Form 4: Calumet Inc. Executive Gregory J. Morical Reports Acquisition of Restricted Stock Units

Gregory J. Morical, SVP and General Counsel of Calumet Inc., reports the acquisition of restricted stock units (RSUs) on March 31, 2025.

Summary

• On March 31, 2025, Gregory J. Morical, SVP and General Counsel of Calumet, Inc., acquired 3,595 Restricted Stock Units (RSUs) that are fully vested and will be settled upon the earlier of a specified date or termination date.
• Additionally, Mr. Morical acquired 1,198 RSUs under the Deferred Compensation Plan, which will be settled upon the earlier of a specified date or termination date, with 25% vesting annually beginning July 1, 2026.
• The reported transactions did not involve any monetary exchange, with the price per derivative security listed as $0.
• Following these transactions, Mr. Morical directly owns 3,595 RSUs and 1,198 RSUs.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of RSUs can be seen as a slightly positive sign, indicating executive confidence, but it's a routine occurrence.

Positives

• The acquisition of RSUs by a key executive could be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The vesting schedule of the RSUs under the Deferred Compensation Plan extends into the future, incentivizing continued service and performance by the executive.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the holdings of company insiders. The acquisition of RSUs is a common form of equity-based compensation used to align executive interests with those of shareholders.

Stakeholder Impact

• The acquisition of RSUs aligns the executive's interests with those of shareholders, potentially encouraging decisions that benefit the company's long-term value.

Key Dates

Keywords

Restricted Stock Units, Form 4, Calumet Inc., Morical, Executive Compensation, RSUs, Beneficial Ownership