Julie Marie O'Daniel - 21 Nov 2024 Form 4 Insider Report for VALVOLINE INC (VVV)

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 2025 Restricted Stock Units	Award	$0	+2,570		$0.000000	2,570	21 Nov 2024	Common Stock	2,570		Direct	F1, F2
transaction	VVV	FY 2025 Stock Appreciation Rights	Award	$0	+6,480		$0.000000	6,480	21 Nov 2024	Common Stock	6,480	$38.56	Direct	F3

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

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.
F3	Fifty percent (50%) of the stock appreciation rights vest on the first anniversary of the grant date and 25% vest on each of the second and third anniversaries of the grant date.