Form 4: Calumet Inc. Director John G. Boss Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Director John G. Boss reports acquiring restricted stock units of Calumet Inc. common stock.
Summary
- On May 6, 2025, John G. Boss, a director of Calumet Inc., acquired 717 and 239 restricted stock units (RSUs).
- The RSUs are the economic equivalent of Calumet Inc. common stock, par value $0.01 per share.
- 717 of the RSUs are 100% vested and will be settled upon the earlier of a specified date or termination date.
- 239 of the RSUs will be settled upon the earlier of a specified date or termination date pursuant to the Deferred Compensation Plan, with 25% vesting annually beginning July 1, 2026.
- Following the transaction, Mr. Boss directly owns 717 and 239 derivative securities.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing. It reports a transaction but doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's acquisition of restricted stock units, which is a common form of equity compensation.
Stakeholder Impact
- The acquisition of restricted stock units by a director aligns their interests with those of shareholders, potentially incentivizing them to work towards increasing shareholder value.
Key Dates
| Date | Description |
|---|---|
| 05/06/2025 | Date of transaction: Acquisition of Restricted Stock Units |
| 05/08/2025 | Date of signature on the Form 4 filing |
| 07/01/2026 | First vesting date for 25% of the 239 Restricted Stock Units |
Keywords
Form 4, Calumet Inc., Restricted Stock Units, Director, Beneficial Ownership, CLMT, John G. Boss
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