Form 4: Calumet Inc. Director Stephen P. Mawer Reports Acquisition of Restricted Stock Units

Director Stephen P. Mawer reports acquiring restricted stock units in Calumet, Inc.

Summary

• On February 25, 2025, Stephen P. Mawer, a director of Calumet, Inc., acquired 2,213 Restricted Stock Units (RSUs) and 737 Restricted Stock Units.
• The RSUs are the economic equivalent of Calumet, Inc. common stock with a par value of $0.01 per share.
• The 2,213 RSUs are 100% vested and will be settled upon the earlier of a date specified by Mawer or his termination date.
• The 737 RSUs will be settled upon the earlier of a date specified by Mawer or his termination date pursuant to the Deferred Compensation Plan, with 25% vesting on July 1 of each year beginning July 1, 2026.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of stock unit acquisition by a director, which doesn't inherently indicate positive or negative sentiment.

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 vesting schedule of the RSUs indicates a multi-year commitment by the director.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders.

Stakeholder Impact

• The acquisition of RSUs by a director can signal confidence to shareholders.

Key Dates