Form 4: Calumet Inc. Director Amy M. Schumacher Reports Acquisition of Restricted Stock Units

Director Amy M. Schumacher reported the acquisition of restricted stock units in Calumet, Inc. common stock on November 7, 2024.

Summary

• On November 7, 2024, Amy M. Schumacher, a director of Calumet, Inc., acquired restricted stock units (RSUs) that are the economic equivalent of Calumet, Inc. common stock.
• Schumacher acquired 1,067 RSUs that are 100% vested and payable either in shares or cash upon a specified date or termination.
• An additional 355 RSUs were acquired under the Deferred Compensation Plan, vesting 25% annually beginning July 1, 2025.
• A further 4,935 RSUs were acquired, vesting on November 7, 2027, and will be settled upon vesting.
• The price of each derivative security was $0.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing indicating insider transactions. The acquisition of RSUs is generally a positive sign, but it's a routine occurrence.

Positives

• The acquisition of restricted stock units by a director signals confidence in the company's future performance.

Future Outlook

The vesting schedules of the restricted stock units indicate a long-term incentive structure for the director.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders, such as directors and officers, in the company's securities. This allows investors to monitor insider activity, which can provide insights into management's perspective on the company's valuation and prospects.

Stakeholder Impact

• The acquisition of restricted stock units by a director can be viewed positively by shareholders as it aligns the director's interests with the company's long-term success.

Key Dates