Form 4: Calumet Director Receives Equity Grant

Director Karen A. Twitchell was granted 3,461 restricted stock units in Calumet, Inc. as part of standard compensation.

Summary

• Director Karen A. Twitchell acquired 3,461 Restricted Stock Units (RSUs) on June 2, 2026.
• Each RSU represents the economic equivalent of one share of Calumet, Inc. common stock.
• The units were granted at a price of $0 per share as part of equity compensation.
• The RSUs 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 standard director compensation disclosure.

Risks

• None identified; this is a standard director compensation disclosure.

Future Outlook

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

Industry Context

StockSavvy.ai notes that director equity grants are standard corporate governance practices designed to incentivize long-term board oversight and align director compensation with shareholder value creation.

Comparison to Industry Standards

• The grant of RSUs to non-employee directors is consistent with standard compensation practices for mid-cap energy and industrial companies.
• The one-year vesting schedule is typical for annual director equity awards.

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, Director Compensation, Restricted Stock Units, Insider Ownership