Valvoline CEO granted 30 deferred stock units
Valvoline Inc. President & CEO Lori Ann Flees acquired 30 deferred stock units tied to Valvoline common stock through salary deferral under the company’s 2016 Deferred Compensation Plan.
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Rhea-AI Filing Summary
Valvoline Inc. President & CEO Lori Ann Flees acquired 30 deferred stock units tied to Valvoline common stock through salary deferral under the company’s 2016 Deferred Compensation Plan. Each unit represents a right to receive one share of common stock in the future.
After this grant, she holds a total of 15,500 deferred stock units directly. These units are payable only upon events such as an unforeseeable emergency, death, disability, or separation from service, consistent with the plan’s terms, and do not reflect an open-market stock purchase or sale.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 30 | $32.38 | $971.40 |
Footnotes (3)
- F1. 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").
- F2. Represents the number of deferred stock units acquired by the reporting person under the Deferred Compensation Plan through salary deferral.
- F3. 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.
Key Figures
Key Terms
Deferred Stock Units financial
Deferred Compensation Plan financial
unforeseeable emergency financial
separation from service financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Valvoline (VVV) report for CEO Lori Ann Flees?
How many Valvoline (VVV) deferred stock units does the CEO hold after this Form 4?
What are deferred stock units in Valvoline (VVV)’s compensation plan?
When can Valvoline (VVV) deferred stock units granted to the CEO be paid out?
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