Form 4: Calumet Director Julio Quintana Granted Restricted Stock Units

Calumet, Inc. Director Julio M. Quintana was granted 7,067 Restricted Stock Units (RSUs) on June 11, 2025, aligning his interests with shareholders.

Summary

• Julio M. Quintana, a Director of Calumet, Inc. (CLMT), was granted 7,067 Restricted Stock Units (RSUs).
• The transaction occurred on June 11, 2025.
• Each RSU is the economic equivalent of one share of Calumet, Inc. common stock, par value $0.01 per share.
• The RSUs will vest upon the earlier of June 11, 2026, or the date of Calumet, Inc.'s Annual Meeting in 2026.
• Upon vesting, the Restricted Stock Units will be settled.

Sentiment

Score: 6

Explanation: Slightly positive. The grant of RSUs aligns director interests with shareholders, which is generally viewed favorably, though it's a routine compensation event.

Positives

• The grant of Restricted Stock Units to Director Julio M. Quintana aligns his long-term interests with those of Calumet, Inc. shareholders.
• RSU grants are a common form of executive and director compensation, incentivizing performance and retention.

Future Outlook

The 7,067 Restricted Stock Units granted to Director Julio M. Quintana are scheduled to vest upon the earlier of June 11, 2026, or the date of Calumet, Inc.'s Annual Meeting in 2026, at which point they will be settled.

Industry Context

This Form 4 filing details a standard equity compensation grant to a director, a common practice across industries to align management and board interests with shareholder value. Such grants are a routine component of executive and director compensation packages in publicly traded companies, particularly in the energy and specialty products sector where Calumet, Inc. operates.

Comparison to Industry Standards

• The grant of Restricted Stock Units to a director is a standard compensation practice within the U.S. public company landscape.
• While specific comparable companies or projects are not detailed in this filing, equity grants like these are widely used by companies such as Marathon Petroleum Corporation, Valero Energy Corporation, and HollyFrontier Corporation to incentivize their leadership, reflecting a common approach to long-term incentive compensation.

Stakeholder Impact

• Shareholders: The RSU grant aims to align the director's interests with shareholders, potentially leading to better long-term decision-making focused on increasing shareholder value.
• Management/Directors: Provides long-term incentive and compensation for the director.

Next Steps

• Vesting of the 7,067 Restricted Stock Units upon the earlier of June 11, 2026, or the date of Calumet, Inc.'s Annual Meeting in 2026.
• Settlement of the Restricted Stock Units upon vesting.

Key Dates

Keywords

Calumet Inc., CLMT, Restricted Stock Units, RSU, Insider Transaction, Form 4, Director Compensation, Equity Grant, Julio M Quintana