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Ownership Document
|
| Schema Version: X0508 |
| Document Type: 4 |
| Period of Report: 4/18/24 |
| Not Subject to Section 16: 0 |
| Issuer: |
| Issuer CIK: 1674910 |
| Issuer Name: VALVOLINE INC |
| Issuer Trading Symbol: VVV |
| Reporting Owner: |
| Reporting Owner ID: |
| | Owner CIK: 1924613 |
| | Owner Name: Flees Lori Ann |
| Reporting Owner Address: |
| | Owner Street 1: 100 VALVOLINE WAY |
| | Owner Street 2: SUITE 100 |
| | Owner City: LEXINGTON |
| | Owner State: KY |
| | Owner ZIP Code: 40509 |
| | Owner State Description: |
| Reporting Owner Relationship: |
| | Is Director? Yes |
| | Is Officer? Yes |
| | Is Ten Percent Owner? No |
| | Is Other? No |
| | Officer Title: President & CEO |
| Aff 10b5 One: 0 |
| Non-Derivative Table: |
| Derivative Table: |
| Derivative Transaction: |
| | Security Title: |
| | | Value: Deferred Stock Units |
| | Conversion or Exercise Price: |
| | | Footnote ID: F1 |
| | Transaction Date: |
| | | Value: 4/18/24 |
| | Transaction Coding: |
| | | Transaction Form Type: 4 |
| | | Transaction Code: A |
| | | Equity Swap Involved? No |
| | Transaction Amounts: |
| | | Transaction Shares: |
| Value: 42 |
| Footnote ID: F2 |
| | | Transaction Price Per Share: |
| Value: 41.19 |
| | | Transaction Acquired-Disposed Code: |
| Value: A |
| | Exercise Date: |
| | | Footnote ID: F3 |
| | Expiration Date: |
| | | Footnote ID: F3 |
| | Underlying Security: |
| | | Underlying Security Title: |
| Value: Common Stock |
| | | Underlying Security Shares: |
| Value: 42 |
| | Post-Transaction Amounts: |
| | | Shares Owned Following Transaction: |
| Value: 5,041 |
| | Ownership Nature: |
| | | Direct or Indirect Ownership: |
| Value: D |
| Footnotes: |
| Footnote - F1: 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 "Deferred Compensation Plan"). |
| Footnote - F2: Represents the number of deferred stock units acquired by the reporting person under the Deferred Compensation Plan through salary deferral. |
| Footnote - F3: Shares of Valvoline Common Stock become payable in respect of the units upon the event of an unforeseeable emergency (as defined in the Deferred Compensation Plan) or the Reporting Person's death, disability or separation from service, in accordance with the terms of the Deferred Compensation Plan. |
| Remarks: |
| Owner Signature: |
| Signature Name: /s/ Ian C. Lofwall, Attorney-in-Fact |
| Signature Date: 4/19/24 |
