Jonathan L. Caldwell - 29 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: 29 Nov 2024
Net transactions value: -$7,346
Form type: 4
Filing time: 02 Dec 2024, 16:09:03 UTC
Previous filing: 25 Nov 2024
Next filing: 17 Nov 2025
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		+594	+2.9%		21,354	29 Nov 2024	Direct	F1
transaction	VVV	Common Stock	Tax liability	$7,346	-185	-0.87%	$39.71	21,169	29 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 2023 Restricted Stock Units	Options Exercise	$0	-594	-50%	$0.000000	595	29 Nov 2024	Common Stock	594		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.