Form 4: Calumet Inc. CEO Louis Todd Borgmann Reports Stock Transactions
SEC Form 4 Filing
CEO Louis Todd Borgmann reports the acquisition and disposal of Calumet Inc. common stock and restricted stock units on March 11, 2025.
Summary
- On March 11, 2025, Louis Todd Borgmann, CEO of Calumet Inc., reported transactions involving the company's stock.
- He acquired 114,120 shares of common stock through the vesting of restricted stock units.
- Simultaneously, he disposed of 49,967 shares to cover tax withholding obligations.
- Following these transactions, Borgmann directly owns 235,566 shares of Calumet Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, as required by the SEC. It provides transparency to investors regarding insider activity.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the CEO's holdings, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of stock transactions (acquisition and disposal). |
| 02/22/2025 | 100% of the Restricted Stock Units vested. |
| 03/13/2025 | Date of signature on the Form 4 filing. |
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