026 restricted stock units covering 604, 1,207 and 2,380 shares, plus 7,720 additional units. They vest in three equal annual installments starting on the first anniversary of the grant date and convert one-for-one into common stock.

How do Adam C. Worsham’s Valvoline (VVV) restricted stock units convert to shares?

The filing states that restricted stock units convert into Valvoline common stock on a one-for-one basis. This means each vested unit turns into one share, aligning the executive’s potential future ownership directly with the company’s equity performance.

What stock appreciation rights are disclosed for the Valvoline (VVV) executive?

He holds stock appreciation rights on 3,790, 4,570, 5,610 and 12,100 shares with exercise prices of $34.94, $38.56, $31.62 and $38.43. Vesting occurs 50% after one year and 25% on each of the second and third anniversaries.

When do Adam C. Worsham’s Valvoline (VVV) stock appreciation rights expire?

The reported stock appreciation rights expire on November 16, 2033, November 21, 2034, November 25, 2035 and September 2, 2035. These long-dated expirations provide extended timeframes during which vested rights can potentially be exercised.