Dione Sturgeon - 01 Mar 2024 Form 4 Insider Report for VALVOLINE INC (VVV)

Role: Chief Accounting Officer
Signature: /s/ Ian C. Lofwall, Attorney-in-Fact
Issuer symbol: VVV
Transactions as of: 01 Mar 2024
Net transactions value: +$7,814
Form type: 4
Filing time: 04 Mar 2024, 16:24:48 UTC
Previous filing: 30 Nov 2023
Next filing: 03 Apr 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VVV	Common Stock	Options Exercise	$12,347	+286	+9.2%	$43.17	3,394	01 Mar 2024	Direct
transaction	VVV	Common Stock	Tax liability	$4,533	-105	-3.1%	$43.17	3,289	01 Mar 2024	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	VVV	Restricted Stock Units	Options Exercise	$0	-286	-17%	$0.000000	1,404	01 Mar 2024	Common Stock	286		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Restricted stock units convert into Valvoline common stock on a one-for-one basis.
F2	The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.