Valvoline (VVV) CEO Lori Ann Flees receives 29 deferred stock units via salary deferral

Rhea-AI Filing Summary

Valvoline Inc President & CEO Lori Ann Flees reported receiving 29 deferred stock units tied to Valvoline common stock, credited through salary deferral under the company’s 2016 Deferred Compensation Plan for Employees.

Each unit represents a right to receive one share of common stock in the future, generally upon an unforeseeable emergency, or upon her death, disability, or separation from service. Following this award, she holds 15,383 deferred stock units in total. This is a routine, compensation-related acquisition rather than an open-market stock purchase or sale.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Flees Lori Ann

(Last) (First) (Middle)

100 VALVOLINE WAY

SUITE 100

(Street)

LEXINGTON KENTUCKY 40509

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Stock Units	(1)	03/19/2026		A		29(2)		(3)	(3)	Common Stock	29	$32.82	15,383	D

Explanation of Responses:

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").

2. Represents the number of deferred stock units acquired by the reporting person under the Deferred Compensation Plan through salary deferral.

3. 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.

Remarks:

	/s/ Ian C. Lofwall, Attorney-in-Fact	03/20/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Valvoline (VVV) CEO Lori Ann Flees report?

Lori Ann Flees reported receiving 29 deferred stock units. These units were acquired through salary deferral under Valvoline’s 2016 Deferred Compensation Plan and represent a future right to receive an equal number of Valvoline common shares, rather than an open-market stock purchase or sale.

How many Valvoline deferred stock units does the CEO hold after this Form 4?

After this transaction, Lori Ann Flees holds 15,383 deferred stock units. The Form 4 shows that 29 additional units were credited to her account, bringing her total balance under the deferred compensation arrangement to 15,383 units linked to Valvoline common stock.

What are deferred stock units in Valvoline’s compensation plan?

Each deferred stock unit represents a right to one Valvoline share. Under the 2016 Deferred Compensation Plan, units are credited instead of immediate cash, typically through salary deferral, and convert into shares of Valvoline common stock when a qualifying distribution event occurs in the future.

When will Valvoline (VVV) shares be delivered for these deferred stock units?

Shares become payable upon specific future events. According to the disclosure, Valvoline common stock is delivered for the units upon an unforeseeable emergency, or upon the reporting person’s death, disability, or separation from service, following the terms of the Deferred Compensation Plan.

Did the Valvoline CEO buy or sell stock on the open market in this Form 4?

No open-market buy or sell is reported. The Form 4 records a grant-type acquisition of 29 deferred stock units through salary deferral, not a market transaction. It is a routine compensation-related entry within Valvoline’s 2016 Deferred Compensation Plan for Employees.

How was the value of the 29 deferred stock units determined in the Valvoline filing?

The filing lists a transaction price of $32.82 per unit. This figure is shown as the price per share associated with the 29 deferred stock units, each representing a contingent right to receive one share of Valvoline common stock upon distribution from the deferred compensation plan.