Valvoline officer exercises 2,573 RSUs, withholds 788
Valvoline’s Chief Franchising Officer exercised RSUs into common stock and had shares withheld to satisfy exercise price or tax obligations.
Rhea-AI Filing Summary
VALVOLINE INC (VVV) executive Adam C. Worsham, SVP and Chief Franchising Officer, exercised restricted stock units into 2,573 shares of Valvoline common stock on September 2, 2026. As part of this event, 788 shares of common stock were delivered or withheld to cover the exercise price or tax liability. Following the transaction, he holds 5,147 restricted stock units directly and an indirect interest in approximately 1,343 common shares through the Valvoline 401(k) Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,573 shares exercised/converted
Exercise
4 txns
Insider
Worsham Adam C.
Role
SVP, Chief Franchising Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F3 | 2,573 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 2,573 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 788 | $31.83 | $25K |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 5,147 contracts (Direct);
Common Stock — 8,550 shares (Direct);
Common Stock — 1,343 shares (Indirect, By 401(k) Plan)
Footnotes (3)
- F1. Restricted stock units convert into Valvoline common stock on a one-for-one basis.
- F2. Represents the approximate number of shares of Valvoline common stock held by the Reporting Person in the Valvoline 401(k) Plan based on the closing price of Valvoline common stock on the earliest Transaction Date.
- F3. The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.
Key Figures
RSUs Exercised: 2,573 units
Shares Withheld or Delivered: 788 shares
Withholding Price: $31.83 per share
+2 more
5 metrics
RSUs Exercised
2,573 units
Restricted stock units converted into common stock on September 2, 2026
Shares Withheld or Delivered
788 shares
Common shares used for payment of exercise price or tax liability
Withholding Price
$31.83 per share
Price used for shares delivered or withheld for exercise price or tax liability
RSUs Held After Transaction
5,147 units
Restricted stock units remaining after the September 2, 2026 exercise
Indirect 401(k) Holdings
1,343 shares
Approximate common shares held via Valvoline 401(k) Plan
Key Terms
Restricted Stock Units, Payment of exercise price or tax liability, 401(k) Plan
3 terms
Restricted Stock Units financial
"Restricted stock units convert into Valvoline common stock on a one-for-one basis"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Payment of exercise price or tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
401(k) Plan financial
"held by the Reporting Person in the Valvoline 401(k) Plan"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
FAQ
What equity transaction did Valvoline (VVV) executive Adam C. Worsham report?
Adam C. Worsham reported exercising 2,573 restricted stock units into Valvoline common stock on September 2, 2026, with 788 common shares delivered or withheld to cover the exercise price or tax liability related to that event.
How many restricted stock units does the Valvoline (VVV) executive hold after this Form 4?
After the reported transactions, Adam C. Worsham holds 5,147 restricted stock units, each convertible into one share of Valvoline common stock, in addition to other common stock holdings.
What indirect Valvoline (VVV) holdings does the executive report?
Adam C. Worsham reports an indirect holding of approximately 1,343 shares of Valvoline common stock through the Valvoline 401(k) Plan, based on the closing price on the earliest transaction date in the filing.
Was a Rule 10b5-1 trading plan indicated for this Valvoline (VVV) Form 4?
No Rule 10b5-1 trading plan is indicated. The filing’s Rule 10b5-1 checkbox is not marked as affirming that the reported transactions were made under such a plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
