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

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

Summary

• On May 6, 2025, Stephen P. Mawer, a director of Calumet, Inc., reported the acquisition of 3,074 Restricted Stock Units (RSUs) and 1,024 RSUs.
• The RSUs are the economic equivalent of Calumet, Inc. common stock, par value $0.01 per share.
• The RSUs will be settled upon the earlier of a date specified by the reporting person or the reporting person's termination date.
• The first set of 3,074 RSUs are 100% vested.
• 25% of the second set of 1,024 RSUs vest on July 1 of each year beginning on July 1, 2026.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

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 for the RSUs indicates 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.

Stakeholder Impact

• Shareholders are informed about the director's acquisition of RSUs, providing transparency into insider activity.

Key Dates

Keywords

Restricted Stock Units, Director, Form 4, Beneficial Ownership, Calumet Inc., Mawer, CLMT