Valvoline CEO granted 27 deferred stock units
Valvoline Inc. President & CEO Lori Ann Flees acquired 27 Deferred Stock Units on Valvoline common stock through a salary deferral under the Valvoline Inc. 2016 Deferred Compensation Plan for Employees.
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Rhea-AI Filing Summary
Valvoline Inc. President & CEO Lori Ann Flees acquired 27 Deferred Stock Units on Valvoline common stock through a salary deferral under the Valvoline Inc. 2016 Deferred Compensation Plan for Employees. Each unit represents a contingent right to receive one Valvoline share in the future. Following this grant, she holds 15,354 Deferred Stock Units directly. Units become payable in Valvoline common stock only upon an unforeseeable emergency, or upon her death, disability, or separation from service, in line with the plan’s terms.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 27 | $36.06 | $973.62 |
Footnotes (3)
- F1. 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").
- F2. Represents the number of deferred stock units acquired by the reporting person under the Deferred Compensation Plan through salary deferral.
- F3. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Valvoline (VVV) report for Lori Ann Flees?
How many Valvoline Deferred Stock Units does Lori Ann Flees hold after this Form 4?
What are Valvoline Deferred Stock Units reported in this Form 4?
How did Lori Ann Flees acquire the 27 Deferred Stock Units from Valvoline (VVV)?
When do the Valvoline Deferred Stock Units become payable to Lori Ann Flees?
Does this Valvoline Form 4 show an open-market stock purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.