Form 4: Calumet Director Raymond Paul C Granted 7,067 Restricted Stock Units

Calumet, Inc. Director Raymond Paul C was granted 7,067 Restricted Stock Units, which are set to vest by June 2026.

Summary

• Raymond Paul C, a Director of Calumet, Inc. (CLMT), was the reporting person for this transaction.
• The transaction involved the acquisition of 7,067 Restricted Stock Units (RSUs) on June 11, 2025.
• Each Restricted Stock Unit is economically equivalent to one share of Calumet, Inc. common stock.
• The RSUs were acquired at a price of $0, indicating a grant rather than a purchase.
• Following this transaction, Raymond Paul C directly beneficially owns 7,067 Restricted Stock Units.
• The Restricted Stock Units will vest on 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: 7

Explanation: The grant of equity to a director is generally viewed positively as it aligns the director's financial interests with the long-term performance of the company's stock, benefiting shareholders. This is a routine compensation event.

Positives

• The grant of 7,067 Restricted Stock Units to Director Raymond Paul C aligns his financial interests with those of shareholders, as the value of the units is directly tied to the company's common stock performance.

Risks

• The ultimate value of the Restricted Stock Units is dependent on the future market price of Calumet, Inc.'s common stock, which is subject to market fluctuations and company performance.

Future Outlook

The Restricted Stock Units granted to Director Raymond Paul C are scheduled to vest on 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 filing is a standard disclosure of an insider equity grant, a common practice in corporate compensation structures across various industries. Such grants are typically designed to align the interests of company directors and executives with long-term shareholder value creation. It does not provide broader industry-specific trends or competitive analysis.

Related Party Transactions

• The grant of 7,067 Restricted Stock Units to Director Raymond Paul C constitutes a related party transaction, as it involves compensation from the company to a member of its board of directors.

Stakeholder Impact

• Shareholders: The grant of equity to a director aligns their interests with shareholders, potentially encouraging decisions that enhance long-term stock value.
• Employees: No direct impact on employees is indicated by this specific filing.
• Customers: No direct impact on customers is indicated by this specific filing.
• Suppliers: No direct impact on suppliers is indicated by this specific filing.
• Creditors: No direct impact on creditors is indicated by this specific filing.

Next Steps

• The 7,067 Restricted Stock Units will vest on the earlier of June 11, 2026, or the date of Calumet, Inc.'s Annual Meeting in 2026.
• The Restricted Stock Units will be settled upon vesting.

Key Dates

Keywords

Calumet Inc, CLMT, Restricted Stock Units, RSU, Director Compensation, SEC Form 4, Equity Grant, Insider Transaction