Valvoline (VVV) CEO Lori Flees adds deferred stock units via salary deferral
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Valvoline Inc. President & CEO Lori Ann Flees acquired 29 deferred stock units tied to Valvoline common stock through a salary deferral under the company’s 2016 Deferred Compensation Plan for Employees. Following this grant, she holds 15,412 deferred stock units directly. These units convert into common shares and become payable upon an unforeseeable emergency or upon her death, disability, or separation from service, in line with the plan’s terms. This is a compensation-related award rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
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 | 29 | $33.33 | $966.57 |
Holdings After Transaction:
Deferred Stock Units — 15,412 shares (Direct)
Footnotes (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: 29 units
Implied unit price: $33.33 per unit
Total deferred stock units held: 15,412 units
3 metrics
Deferred stock units granted
29 units
Grant acquired through salary deferral on 2026-04-02
Implied unit price
$33.33 per unit
Transaction price per deferred stock unit
Total deferred stock units held
15,412 units
Units held by Lori Ann Flees after the reported transaction
Key Terms
Deferred Stock Units, Deferred Compensation Plan, unforeseeable emergency
3 terms
Deferred Stock Units financial
"Each unit represents a contingent right to receive one share of Valvoline common stock"
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
"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
"upon the event of an unforeseeable emergency (as defined in the Deferred Compensation Plan)"
FAQ
What did Valvoline (VVV) CEO Lori Ann Flees report in this Form 4?
Lori Ann Flees reported acquiring 29 deferred stock units linked to Valvoline common stock. The units were obtained through salary deferral under Valvoline’s 2016 Deferred Compensation Plan and increase her direct deferred stock unit holdings to 15,412 units under that plan.
Is the Valvoline (VVV) Form 4 transaction an open-market buy or sell?
The transaction is not an open-market buy or sell. It is a grant of 29 deferred stock units acquired via salary deferral under a deferred compensation plan, meaning it is part of executive compensation rather than discretionary trading in Valvoline common stock.
How many deferred stock units does the Valvoline (VVV) CEO now hold?
After this grant, Lori Ann Flees holds 15,412 deferred stock units. Each unit represents a contingent right to receive one share of Valvoline common stock, payable under specific conditions set by the company’s 2016 Deferred Compensation Plan for Employees.
What are deferred stock units in the Valvoline (VVV) compensation plan?
Each Valvoline deferred stock unit represents a contingent right to receive one share of common stock. The units are credited under the 2016 Deferred Compensation Plan, typically through salary deferrals, and convert into shares only upon certain events like separation from service or qualifying emergencies.
When do Valvoline (VVV) deferred stock units held by the CEO become payable?
The deferred stock units become payable in Valvoline common stock upon an unforeseeable emergency, or upon the CEO’s death, disability, or separation from service. These payout conditions are governed by the terms of Valvoline’s 2016 Deferred Compensation Plan for Employees.