{"schema_version":"secwatch.filing_event.v1","accession":"0001674910-23-000068","form_type":"8-K","ticker":"VVV","cik":"0001674910","company_name":"VALVOLINE INC","filed_at":"2023-07-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:34.815857+00:00","generated_at":"2026-06-13T09:30:47.842265+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"confidence":"high","headline":"Valvoline elects Patrick Pacious, CEO of Choice Hotels, to board of directors","bullets":["Patrick Pacious elected to Valvoline board effective July 11, 2023; will serve on Compensation Committee.","Pacious is President & CEO of Choice Hotels International (since 2017) with over 7,400 hotels.","Non-employee director compensation: $100k annual cash retainer, $135k equity retainer; pro-rated RSU award of $73,603 granted.","Chairman Freeland cited Pacious's franchise development expertise as key to Valvoline's retail expansion strategy."],"urls":{"canonical":"https://secwatch.observer/filing/0001674910-23-000068","json":"https://secwatch.observer/filing/0001674910-23-000068.json","markdown":"https://secwatch.observer/filing/0001674910-23-000068.md","text":"https://secwatch.observer/filing/0001674910-23-000068.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1674910/000167491023000068/0001674910-23-000068-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1674910/000167491023000068/vvv-20230711.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-13T09:30:47.842265+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"34695a1511","claim":"Patrick Pacious was elected as Director at VALVOLINE INC.","evidence_excerpt":"On July 11, 2023, the Board of Directors (the “ Board ”) of Valvoline Inc. (the “ Company ”) approved the recommendation of the Governance & Nominating Committee of the Board that Patrick Pacious be elected to the Board, effective July 11, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1674910/000167491023000068/0001674910-23-000068-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"elected"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}