Form 4: Calumet Director Raymond Paul C Converts Vested RSUs

Calumet Director Raymond Paul C acquired 3,796 shares of common stock through the conversion of vested Restricted Stock Units.

Summary

• Raymond Paul C, a Director of Calumet, Inc. (CLMT), reported a transaction on June 24, 2025.
• The transaction involved the acquisition of 3,796 shares of Calumet, Inc. common stock, par value $0.01 per share.
• These shares were acquired through the conversion of 3,796 Restricted Stock Units (RSUs) at a price of $0 per share.
• Each RSU is the economic equivalent of one share of common stock and is 100% vested.
• Following this transaction, Raymond Paul C beneficially owns 19,680 shares of Calumet, Inc. common stock directly.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as a director's increased direct ownership, even through RSU conversion, generally signals continued alignment with shareholder interests. It is a routine, expected event with no negative implications.

Positives

• The transaction increases Director Raymond Paul C's direct beneficial ownership in Calumet, Inc. by 3,796 shares, aligning his interests further with shareholders.

Future Outlook

This filing does not contain forward-looking statements or guidance regarding the company's future performance.

Industry Context

This is a routine insider transaction related to equity compensation, common across publicly traded companies, and does not reflect broader industry trends or competitive positioning.

Stakeholder Impact

• Shareholders may view the increase in a director's direct ownership positively, as it suggests continued commitment and alignment of interests with the company's performance.

Key Dates

Keywords

Calumet, CLMT, Insider Transaction, Form 4, Restricted Stock Units, RSU Conversion, Director Ownership, Equity Compensation