Jonathan L. Caldwell - 15 Nov 2024 Form 4 Insider Report for VALVOLINE INC (VVV)

Role: Chief People Officer
Signature: /s/ Ian C. Lofwall, Attorney-in-Fact
Issuer symbol: VVV
Transactions as of: 15 Nov 2024
Net transactions value: -$11,511
Form type: 4
Filing time: 18 Nov 2024, 16:10:06 UTC
Previous filing: 13 Nov 2024
Next filing: 25 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		+873	+4.3%		21,032	15 Nov 2024	Direct	F1
transaction	VVV	Common Stock	Tax liability	$11,511	-272	-1.3%	$42.32	20,760	15 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 2024 Restricted Stock Units	Options Exercise	$0	-873	-33%	$0.000000	1,747	15 Nov 2024	Common Stock	873		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.