Julie Marie O'Daniel - Nov 15, 2024 Form 4 Insider Report for VALVOLINE INC (VVV)

Role
Chief Legal Officer
Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Stock symbol
VVV
Transactions as of
Nov 15, 2024
Transactions value $
-$15,024
Form type
4
Date filed
11/18/2024, 04:09 PM
Previous filing
Nov 13, 2024
Next filing
Nov 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VVV Common Stock Options Exercise +1.14K +5.76% 20.9K Nov 15, 2024 Direct F1
transaction VVV Common Stock Tax liability -$15K -355 -1.7% $42.32 20.6K Nov 15, 2024 Direct
holding VVV Common Stock 3.04K Nov 15, 2024 By 401(k) Plan F2

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 2024 Restricted Stock Units Options Exercise $0 -1.14K -33.33% $0.00 2.28K Nov 15, 2024 Common Stock 1.14K Direct F1, F3
* 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 Represents the approximate number of shares of Valvoline common stock held by the Reporting Person in the Valvoline 401(k) Plan based on the closing price of Valvoline common stock on the earliest Transaction Date.
F3 The restricted stock units vest in three equal annual installments beginning on the first anniversary of the grant date.