Form 4: Calumet Director Paul C. Raymond Receives Stock Grant

Director Paul C. Raymond was granted 3,461 restricted stock units in Calumet, Inc. as part of standard equity compensation.

Summary

• Director Paul C. Raymond acquired 3,461 restricted stock units (RSUs) of Calumet, Inc. (CLMT).
• Each RSU represents the economic equivalent of one share of common stock.
• The grant was issued on June 2, 2026.
• The units are scheduled to vest on the earlier of June 2, 2027, or the date of the 2027 Annual Meeting.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.

Positives

• Alignment of director interests with shareholders through equity-based compensation.

Negatives

• None identified; this is a routine equity grant.

Risks

• Value of the equity grant is subject to market volatility of Calumet, Inc. common stock.

Future Outlook

The RSUs will settle upon vesting on June 2, 2027, or the 2027 Annual Meeting date, whichever occurs first.

Industry Context

StockSavvy.ai notes that equity grants to non-employee directors are standard corporate governance practice to ensure long-term alignment with shareholder value in the energy and specialty products sector.

Comparison to Industry Standards

• The grant of RSUs to directors is consistent with standard compensation practices for publicly traded companies in the U.S.
• The vesting period of one year is typical for annual director equity retainers.

Stakeholder Impact

• Minimal impact on shareholders; represents standard director compensation.

Next Steps

• Vesting of the 3,461 RSUs on June 2, 2027, or the 2027 Annual Meeting date.

Key Dates

Keywords

Calumet, CLMT, Form 4, Insider Trading, Director Compensation, Restricted Stock Units