Valvoline (VVV) CEO Lori Ann Flees adds deferred stock units through salary deferral
Rhea-AI Filing Summary
Flees Lori Ann reported acquisition or exercise transactions in this Form 4 filing.
Valvoline Inc. President & CEO Lori Ann Flees received a grant/award of 25.0000 Deferred Stock Units on July 9, 2026, credited at $37.9800 per unit through salary deferral under the Valvoline Inc. 2016 Deferred Compensation Plan for Employees. Each unit represents a contingent right to receive one share of Valvoline common stock, generally payable upon an unforeseeable emergency, or upon her death, disability, or separation from service. Following this award, she holds 15,602.0000 Deferred Stock Units directly.
Positive
- None.
Negative
- None.
Insights
Routine salary-deferred equity award increases CEO’s deferred stock position modestly.
Valvoline’s President & CEO Lori Ann Flees acquired 25.0000 Deferred Stock Units at $37.9800 per unit through a salary deferral election. Each unit is a contingent right to one share of common stock under the 2016 Deferred Compensation Plan for Employees.
These units are payable only upon an unforeseeable emergency, or her death, disability, or separation from service, which delays realizable value. After this grant, she holds 15,602.0000 Deferred Stock Units, indicating continued use of deferred equity for compensation, but the incremental size of this award is small in scale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 25 | $37.98 | $949.50 |
Footnotes (1)
- Each unit represents a contingent right to receive one share of Valvoline common stock upon distribution from the Valvoline Inc. 2016 Deferred Compensation Plan for Employees (the "Deferred Compensation Plan"). Represents the number of deferred stock units acquired by the reporting person under the Deferred Compensation Plan through salary deferral. Shares of Valvoline Common Stock become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Deferred Compensation Plan) or the Reporting Person's death, disability or separation from service, in accordance with the terms of the Deferred Compensation Plan.