Statement of Changes in Beneficial Ownership (4)

FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person ^* Puckett Anthony R.	2. Issuer Name and Ticker or Trading Symbol VALVOLINE INC [ VVV ]	5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) SVP, President, Quick Lubes
(Last) (First) (Middle) 100 VALVOLINE WAY	3. Date of Earliest Transaction (MM/DD/YYYY) 2/25/2021
(Street) LEXINGTON, KY 40509 (City) (State) (Zip)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line) _X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	2/25/2021		M		8070	A	$16.67	8070	D
Common Stock	2/25/2021		F		6314 ⁽¹⁾	D	$25.04	1756	D
Common Stock	2/25/2021		M		7801	A	$20.99	9557	D
Common Stock	2/25/2021		F		6929 ⁽¹⁾	D	$25.03	2628	D
Common Stock	2/25/2021		M		9684	A	$20.80	12312	D
Common Stock	2/25/2021		F		8564 ⁽¹⁾	D	$25.03	3748	D
Common Stock	2/25/2021		M		11298	A	$20.29	15046	D
Common Stock	2/25/2021		F		9835 ⁽¹⁾	D	$25.03	5211	D
Common Stock	2/25/2021		M		7875	A	$20.37	13086	D
Common Stock	2/25/2021		F		6874 ⁽¹⁾	D	$25.02	6212	D
Common Stock	2/25/2021		S		6212	D	$25.01 ⁽²⁾	0	D
Common Stock								4735 ⁽³⁾	I	By 401(k) Plan

*Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)*
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Trans. Date	3A. Deemed Execution Date, if any	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)			11. Nature of Indirect Beneficial Ownership (Instr. 4)
FY 2014 Stock Appreciation Right	$16.67	2/25/2021		M			8070	⁽⁴⁾	12/13/2023	Common Stock	8070.0	$0	0	D
FY 2015 Stock Appreciation Right	$20.99	2/25/2021		M			7801	⁽⁴⁾	12/12/2024	Common Stock	7801.0	$0	0	D
FY 2016 Stock Appreciation Right	$20.8	2/25/2021		M			9684	⁽⁴⁾	12/18/2025	Common Stock	9684.0	$0	0	D
FY 2017 Stock Appreciation Right	$20.29	2/25/2021		M			11298	⁽⁴⁾	12/16/2026	Common Stock	11298.0	$0	0	D
Stock Appreciation Right	$20.37	2/25/2021		M			7875	⁽⁴⁾	11/19/2028	Common Stock	7875.0	$0	2625	D

Explanation of Responses:
(1)	Shares withheld by Valvoline to cover the exercise price and applicable withholding taxes on the Reporting Person's exercise of stock appreciation rights.
(2)	The price reported in Column 4 is a weighted average price. These shares of Valvoline common stock were sold in multiple transactions at prices ranging from $25.00 to $25.075, inclusive. Upon request, the Reporting Person will provide to Valvoline, any security holder of Valvoline, or the staff of the Securities and Exchange Commission full information regarding the shares of Valvoline common stock sold at each separate price within the range set forth in this footnote.
(3)	Represents the approximate number of shares of Valvoline common stock held by the Reporting Person in the Valvoline 401(k) Plan based on the closing price of Valvoline common stock as of the close of business on the Transaction Date.
(4)	50% of the Stock Appreciation Rights vested on the first anniversary of the grant date and 25% vested on each of the second and third anniversaries of the grant date.

Reporting Owners
Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
Puckett Anthony R. 100 VALVOLINE WAY LEXINGTON, KY 40509			SVP, President, Quick Lubes