Lori Ann Flees, President and Chief Executive Officer of Valvoline Inc., filed a statement of changes in beneficial ownership on October 30, 2026, reporting the acquisition of 30 deferred stock units on October 29, 2026, through a salary deferral under the company's deferred compensation plan.

Key Highlights

  • Reporting person: Lori Ann Flees, identified as President and CEO and a Director of Valvoline Inc. (NYSE:VVV).
  • Transaction date: October 29, 2026, with the filing submitted October 30, 2026.
  • Units acquired: 30 deferred stock units (DSUs) acquired under the Valvoline Inc. 2016 Deferred Compensation Plan for Employees through salary deferral.
  • Price per unit: $32.38, as reported in the filing.
  • Post-transaction holdings: Flees beneficially owns 15,840 deferred stock units directly following the reported transaction.
  • Settlement condition: According to the filing, shares become payable upon an unforeseeable emergency, or the reporting person's death, disability, or separation from service, per plan terms.

Lori Ann Flees Acquires DSUs Through Valvoline Salary Deferral Plan

According to the filing, Lori Ann Flees, who serves as both President and Chief Executive Officer and as a Director of Valvoline Inc., acquired 30 deferred stock units on October 29, 2026. The acquisition was made through salary deferral under the Valvoline Inc. 2016 Deferred Compensation Plan for Employees. The filing notes that each unit "represents a contingent right to receive one share of Valvoline common stock upon distribution from the Valvoline Inc. 2016 Deferred Compensation Plan for Employees." The transaction code recorded is "A," indicating an acquisition of derivative securities.

Valvoline Inc., headquartered at 100 Valvoline Way, Suite 100, Lexington, Kentucky, is a provider of automotive services and products, with its common stock trading on the New York Stock Exchange under the ticker VVV. The filing records the price of the derivative security at $32.38 per unit. Following the October 29, 2026 transaction, the filing reports that Flees holds a total of 15,840 deferred stock units directly. These units are settled in shares of Valvoline common stock, but only upon specified triggering events: an unforeseeable emergency as defined by the plan, or the reporting person's death, disability, or separation from service, in accordance with the plan's terms.

The filing was signed by Ian C. Lofwall as attorney-in-fact on October 30, 2026. No non-derivative securities transactions were reported in Table I of the filing. The filing indicates this was made by one reporting person and is not an amendment to a prior filing.

What Was Disclosed

The filing disclosed that Valvoline's President and CEO, Lori Ann Flees, acquired 30 deferred stock units at $32.38 each on October 29, 2026, via salary deferral, bringing her total direct DSU holdings to 15,840 units, each convertible to one share of Valvoline common stock upon qualifying distribution events.