VALVOLINE INC — Director's Dealing 2023

Nov 14, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALVOLINE INC (VVV)
CIK: 0001674910
Period of Report: 2023-11-10

Reporting Person: Dobbins Robert Travis (SVP & Chief Technology Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-11-10	Common Stock	M	891	—	Acquired	11274	Direct
2023-11-10	Common Stock	F	278	$32.50	Disposed	10996	Direct
2023-11-10	Common Stock	M	737	—	Acquired	11733	Direct
2023-11-10	Common Stock	F	230	$32.50	Disposed	11503	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2023-11-10	FY 2021 Restricted Stock Units	$	M	891	Disposed		Common Stock (891)	Direct
2023-11-10	FY 2022 Restricted Stock Units	$	M	737	Disposed		Common Stock (737)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1948	Indirect

Footnotes

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 Transaction Date.

F3: The restricted stock units granted on November 12, 2020 vest in three equal annual installments beginning on the first anniversary of the grant date.

F4: The restricted stock units granted on November 11, 2021 vest in three equal annual installments beginning on the first anniversary of the grant date.