[SCHEDULE 13G/A] Valvoline Inc. SEC Filing

Rhea-AI Filing Summary

Wasatch Advisors LP reported beneficial ownership of 10,383,960 shares of Valvoline Inc. common stock, representing 8.2% of the class. The filing shows Wasatch has sole dispositive power over all 10,383,960 shares and sole voting power over 7,277,886 shares.

The disclosure was made on a Schedule 13G/A (Amendment No. 3) and includes a certification that the shares are held in the ordinary course of business and were not acquired to change or influence control of the company.

Positive

• Beneficial ownership disclosed: Wasatch Advisors reports 10,383,960 shares (8.2%) of Valvoline common stock.
• Clear power breakdown: Filing specifies sole voting power of 7,277,886 and sole dispositive power of 10,383,960 shares.
• Passive intent certified: Item 10 states the shares are held in the ordinary course of business and not to influence control.

Negative

• None.

Insights

Financial Analyst

TL;DR: Wasatch holds a material 8.2% passive stake in Valvoline; disclosure is material but the filer asserts no intent to seek control.

Wasatch Advisors LP's 10.38 million-share position equals 8.2% of Valvoline's outstanding common stock, which is above the 5% reporting threshold and therefore material to shareholders and analysts monitoring ownership concentration. The filing records sole dispositive power for the full holding and sole voting power for roughly 7.28 million shares, indicating control over trading decisions even while the filer certifies a passive intent. Impact: material ownership disclosure; strategic intent marked as passive.

Corporate Governance Expert

TL;DR: Material disclosure improves transparency; passive Schedule 13G status limits immediate governance implications.

The Schedule 13G/A classification and the Item 10 certification state the shares are held in the ordinary course of business and not for the purpose of influencing control, which differentiates this from an activist Schedule 13D. While the 8.2% stake is sizeable and relevant for board and shareholder dynamics, the filing itself indicates a passive position, reducing near-term governance pressure. Investors should note the clear reporting of voting and dispositive powers.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

VALVOLINE INC

(Name of Issuer)

Common Stock

(Title of Class of Securities)

92047W101

(CUSIP Number)

06/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 92047W101

1

Names of Reporting Persons

WASATCH ADVISORS LP

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 7,277,886.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 10,383,960.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: VALVOLINE INC
(b)	Address of issuer's principal executive offices: 100 VALVOLINE WAY, 100 VALVOLINE WAY, LEXINGTON, UTAH, 40509
Item 2.
(a)	Name of person filing: Wasatch Advisors LP
(b)	Address or principal business office or, if none, residence: 505 Wakara Way, 3rd Floor, Salt Lake City, 84108, United States
(c)	Citizenship: DELAWARE
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 92047W101
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 10,383,960
(b)	Percent of class: 8.2 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 7,277,886
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 10,383,960
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

WASATCH ADVISORS LP

Signature:	Mike Yeates
Name/Title:	CEO
Date:	08/12/2025

FAQ

How many Valvoline (VVV) shares does Wasatch Advisors own?

Wasatch Advisors reports beneficial ownership of 10,383,960 shares, representing 8.2% of Valvoline's common stock.

What voting and dispositive powers does Wasatch have over VVV shares?

The filing shows sole voting power for 7,277,886 shares and sole dispositive power for 10,383,960 shares.

Was this disclosed on a Schedule 13G or 13D for VVV?

The position was disclosed on a Schedule 13G/A (Amendment No. 3), indicating a passive reporting status rather than an activist 13D.

Does Wasatch state it intends to influence control of Valvoline (VVV)?

No. Item 10 includes a certification that the shares are held in the ordinary course of business and were not acquired to change or influence control.

Who signed the filing for Wasatch Advisors?

The filing is signed by Mike Yeates, identified as CEO of Wasatch Advisors LP.