MATHEYS HEIDI J. (SVP, Chief Marketing Officer) sold 13.5% of their position (5.82K shares) of VALVOLINE INC on the open market

Open‑market sale worth $205.3K — a moderate reduction. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

MATHEYS HEIDI J.

Filed: 4/5/2023ACC: 0001674910-23-000045

InsiderMATHEYS HEIDI J.CIK 1685782

→

IssuerVALVOLINE INCCIK 1674910

Officer· SVP, Chief Marketing Officer

Since Nov 2018

-20.98K

Net shares

Net seller

$740.8K

Total sold

Open market trades

0B · 1S

Total transactions

20.98K acquired · 41.96K disposed

Non-Derivative Transactions5

Common Stock

Direct

M · Option Exercise

+9.68K

Price / share

$20.80

Trade value

$201.43K

% of position

26.1%

4/3/2023

37.16K→46.84K

Common Stock

Direct

F · Tax Withholding

−7.01K

Price / share

$35.33

Trade value

$247.66K

% of position

15.0%

4/3/2023

46.84K→39.83K

Common Stock

Direct

M · Option Exercise

+11.30K

Price / share

$20.29

Trade value

$229.24K

% of position

28.4%

4/3/2023

39.83K→51.13K

Common Stock

Direct

F · Tax Withholding

−8.15K

Price / share

$35.33

Trade value

$287.90K

% of position

15.9%

4/3/2023

51.13K→42.98K

Common Stock

Direct

S · Sale

−5.82K

Price / share

$35.25

Trade value

$205.26K

% of position

13.5%

4/4/2023

42.98K→37.16K

Total

Net shares

+0.00

Net value

-$310.16K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	4/3/2023	M · Option Exercise	+9.68K	$20.80	$201.43K	26.1%	37.16K	46.84K
Common Stock Direct	4/3/2023	F · Tax Withholding	−7.01K	$35.33	$247.66K	15.0%	46.84K	39.83K
Common Stock Direct	4/3/2023	M · Option Exercise	+11.30K	$20.29	$229.24K	28.4%	39.83K	51.13K
Common Stock Direct	4/3/2023	F · Tax Withholding	−8.15K	$35.33	$287.90K	15.9%	51.13K	42.98K
Common Stock Direct	4/4/2023	S · Sale	−5.82K	$35.25	$205.26K	13.5%	42.98K	37.16K
Total			+0.00		-$310.16K

Derivative Transactions2

FY 2016 Stock Appreciation Right

Direct

M · Option Exercise

Converts to

Common Stock

9.68K shares

−9.68K

Strike price

20.8

Held after

0.00

Exercisable

—

4/3/2023

FY 2017 Stock Appreciation Right

Direct

M · Option Exercise

Converts to

Common Stock

11.30K shares

−11.30K

Strike price

20.29

Held after

0.00

Exercisable

—

4/3/2023

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
FY 2016 Stock Appreciation Right Direct	Common Stock9.68K shares	4/3/2023	M · Option Exercise	−9.68K	20.8	—	0.00
FY 2017 Stock Appreciation Right Direct	Common Stock11.30K shares	4/3/2023	M · Option Exercise	−11.30K	20.29	—	0.00