Fisher Eric A 4

What Happened
Eric A. Fisher, a Senior Vice President at Valero Energy (VLO), sold a total of 8,711 shares in open-market transactions. On 2026-03-11 he sold 8,311 shares at $227.69 each for $1,892,332. On 2026-03-12 he sold two blocks of 200 shares each at $238.73 and $238.47, generating $47,746 and $47,694 respectively. Combined proceeds from the three sales were about $1.99 million. These were sales (S), not purchases or option exercises.

Key Details

• Transaction dates and prices:
  • 2026-03-11: 8,311 shares @ $227.69 = $1,892,332
  • 2026-03-12: 200 shares @ $238.73 = $47,746
  • 2026-03-12: 200 shares @ $238.47 = $47,694
• Total sold: 8,711 shares; total proceeds ≈ $1,987,772.
• Shares owned after the transactions: 42,242 shares reported (footnote: this amount does not include 1,083.877 shares indirectly held by the reporting person in a thrift plan).
• Filing: Report was filed with the SEC on 2026-03-12 (no late-filing flag indicated in the report).
• Transaction type code: S = Sale (open market or private sale as reported).

Context
These were open-market sales by an executive, which are commonly routine (e.g., for diversification, liquidity, or tax reasons) and do not by themselves indicate a change in company prospects. Retail investors typically view purchases as stronger signals than routine sales; treat this as a disclosure of insider selling rather than a clear directional indicator.