Form 4: Calumet Inc. Executive Bruce A. Fleming Reports Stock Transactions
SEC Form 4 Filing
EVP Bruce A. Fleming of Calumet, Inc. reports the acquisition and disposal of common stock and restricted stock units to cover tax obligations.
Summary
- Bruce A. Fleming, EVP of Montana Renewables at Calumet, Inc., filed a Form 4 detailing changes in beneficial ownership.
- On March 11, 2025, Fleming acquired 173,066 shares of common stock through the vesting of restricted stock units.
- On the same day, Fleming disposed of 68,195 shares to satisfy tax withholding liabilities.
- Following these transactions, Fleming directly owns 587,498 shares of Calumet, Inc. common stock.
- The restricted stock units vested on February 22, 2025.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, which carries a neutral sentiment.
Industry Context
Executive stock transactions are a routine part of corporate governance and are publicly disclosed to ensure transparency and prevent insider trading. This filing provides insight into executive compensation and ownership structure at Calumet, Inc.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect routine executive compensation adjustments.
Key Dates
| Date | Description |
|---|---|
| February 22, 2025 | 100% of the Restricted Stock Units vested |
| 03/11/2025 | Date of stock acquisition and disposal |
| 03/13/2025 | Date of Form 4 signature |
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