Always Learning
No Sir. There is a spring in a brass hex head.
That IS the un-loader valve.
There should be a "U" shaped clip holding the valve in. Pull that clip and remove(pull) the valve.
There's usually corrosion in there that needs to be removed.
On the tip, there's a thin "needle" on the tip that should be moveable.
There's numerous video's about the valve on You Tube...