Form 4: Calumet Inc. Executive Gregory J. Morical Reports Acquisition of Restricted Stock Units
SEC Form 4 Filing
Gregory J. Morical, SVP and General Counsel of Calumet Inc., reports the acquisition of 22,766 Restricted Stock Units (RSUs) on February 25, 2025, vesting on February 25, 2028.
Summary
- On February 27, 2025, Gregory J. Morical, SVP and General Counsel of Calumet, Inc., filed a Form 4 with the SEC.
- The filing reports a transaction that occurred on February 25, 2025, where Mr. Morical acquired 22,766 Restricted Stock Units (RSUs).
- These RSUs are the economic equivalent of one share of Calumet, Inc. common stock each.
- The RSUs vest on February 25, 2028, and will be settled upon vesting.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for company insiders reporting transactions in their company's securities, providing transparency to the market.
Stakeholder Impact
- The acquisition of RSUs by a company executive can align their interests with those of shareholders.
Key Dates
| Date | Description |
|---|---|
| 02/25/2025 | Date of transaction: Acquisition of 22,766 Restricted Stock Units. |
| 02/25/2028 | Vesting date of the Restricted Stock Units. |
| 02/27/2025 | Date of Form 4 filing. |
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