WORSHAM ADAM C.

PrivateCIK: 2110450

Location

LEXINGTON, KY

WORSHAM ADAM C. enters VALVOLINE INC with 8.04K shares plus derivative instruments

Holding both equity and derivatives at entry signals strong long-term conviction in the company.

Direct Indirect Derivatives

WORSHAM ADAM C.

Filed: 2/9/2026ACC: 0002110450-26-000003

InsiderWORSHAM ADAM C.CIK 2110450

→

IssuerVALVOLINE INCCIK 1674910

Officer· SVP, Chief Franchising Officer

Since Jan 2026

8.04K

Baseline shares

84% direct

6.76K

Direct ownership

1 position

37.98K

Derivative underlying

8 instruments

2

Security positions

1.28K indirect

Non-Derivative Holdings2

Common Stock

Indirect

Shares owned1.28K

Common Stock

Direct

Shares owned6.76K

Total

6.76K direct·1.28K indirect8.04K

Security Title	Shares Owned	Ownership Type
Common Stock	1.28K	Indirect
Common Stock	6.76K	Direct
Total	8.04K	6.76K direct·1.28K indirect

Derivative Holdings8

FY 2024 Stock Appreciation Rights

Direct

Underlying security

Common Stock

Underlying shares

3.79K

Shares owned

N/A

Exercise price

34.94

Expiration

—

Exercise window

—

FY 2026 Restricted Stock Units

Direct

Underlying security

Common Stock

Underlying shares

2.38K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Restricted Stock Units

Direct

Underlying security

Common Stock

Underlying shares

7.72K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Stock Appreciation Right

Direct

Underlying security

Common Stock

Underlying shares

12.10K

Shares owned

N/A

Exercise price

38.43

Expiration

—

Exercise window

—

FY 2025 Stock Appreciation Rights

Direct

Underlying security

Common Stock

Underlying shares

4.57K

Shares owned

N/A

Exercise price

38.56

Expiration

—

Exercise window

—

FY 2025 Restricted Stock Units

Direct

Underlying security

Common Stock

Underlying shares

1.21K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

FY 2024 Restricted Stock Units

Direct

Underlying security

Common Stock

Underlying shares

604.00

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

FY 2026 Stock Appreciation Right

Direct

Underlying security

Common Stock

Underlying shares

5.61K

Shares owned

N/A

Exercise price

31.62

Expiration

—

Exercise window

—

Total

Underlying

37.98K

Owned

0.00

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
FY 2024 Stock Appreciation Rights Direct	Common Stock	34.94	—	—	3.79K	N/A
FY 2026 Restricted Stock Units Direct	Common Stock		—	—	2.38K	N/A
Restricted Stock Units Direct	Common Stock		—	—	7.72K	N/A
Stock Appreciation Right Direct	Common Stock	38.43	—	—	12.10K	N/A
FY 2025 Stock Appreciation Rights Direct	Common Stock	38.56	—	—	4.57K	N/A
FY 2025 Restricted Stock Units Direct	Common Stock		—	—	1.21K	N/A
FY 2024 Restricted Stock Units Direct	Common Stock		—	—	604.00	N/A
FY 2026 Stock Appreciation Right Direct	Common Stock	31.62	—	—	5.61K	N/A
Total					37.98K	0.00

WORSHAM ADAM C. — Initial Ownership Disclosure (Form 3) Filed Feb 9, 2026 | Finecho