Dione Sturgeon - 11 Nov 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: 11 Nov 2024
Net transactions value: -$6,659
Form type: 4
Filing time: 13 Nov 2024, 17:48:54 UTC
Previous filing: 03 Apr 2025
Next filing: 18 Nov 2024
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		+494	+14%		3,958	11 Nov 2024	Direct	F1
transaction	VVV	Common Stock	Tax liability	$6,659	-154	-3.9%	$43.24	3,804	11 Nov 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	FY 2022 Restricted Stock Units	Options Exercise	$0	-494	-100%	$0.000000	0	11 Nov 2024	Common Stock	494		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 (RSUs) convert into Valvoline Common Stock on a one-for-one basis.
F2	The restricted stock units granted on November 11, 2021 vest in three equal annual installments beginning on the first anniversary of the grant date.