Mary E. Meixelsperger - Nov 29, 2024 Form 4 Insider Report for VALVOLINE INC (VVV)

Signature
/s/ Ian C. Lofwall, Attorney-in-Fact
Stock symbol
VVV
Transactions as of
Nov 29, 2024
Transactions value $
-$26,487
Form type
4
Date filed
12/2/2024, 04:09 PM
Previous filing
Nov 25, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction VVV Common Stock Options Exercise +2.18K +1.4% 157K Nov 29, 2024 Direct F1
transaction VVV Common Stock Tax liability -$26.5K -667 -0.42% $39.71 157K Nov 29, 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 -2.18K -49.99% $0.00 2.18K Nov 29, 2024 Common Stock 2.18K 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.