FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF 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 *

Dobbins Robert Travis
2. Date of Event Requiring Statement (MM/DD/YYYY)
2/6/2023 

3. Issuer Name and Ticker or Trading Symbol

VALVOLINE INC [VVV]
(Last)        (First)        (Middle)

100 VALVOLINE WAY
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                          _____ 10% Owner
___X___ Officer (give title below)        _____ Other (specify below)
SVP & Chief Technology Officer /
(Street)

LEXINGTON, KY 40509      

(City)              (State)              (Zip)
5. 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 Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock 12083 D  
Common Stock 1945 (1)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. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
FY 2023 Restricted Stock Units  (2) (2)Common Stock 2368.0  (3)D  
FY 2022 Restricted Stock Units  (4) (4)Common Stock 1475.0  (3)D  
FY 2021 Restricted Stock Units  (5) (5)Common Stock 890.0  (3)D  

Explanation of Responses:
(1) 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 on February 6, 2023.
(2) The restricted stock units granted on November 29, 2022 vest in three equal annual installments beginning on the first anniversary of the grant date.
(3) Restricted stock units convert into Valvoline common stock on a one-for-one basis.
(4) The restricted stock units granted on November 11, 2021 vest in three equal annual installments beginning on the first anniversary of the grant date.
(5) The restricted stock units granted on November 12, 2020 vest in three equal annual installments beginning on the first anniversary of the grant date.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Dobbins Robert Travis
100 VALVOLINE WAY
LEXINGTON, KY 40509


SVP & Chief Technology Officer

Signatures
/s/ Ian C. Lofwall, Attorney-in-Fact2/9/2023
**Signature of Reporting PersonDate


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
*If the form is filed by more than one reporting person, see Instruction 5(b)(v).
**Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note:File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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