Valvoline (VVV) CEO Lori Ann Flees gains 28 deferred stock units via salary deferral

Rhea-AI Filing Summary

VALVOLINE INC President & CEO Lori Ann Flees received a compensation-related grant of 28 Deferred Stock Units. Each unit represents a right to one share of Valvoline common stock under the company’s 2016 Deferred Compensation Plan for Employees, acquired through salary deferral. Following this grant, she holds 15,528 deferred stock units, which are payable in stock only upon events such as an unforeseeable emergency, death, disability, or separation from service, according to the plan’s terms.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Flees Lori Ann

Role President & CEO

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	28	$34.18	$957.04

Holdings After Transaction: Deferred Stock Units — 15,528 shares (Direct, null)

Footnotes (1)

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.

Key Figures

Deferred Stock Units granted: 28 units Price per Deferred Stock Unit: $34.18 per unit Total Deferred Stock Units after grant: 15,528 units +1 more

4 metrics

Deferred Stock Units granted 28 units Grant/award acquisition on 2026-05-28

Price per Deferred Stock Unit $34.18 per unit Reference price for units granted on 2026-05-28

Total Deferred Stock Units after grant 15,528 units Holdings following 2026-05-28 transaction

Underlying common stock per unit 1 share per unit Each Deferred Stock Unit equals one Valvoline common share

Key Terms

Deferred Stock Units, Deferred Compensation Plan, unforeseeable emergency, separation from service

4 terms

Deferred Stock Units financial

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

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

Deferred Compensation Plan financial

"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."

A deferred compensation plan is an arrangement where an employer agrees to pay part of an employee’s pay or bonus at a later date instead of immediately, often to reduce current tax bills or to tie rewards to long-term performance. For investors it matters because these promises create future cash obligations and influence executive incentives and retention; they can affect a company’s reported liabilities, cash flow planning and the risk profile if the business faces financial trouble.

unforeseeable emergency financial

"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)."

separation from service financial

"Shares of Valvoline Common Stock become payable in respect of the units upon the Reporting Person's death, disability or separation from service."

Form 4 Insider Transactions: What Each Field Means →

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)
05/28/2026

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)	05/28/2026		A		28(2)		(3)	(3)	Common Stock	28	$34.18	15,528	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	05/29/2026
	** 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 did Valvoline (VVV) CEO Lori Ann Flees report in this Form 4 filing?

Lori Ann Flees reported the acquisition of 28 Deferred Stock Units as compensation. These units were obtained through salary deferral under Valvoline’s 2016 Deferred Compensation Plan for Employees and increase her total deferred stock unit holdings to 15,528, each tied to one share of common stock.

Are the Deferred Stock Units in this Valvoline (VVV) Form 4 an open-market purchase or sale?

No, the Deferred Stock Units reflect a grant/award acquisition, not an open-market trade. The 28 units were acquired through salary deferral within Valvoline’s deferred compensation plan, making this a routine compensation-related transaction rather than a discretionary market buy or sell.

How many Valvoline (VVV) deferred stock units does Lori Ann Flees hold after this transaction?

After this transaction, Lori Ann Flees holds 15,528 Deferred Stock Units. Each unit represents a contingent right to receive one share of Valvoline common stock upon distribution from the 2016 Deferred Compensation Plan, subject to specified triggering events under that plan.

What does each Deferred Stock Unit represent for Valvoline (VVV) in this filing?

Each Deferred Stock Unit represents a contingent right to receive one share of Valvoline common stock. The units are part of the Valvoline Inc. 2016 Deferred Compensation Plan for Employees and are settled in stock only when a qualifying event under the plan occurs.

When can Lori Ann Flees receive Valvoline (VVV) shares for these Deferred Stock Units?

Shares of Valvoline common stock become payable for these units only upon an unforeseeable emergency, or upon the reporting person’s death, disability, or separation from service. These conditions follow the specific terms of Valvoline’s 2016 Deferred Compensation Plan.

How were the 28 Valvoline (VVV) Deferred Stock Units acquired in this Form 4?

The 28 Deferred Stock Units were acquired through salary deferral under Valvoline’s Deferred Compensation Plan. This means part of Lori Ann Flees’s compensation was deferred and converted into plan units, each linked to one future share of common stock.