Form 4: Calumet Inc. Director Raymond Paul C Acquires Restricted Stock Units
SEC Form 4 Filing
Director Raymond Paul C acquired restricted stock units in Calumet, Inc. on May 6, 2025.
Summary
- On May 6, 2025, Raymond Paul C, a director of Calumet, Inc., acquired 2,157 restricted stock units (RSUs) that are the economic equivalent of one share of Calumet, Inc. common stock each.
- These RSUs are 100% vested and will be settled upon the earlier of a date specified by Raymond Paul C or his termination date.
- Additionally, Raymond Paul C acquired 719 restricted stock units that will be settled upon the earlier of the date specified by the reporting person or the reporting person's termination date pursuant to the Deferred Compensation Plan.
- 25% of these Restricted Stock Units vest on July 1 of each year beginning on July 1, 2026.
- Following these transactions, Raymond Paul C directly owns 2,157 and 719 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing the acquisition of restricted stock units by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- The acquisition of restricted stock units by a director could be seen as a positive sign, indicating confidence in the company's future performance.
Future Outlook
The restricted stock units will be settled upon the earlier of the date specified by the reporting person or the reporting person's termination date.
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 the holdings of a director of Calumet, Inc.
Stakeholder Impact
- The acquisition of restricted stock units by a director may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/06/2025 | Date of transaction: Acquisition of restricted stock units. |
| 07/01/2026 | 25% of the 719 Restricted Stock Units vest on July 1 of each year beginning on this date. |
| 05/08/2025 | Date of signature of the report. |
Keywords
Calumet, Inc., Raymond Paul C, restricted stock units, director, acquisition, Form 4, beneficial ownership, CLMT
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