Valvoline (NYSE: VVV) CAO Jordan Denny reports RSU and SAR holdings
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Valvoline Inc. executive Jordan M. Denny, the Chief Accounting Officer, filed an initial ownership report showing his equity-based holdings in the company. The filing lists several grants of restricted stock units that each convert into Valvoline common stock on a one-for-one basis as they vest in future years.
These include FY 2026 restricted stock units tied to 2,140 underlying shares, additional restricted stock units tied to 10,630 shares, FY 2025 units tied to 1,007 shares, another restricted stock unit grant tied to 417 shares, and FY 2024 units tied to 404 shares. The report also shows a stock appreciation right award covering 23,970 underlying shares of common stock with a $37.16 exercise price that became fully vested on the second anniversary of its January 3, 2022 grant date and expires in 2032, plus 267 shares of common stock held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Denny Jordan M.
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | FY 2026 Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | FY 2025 Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | FY 2024 Restricted Stock Units | -- | -- | -- |
| holding | Stock Appreciation Right | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
FY 2026 Restricted Stock Units — 2,140 shares (Direct);
Restricted Stock Units — 10,630 shares (Direct);
FY 2025 Restricted Stock Units — 1,007 shares (Direct);
FY 2024 Restricted Stock Units — 404 shares (Direct);
Stock Appreciation Right — 23,970 shares (Direct);
Common Stock — 267 shares (Direct)
Footnotes (1)
- The restricted stock units were granted on November 25, 2025 and vest in three equal annual installments beginning on the first anniversary of the grant date. Restricted stock units convert into Valvoline common stock on a one-for-one basis. The restricted stock units were granted on April 1, 2025 and vest in three equal annual installments beginning on the first anniversary of the grant date. The restricted stock units were granted on November 21, 2024 and vest in three equal annual installments beginning on the first anniversary of the grant date. The restricted stock units were granted on March 1, 2024 and vest in three equal annual installments beginning on the first anniversary of the grant date. The restricted stock units were granted on November 16, 2023 and vest in three equal annual installments beginning on the first anniversary of the grant date. The stock appreciation rights were granted on January 3, 2022 and became 100% vested on the second anniversary of the grant date.
FAQ
What does Valvoline (VVV) Chief Accounting Officer Jordan M. Denny report on this Form 3?
Jordan M. Denny reports his initial ownership of Valvoline equity awards, including multiple restricted stock unit grants and a stock appreciation right, plus directly held common shares. This establishes his baseline position as a new Section 16 reporting insider.
How many restricted stock units does Jordan M. Denny hold in Valvoline (VVV)?
Jordan M. Denny holds several restricted stock unit awards tied to 2,140 FY 2026 shares, 10,630 shares, 1,007 FY 2025 shares, 417 shares, and 404 FY 2024 shares. Each unit converts into one share of Valvoline common stock upon vesting over multi-year schedules.
What are the vesting terms of Jordan M. Denny’s Valvoline (VVV) restricted stock units?
The restricted stock units were granted on specific dates from November 2023 through November 2025 and generally vest in three equal annual installments, beginning on the first anniversary of each grant date. Once vested, they convert into Valvoline common stock on a one-for-one basis.
What stock appreciation right does Jordan M. Denny hold in Valvoline (VVV)?
He holds a stock appreciation right granted January 3, 2022, covering 23,970 underlying shares of Valvoline common stock at a $37.16 exercise price. It became 100% vested on the second anniversary of the grant and carries an expiration date in 2032.
Does Jordan M. Denny directly own Valvoline (VVV) common stock in addition to equity awards?
Yes. In addition to restricted stock units and a stock appreciation right, Jordan M. Denny directly holds 267 shares of Valvoline common stock. These are reported separately from his derivative awards as part of his overall ownership position in the company.
Are there any buy or sell transactions reported for Valvoline (VVV) insider Jordan M. Denny in this Form 3?
No buy or sell transactions are shown. The Form 3 is an initial ownership report listing existing holdings such as restricted stock units, a stock appreciation right, and common stock, rather than new open-market purchases or sales during the reporting period.