Valvoline Inc (VVV) Institutional Ownership & 13F Filings (Q2 2026)

On August 24, 2026, Valvoline closed a $600 million offering of 6.125% senior unsecured notes due 2034, with proceeds earmarked to fully repay its Term Loan A, partially pay down Term Loan B, cover related fees, and fund general corporate purposes. The same day, it amended its credit agreement: the revolving credit facility grew from $475 million to $600 million, pricing came down, maturity was extended five years, and the maximum net leverage covenant was loosened from 4.50x to 5.00x before stepping back down in years three and four.

No AI summary for this filing type

On August 5, 2026, Valvoline issued a press release announcing its Q3 results for the quarter ended June 30, 2026. The 8-K filing itself just says a press release was issued—the actual numbers are in the attached Exhibit 99.1, so we don't see any figures here. It also mentions the Regulation FD disclosure and a financial statement exhibit.

Valvoline Inc. (ticker: VVV) added two new independent directors to its board on July 22, 2026: Katherine Fogertey and Scott Mezvinsky. Fogertey will sit on the Audit Committee, and Mezvinsky on the Governance & Nominating Committee. They'll receive the standard non-employee director package: a $100,000 annual cash retainer and $135,000 in restricted stock units (prorated to $70,644 for this partial year), with the stock vesting fully on July 22, 2027. No other arrangements or side deals were disclosed.

Valvoline amended its credit agreement on June 30, 2026, to refinance its existing Term B loans. The new refinanced Term B loans total $738.15 million, with no change in principal. Some lenders converted their loans on a cashless basis, and The Bank of Nova Scotia provided new cash. The loans bear interest at SOFR plus 1.75% or base rate plus 0.75%, with quarterly amortization at 0.25% starting September 2026.