Form 4: Calumet Inc. Director Stephen P. Mawer Reports Sale of Common Stock

Director Stephen P. Mawer reported selling 3,655 shares of Calumet Inc. common stock at an average price of $12.88 on March 24, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On March 24, 2025, Stephen P. Mawer, a director of Calumet Inc., sold 3,655 shares of common stock.
• The sales were executed at a weighted average price of $12.88 per share, with individual transactions ranging from $12.80 to $12.92.
• The transactions were conducted under a Rule 10b5-1 trading plan adopted on November 15, 2024.
• Following the reported transaction, Mawer directly owns 287,307 shares of Calumet Inc. common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the transaction was executed under a pre-planned 10b5-1 trading plan, which doesn't necessarily reflect the director's current outlook on the company.

Industry Context

This filing is a routine disclosure of insider trading activity. It is important to monitor such filings to understand the sentiment of company insiders regarding the company's prospects. However, sales under 10b5-1 plans are less informative as they are pre-planned.

Stakeholder Impact

• The sale of shares by a director could potentially create short-term negative sentiment among shareholders, although the impact is likely to be minimal due to the pre-planned nature of the transaction.

Key Dates

Keywords

Form 4, Calumet Inc., Stephen P. Mawer, Stock Sale, Director, Rule 10b5-1, Insider Trading