Valvoline Files 8-K on Shareholder Vote Submission

TL;DR

**Valvoline just filed an 8-K about submitting matters to a shareholder vote, signaling ongoing corporate governance.**

AI Summary

Valvoline Inc. filed an 8-K on January 30, 2024, to report an event that occurred on January 25, 2024, related to the submission of matters to a vote of security holders. This filing indicates that the company is adhering to SEC regulations by disclosing corporate governance activities, specifically regarding shareholder votes. For investors, this matters because it signals transparency and compliance, which are crucial for maintaining investor confidence and understanding potential changes resulting from shareholder decisions.

Why It Matters

This filing indicates Valvoline is transparently reporting corporate governance actions, which is vital for investor confidence and understanding potential future company direction based on shareholder input.

Risk Assessment

Risk Level: low — This 8-K is a routine disclosure of corporate governance activity and does not indicate any immediate financial or operational risks.

Analyst Insight

A smart investor would note this routine corporate governance filing as a sign of compliance, but it doesn't provide new information warranting immediate action. It's a reminder to stay informed about upcoming shareholder votes.

Key Players & Entities

• VALVOLINE INC. (company) — the registrant filing the 8-K
• January 25, 2024 (date) — date of the earliest event reported
• January 30, 2024 (date) — date the 8-K was filed
• 001-37884 (dollar_amount) — Commission File Number for Valvoline Inc.
• VVV (company) — trading symbol for Valvoline Inc. common stock
• New York Stock Exchange (company) — exchange where Valvoline Inc. common stock is registered

FAQ

Key Financial Figures

• $0.01 — ich registered Common stock, par value $0.01 per share VVV New York Stock Exchange

Filing Documents

• vvv-20240125.htm (8-K) — 51KB
• 0001674910-24-000024.txt ( ) — 174KB
• vvv-20240125.xsd (EX-101.SCH) — 2KB
• vvv-20240125_lab.xml (EX-101.LAB) — 23KB
• vvv-20240125_pre.xml (EX-101.PRE) — 12KB
• vvv-20240125_htm.xml (XML) — 3KB

07. Submission of Matters to a Vote of Security Holders

Item 5.07. Submission of Matters to a Vote of Security Holders. On January 25, 2024, Valvoline Inc. (" Valvoline ") held its Annual Meeting of Shareholders (" 2024 Annual Meeting "). At the 2024 Annual Meeting, a total of 122,395,222 shares of Valvoline common stock, representing 94.15% of the shares outstanding and eligible to vote and constituting a quorum, were represented in person or by valid proxies. The final results for each of the matters submitted to a vote of shareholders at the 2024 Annual Meeting are as follows: Proposal 1: All of the nominees for director were elected to serve a one-year term until the following annual meeting of Valvoline's shareholders and until their successors have been duly elected and qualified, by the votes set forth in the table below: Nominees For Against Abstain Broker Non-Vote Gerald W. Evans, Jr. 113,854,503 1,121,818 81,163 7,337,738 Lori A. Flees 114,387,419 575,385 94,680 7,337,738 Richard J. Freeland 113,808,887 1,141,891 106,706 7,337,738 Carol H. Kruse 114,034,023 920,185 103,276 7,337,738 Vada O. Manager 113,817,950 1,145,530 94,004 7,337,738 Patrick S. Pacious 114,046,282 909,087 102,115 7,337,738 Jennifer L. Slater 114,047,401 899,357 110,726 7,337,738 Charles M. Sonsteby 114,203,994 715,970 137,520 7,337,738 Mary J. Twinem 114,272,531 679,068 105,885 7,337,738 Proposal 2: The appointment of Ernst & Young LLP as Valvoline's independent registered public accounting firm for fiscal 2024 was ratified by the shareholders by the votes set forth in the table below: For Against Abstain Broker Non-Vote 121,351,551 921,104 122,567 0 Proposal 3: The non-binding advisory vote that shareholders vote on Valvoline's executive compensation every year was approved by the shareholders by the votes set forth in the table below: For Against Abstain Broker Non-Vote 109,727,627 5,094,084 235,773 7,337,738 2

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. VALVOLINE INC. Date: January 30, 2024 By: /s/ Julie M. O'Daniel Julie M. O'Daniel Senior Vice President, Chief Legal Officer and Corporate Secretary 3

View Full Filing

View this 8-K filing on SEC EDGAR