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

Director Amy M. Schumacher reports the acquisition of restricted stock units in Calumet Inc. common stock.

Summary

• On August 6, 2024, Amy M. Schumacher, a director of Calumet Inc., acquired 1,826 and 608 Restricted Stock Units (RSUs).
• The RSUs are the economic equivalent of one share of Calumet Inc. common stock each.
• The 1,826 RSUs are 100% vested and the 608 RSUs vest 25% annually beginning July 1, 2025.
• The RSUs become payable in the form of Calumet Inc. common stock or the cash value thereof upon a specified date or termination date.
• Calumet Inc. became the successor issuer to Calumet Specialty Products Partners, L.P. on July 10, 2024, following a corporate reorganization.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating stock transactions by a company insider. The acquisition of RSUs could be interpreted as a slightly positive signal.

Positives

• The acquisition of RSUs by a director could be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting schedule of the RSUs suggests a continued relationship between the director and the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in beneficial ownership of Calumet Inc. securities by a director.

Stakeholder Impact

• The acquisition of RSUs by a director may have a minor positive impact on shareholder sentiment.

Key Dates