Form 4: Calumet Director John Boss Acquires 3,796 Fully Vested Restricted Stock Units
Insider Transaction Report
Calumet, Inc. Director John G. Boss has acquired 3,796 fully vested Restricted Stock Units, as reported in a recent SEC Form 4 filing.
Summary
- John G. Boss, a Director of Calumet, Inc. (CLMT), acquired 3,796 Restricted Stock Units (RSUs).
- The transaction occurred on June 9, 2025.
- Each Restricted Stock Unit is the economic equivalent of one share of Calumet, Inc. common stock, par value $0.01 per share.
- The acquired Restricted Stock Units are 100% vested and will be settled upon vesting.
- Following this reported transaction, Mr. Boss directly beneficially owns 3,796 Restricted Stock Units.
- The filing also includes a Power of Attorney, dated June 10, 2025, authorizing specific individuals to execute and file SEC forms on behalf of John G. Boss.
Sentiment
Score: 6
Explanation: The acquisition of fully vested restricted stock units by a director is a routine compensation event and generally viewed as a neutral to slightly positive signal, as it aligns management's interests with shareholders.
Positives
- Director John G. Boss acquired 3,796 fully vested Restricted Stock Units, which aligns his interests with those of the shareholders.
Future Outlook
NA
Industry Context
This Form 4 filing reports a routine insider transaction, specifically the grant and acquisition of restricted stock units as part of director compensation. Such filings are common across all industries for publicly traded companies and do not inherently reflect broader industry trends but rather specific corporate governance and compensation practices.
Related Party Transactions
- The acquisition of Restricted Stock Units by a director represents a compensation-related transaction between the company and an insider.
Stakeholder Impact
- Shareholders: The acquisition of vested shares by a director aligns the director's financial interests with those of the shareholders, potentially fostering long-term value creation.
Next Steps
- Settlement of the 3,796 Restricted Stock Units, which are 100% vested.
Key Dates
| Date | Description |
|---|---|
| 06/09/2025 | Date of transaction for the acquisition of Restricted Stock Units. |
| 06/10/2025 | Date the Power of Attorney was executed by John G. Boss. |
| 06/11/2025 | Date the Form 4 was signed by the attorney-in-fact. |
Keywords
Calumet, CLMT, John G. Boss, Director, Restricted Stock Units, RSU, Insider Transaction, Beneficial Ownership, SEC Form 4
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