Dione Sturgeon - 29 Nov 2024 Form 4 Insider Report for VALVOLINE INC (VVV)

Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Issuer symbol
VVV
Transactions as of
29 Nov 2024
Net transactions value
-$4,924
Form type
4
Filing time
02 Dec 2024, 16:09:14 UTC
Previous filing
25 Nov 2024
Next filing
03 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VVV Common Stock Options Exercise +396 +9.3% 4,661 29 Nov 2024 Direct F1
transaction VVV Common Stock Tax liability $4,924 -124 -2.7% $39.71 4,537 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 -396 -50% $0.000000 397 29 Nov 2024 Common Stock 396 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 granted on November 29, 2022 vest in three equal annual installments beginning on the first anniversary of the grant date.