Form 4: Calumet Inc. Chief Accounting Officer Reports Stock Transactions
SEC Form 4 Filing
Vincent Donargo, Chief Accounting Officer of Calumet Inc., reports the acquisition and disposal of common stock and restricted stock units on March 11, 2025.
Summary
- On March 11, 2025, Vincent Donargo, the Chief Accounting Officer of Calumet Inc., engaged in transactions involving the company's stock.
- Donargo acquired 9,024 shares of common stock through the vesting of restricted stock units.
- He also disposed of 4,144 shares to cover tax withholding obligations related to the vested stock.
- Following these transactions, Donargo directly owns 14,005 shares of Calumet Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral reporting of stock transactions by a company officer, with no inherent positive or negative implications for the company's overall outlook.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock. It's a standard practice for officers of publicly traded companies.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation adjustments and tax obligations of a company officer.
- The filing provides transparency to shareholders regarding insider trading activities.
Key Dates
| Date | Description |
|---|---|
| February 22, 2025 | 100% of the Restricted Stock Units vested. |
| March 11, 2025 | Date of stock acquisition and disposal transactions. |
| March 13, 2025 | Date of signature on the Form 4 filing. |
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