Valvoline (NYSE: VVV) CAO exercises RSUs, withholds shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Valvoline Inc. Chief Accounting Officer Dione Sturgeon exercised 287 restricted stock units into an equal number of Valvoline common shares on February 27, 2026 at $37.80 per share. To cover tax obligations, 104 of these shares were disposed of in a tax-withholding transaction, leaving direct ownership at 6,866 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
287 shares exercised/converted
Mixed
3 txns
Insider
Sturgeon Dione
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 287 | $0.00 | -- |
| Exercise | Common Stock | 287 | $37.80 | $11K |
| Tax Withholding | Common Stock | 104 | $37.80 | $4K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 6,970 shares (Direct)
Footnotes (1)
- Restricted stock units convert into Valvoline common stock on a one-for-one basis. The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.
FAQ
What insider transactions did Valvoline (VVV) report for Dione Sturgeon?
Valvoline reported that Chief Accounting Officer Dione Sturgeon exercised 287 restricted stock units into common stock and then disposed of 104 shares to satisfy tax obligations, resulting in direct ownership of 6,866 common shares following the transactions.
What is the price used in Dione Sturgeon’s Valvoline (VVV) Form 4 transactions?
Both the RSU conversion into common stock and the tax-withholding disposition are recorded at a transaction price of $37.80 per share. This price is used to value the 287 acquired shares and the 104 shares disposed for tax obligations.
How do Valvoline (VVV) restricted stock units work in this Form 4?
The filing explains that restricted stock units convert into Valvoline common stock on a one-for-one basis and vest in three equal annual installments beginning on the first anniversary of the grant date, providing staged equity compensation over time.