Robert Travis Dobbins - 29 Nov 2024 Form 4 Insider Report for VALVOLINE INC (VVV)

Role
Chief Technology Officer
Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Issuer symbol
VVV
Transactions as of
29 Nov 2024
Net transactions value
-$9,650
Form type
4
Filing time
02 Dec 2024, 16:08:39 UTC
Previous filing
25 Nov 2024
Next filing
12 Dec 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 +792 +4.9% 17,113 29 Nov 2024 Direct F1
transaction VVV Common Stock Tax liability $9,650 -243 -1.4% $39.71 16,870 29 Nov 2024 Direct
holding VVV Common Stock 1,947 29 Nov 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 2023 Restricted Stock Units Options Exercise $0 -792 -50% $0.000000 794 29 Nov 2024 Common Stock 792 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 granted on November 29, 2022 vest in three equal annual installments beginning on the first anniversary of the grant date.