VALVOLINE INC — Director's Dealing 2024

Nov 25, 2024

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: VALVOLINE INC (VVV)
CIK: 0001674910
Period of Report: 2024-11-21

Reporting Person: Caldwell Jonathan L. (Chief People Officer)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2024-11-21	FY 2025 Restricted Stock Units	$	A	1970	Acquired		Common Stock (1970)	Direct
2024-11-21	FY 2025 Stock Appreciation Rights	$38.56	A	4950	Acquired	2034-11-21	Common Stock (4950)	Direct

Footnotes

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.

F3: Fifty percent (50%) of the stock appreciation rights vest on the first anniversary of the grant date and 25% vest on each of the second and third anniversaries of the grant date.